For sale by Unconditional Online Auction. A four-bedroom HMO in Failsworth, currently let producing £2,145 per month.

A four-bedroom HMO in Failsworth, currently let producing £2,145 per month.

A very well positioned, four bedroom HMO in Failsworth. All four bedrooms have double beds and are en-suite, sharing a kitchen on the ground floor. There is a fifth room that is currently used as storage but could potentially be used as a fifth lettable room, subject to the relevant consents. The property is in good condition throughout, well maintained by the current tenants

Situated just off Oldham road, in the heart of Failsworth, the property is surrounded by amenities and is just over four miles from Manchester City Centre. There are a selection of supermarkets, shops, transport links and plenty of cafes, bars and restaurants all within easy reach from the property. For commuters, Manchester City Centre is easily accessible with public transport services offering a direct route. Oldham Town Centre is also just over four miles away in the opposite direction. There are a number of sports/leisure facilities in the area and outdoor spaces within easy reach.

Construction Material: Cavity wall, as built, no insulation (assumed)
Heating Supply: Double glazing and gas central heating
Electricity Supply: TBC
Water Supply: TBC
Sewerage Arrangements: TBC
Broadband: Standard - 16 mbps, Superfast - 80 mbps, Ultrafast - 1000 mbps available
Mobile Phone Coverage: O2, EE, Three, Vodafone available
Note: Please be advised that layout is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Freehold

EPC Rating: D

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The 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.