4 bed terraced house for sale

Glasgow Street, Northampton NN5

Summary
William H Brown are pleased to offer for sale this amazing investment opportunity with a licensed HMO bringing in a yearly income of over £24,000. Viewing is highly recommended.

Description
A well-maintained, licensed four-person HMO located in the popular St James area (NN5) of Northampton. The property is conveniently positioned approximately one mile from both the railway station and town centre, with a range of local amenities nearby. The accommodation includes an entrance hall, communal washroom with WC and basin, a fitted kitchen, cellar, and a separate living/dining area. There are four rentable rooms in total: One ground-floor double bedroom with a bay window, and three additional bedrooms on the first floor. A shared bathroom with a shower over the bath completes the upper level. Externally, the property benefits from a low-maintenance, courtyard-style rear garden. Viewing is highly recommended.

Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Lounge 12' x 12' 6" ( 3.66m x 3.81m )
Window to rear.

Kitchen 9' 5" x 8' 3" ( 2.87m x 2.51m )
Kitchen with range of units.

Bedroom Four 11' 3" x 12' 4" ( 3.43m x 3.76m )
Window.

Bedroom One 15' 7" x 11' 1" ( 4.75m x 3.38m )
Window.

Bedroom Two 8' 6" x 12' 6" ( 2.59m x 3.81m )
Window.

Bedroom Three 8' 1" x 10' 2" ( 2.46m x 3.10m )
Window.

Bathroom
Comprising shower cubicle, WC, wash hand basin, window.

Outside

Rear Garden
Mainly laid to lawn.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.