hmo in SK17

London Road, Buxton, Derbyshire, SK17 9NT

Starting Bid
£165,000
Time left:
Bid now

Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Two storey building
  • Freehold title
  • Five bedroom HMO
  • Central location
  • Annual income approx £7,800
  • Tenanted investment

hmo in SK17

FOR SALE BY ONLINE AUCTION: terms and conditions apply.

We are pleased to offer to auction this two storey, three floor investment opportunity, excellently located along London Road, Buxton. The property comprising of a 5 bedroom HMO with lounge and kitchen on the ground floor, bathroom, shower room and W.C first floor. We are advised the property is currently tenanted at £650pcm on a 2 year lease commencing om the 14th of August 2019.

Please note we have not inspected this property.

Summary

  • Property Type: HMO
  • Parking: On Street

Location

The subject property is located along London Road, Buxton. The property is well located close to local amenities and a short walk away from the town centre. The property also has good transport links with closest bus stop being a minutes walk along the road as well as having easy access to the A6 and A515. The subject property is located 28 miles southeast of Manchester and 42 miles northwest of Nottingham.

Accommodation

GROUND FLOOR:
Entrance hallway
Front reception 12'8 (max into alcove) x 11'3
Rear reception room 15'10 (to chimney breast) x 10'8
Kitchen 8'8 x 7'

FIRST FLOOR:
Front bedroom 16'6 (to chimney breast) x 7'10
Rear bedroom 8'8 (to wardrobe fronts) x 8'3
Bathroom
Shower room
Second W.C.

SECOND FLOOR:
Front bedroom 16'6 x 10'5
Rear bedroom 16'3 x 10'4

EXTERNAL:
Yard to rear with steps up to hard-standing area affording off-road parking.

Tenure

Freehold. Title number DY326831.

Lease Details

We are advised the property is currently tenanted at £650pcm on a 2 year lease commencing 14th August 2019.

Council Tax

Band C

EPC

Available upon request (rating D).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase. Legal Pack A legal pack is available to download. Special conditions may apply. We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property. The deposit is non-refundable.  Buyer Fees This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price. A reservation fee is payable by the buyer where a seller has opted to sell with no fees.

As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable. More Information For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following: 

My bid, once submitted, cannot be withdrawn by me at any time before 1 hour after the close of the auction. My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online. 

At the point of registration you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within five business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the balance outstanding balance (if applicable) at which point you can opt to use the same card.  

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid for 15 minutes. After 15 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met. If there is another bid within 15 minutes of the last bid, the auction countdown timer will be restarted for another 15 minutes to allow further bidding. This system avoids last minute (or second) bidding, and makes for a fairer auction as in a live room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.

Minimum online bidding increments:

Up to £50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £1 million - £2,000 minimum bid
£1 million+ -  £2,500 minimum bid

Please note this bidding process applies specifically to online auctions.

Please login to view legal packs for this property.