38 Osborne Road, Cleveland, Hartlepool, TS26 9JN

  • Conditional Online Auction Sale
  • Guide Price * : £105,000 Plus fees

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Birchover Sales & Lettings Limited

Contact SDL Auctions for details or visit www.sdlauctions.co.uk


CALLING ALL INVESTORS!
17% YIELD

This 5 bedroom licensed HMO benefits from having a full refurbishment throughout, fully furnished, neutral decor throughout and five ensuites.

This property is split over three levels allowing ample space for a shared kitchen and living room.

**The property is fully tennanted with a profit of £22,000 per annum**

Bidding Ends 20th September 2017 @ 12pm
Contact SDL Auctions for details or visit www.sdlauctions.co.uk


  • Licensed HMO
  • 17% Yield
  • 5 Bedrooms with En-Suites
  • Full Refurbishment Throughout
  • Neutral Decoration Throughout

Property Description

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Birchover Sales & Lettings Limited

Contact SDL Auctions for details or visit www.sdlauctions.co.uk


CALLING ALL INVESTORS!
17% YIELD

This 5 bedroom licensed HMO benefits from having a full refurbishment throughout, fully furnished, neutral decor throughout and five ensuites.

This property is split over three levels allowing ample space for a shared kitchen and living room.

**The property is fully tennanted with a profit of £22,000 per annum**

Bidding Ends 20th September 2017 @ 12pm
Contact SDL Auctions for details or visit www.sdlauctions.co.uk

38 Osborne Road, Hartlepool, TS26 9JN

CALLING ALL INVESTORS!
17% YIELD

This 5 bedroom licensed HMO benefits from having a full refurbishment throughout, fully furnished, neutral decor throughout and five ensuites.

This property is split over three levels allowing ample space for a shared kitchen and living room.

**The property is fully tennanted with a profit of £22,000 per annum**


Kitchen

Fully fitted kitchen with neutral decor and cream tiled flooring.


Living Room

Shared living space including two sofas, TV, stand and coffee table

Neutral decor and grey carpets.


Bedroom One

Fully furnished bedroom with ensuite, neutral decor and grey carpet.


Bedroom Two

Fully furnished bedroom with ensuite, neutral decor and grey carpet.


Bedroom Three

Fully furnished bedroom with ensuite, neutral decor and grey carpet.


Bedroom Four

Fully furnished bedroom with ensuite, neutral decor and grey carpet.


Bedroom Five

Fully furnished bedroom with ensuite, neutral decor and grey carpet.


Conditions of Sale

The Conditions of Sale will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.


*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 is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.


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 full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.


Conditional Online Auction Procedure

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 have 28 days within which to exchange. If you fail to do so, you may lose your reservation fee. During the 28 day reservation period, the seller is not able to accept other offers.

The sale of each Lot is subject to a reservation fee of 4% + VAT (4.8% inc VAT) subject to a minimum £5,000 +VAT (£6,000 inc VAT). The reservation fee does not contribute towards the purchase price.

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.

Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions


Joint Agent

Birchover



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Joint Agent

For viewings please contact:
Birchover
0330 122 9960
leads@birchover.com

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