Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
CENTRE-TERRACED HMO PROPERTY WITH INVESTMENT INCOME.

Lot 6

22 Barchester Close, Cowley, Middlesex UB8 2JY

Photo of 22 Barchester Close, Cowley, Middlesex UB8 2JY
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CENTRE-TERRACED HMO PROPERTY WITH INVESTMENT INCOME.

Lot 6

This mid-terraced property consists of six double bedroomsand being within close proximity of Brunel University is ideal for student lets. The property has full HMO licence and is currently let at a gross rental figure of 2,565 pcm (30,780pa) and is being sold with the benefit of this investmentincome. The rents quoted include bills such as gas, electric, water. It is also includes TV, telephone and broadband package thus the net rental figure received is in the region of 2,300 pcm (27,600 pa). The property is presented in good decorative order and is situated close to shopping and travel amenities.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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