1 - 7 John Street Pemberton, Wigan, Lancashire, WN5 0DT

  • Conditional Online Auction Sale
  • Guide Price * : £730,000 Plus fees

FOR SALE BY ONLINE CONDITIONAL AUCTION
On Behalf of Rutter Green


  • HMO Investment Opportunity
  • Panoramic CCTV Enabling For All Round Security and Peace of Mind
  • Wired Fire Alarm and Smoke Detectors
  • Gas Central Heating
  • Separate Lockable Unit for Each Property
  • Potential Income of £8,150pcm (9.8% gross yield)

Property Description

FOR SALE BY ONLINE CONDITIONAL AUCTION
On Behalf of Rutter Green


HMO INVESTMENT OPPORTUNITY

The Green’ is a unique development of four traditionally built properties presented as HMO’s with a potential income of £8,150 pcm (9.8% gross yield).

Situated close to Pemberton Village Centre, which has a mixture of old and new residential and commercial properties and with free public car parking on hand, making this a great location for both business and residence. The properties have convenient access to all local amenities including the local motorway network – the M6/M58 junction being just a 5-minute drive away as well as easy access to the North Wests Motorway network including the M61, M55, M62 etc., and Pemberton Station is circa 1 mile away providing regular rail links to Liverpool, Wigan, and beyond.

The properties are finished to a high specification.

Specifications
• Spacious balcony to one bedroom
• Roof lights/windows in master bedroom
• Full Category 6 cabling throughout to provide high speed
internet connectivity anywhere in the property
• Panoramic CCTV enabling for all round security and peace
of mind
• Wired fire alarm and smoke detectors
• Security alarm providing remote monitoring
• Smart TV connection point
• Gas central heating
• Pre-wired and plumbed for separate services connection to
Work area
• 10-year NHBC warranty
• Band ‘B’ Energy Ratings

Each property is spread over three floors. The ground floor could be offered as commercial space and is approved for Class B1 business use or could be a studio apartment with kitchenette area, understairs storage and disabled access wet room. With a further 3 bedrooms in No1 St John Street and 4 bedrooms in No’s 3, 5 & 7.

Each property has a dining/kitchen with a range of base and wall units also space for fridge/freezer and washing machine. Some properties have utility rooms with W.C. that have the potential to be converted into En-suites. One bedroom in each property also has its own balcony giving some outside space.
There is also a separate lockable unit for each property providing extra storage.


Tenure
See Legal Pack

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also know as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our website, www.sdlauctions.co.uk.


Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions


Energy Performance Certificates

EPCs can be viewed in the Related Documents section on our website or in the legal pack.


Auction Type: Conditional with Reservation Fee

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online -auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and will have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period, the seller is not able to accept other offers.

The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.


Joint Agent

Rutter Green



Log in to view your status

Unsold

This auction lot is now closed.

Auction Ended

Connecting to server...

Joint Agent

For viewings please contact:
Rutter Green
01942 367915
hello@ruttergreen.co.uk

Related Documents