7 bed terraced house for sale

Walton-Le-Dale, Preston, Lancashire PR5

Great investment opportunity
***Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £290,000***
This 7-bed HMO, with 7-En suite bathrooms, great condition, fully occupied and generating an income of £41,700 per annum.
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
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Immediate ‘exchange of contracts- available
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Being sold via ‘Secure Sale-

Welcome to this fully HMO-compliant investment opportunity, generating a sizeable income and situated in a fantastic location, with great transport links and the Capitol Retail Park just a minutes walk away.

Each room comes complete with the necessary furniture (wardrobes, bed etc) and each occupant will have their own shower room, making this an attractive proposition for tenants.

The property also has a communal sitting area, fully functioning kitchen with all appliances included in the sale. Adjacent to this is a utility/laundry area and again all appliances are included, for your convenience. You will also find a downstairs W.C. To the rear of the property.

Externally, the property has been well-maintained and has recently been painted. To the side of the property there is parking for up to 3 cars and further room on the road.

With the property operating as an HMO for over a decade and with full occupancy, viewing is a must.

- guide price : £290,000
- Council Tax band : A
- EPC rating : D

'Disclaimer'
'These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.'

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as The Auctioneer.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid- or ‘Guide Price- and is accompanied by a ‘Reserve Price-. The ‘Reserve Price- is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price- / ‘Starting Bid-.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers- obligations and sellers- commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

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