7 bedroom Terraced House For Sale

Sold Via Auction 28th May

** Student seven bedroom HMO investment property in Fallowfield ** Let to students for £4000 pm for the current academic year **

Talbot Road presents an excellent opportunity for investors seeking a well set out student HMO. Situated within the ever-popular M14 postcode, near local amenities and transport links. Close to major universities and key employment hubs this property is ideally positioned to attract students, young professionals, and sharers.

The property boosts a large open plan kitchen/diner and lounge with ample storage. The ground floor has two bedrooms and a shower room. The first floor has a further three bedrooms and a bathroom and the second floor two bedrooms and a shower room. There is also a useful utility area to the basement and a private rear garden.

We understand that the current owner purchased the property as a 5 bedroom HMO in 2019, then it was converted to a 7 bedroom HMO within the next two years.  We have been informed by the current letting agent that the property is let for £4000pcm, we are expecting this to be included in the legal pack. 

REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargreaves Gilman, Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the broker named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £250 from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.Property Terms and Conditions  Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

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

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

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 our auction processes, please refer to the Bidder Terms which can be viewed on BTG Eddisons Property Auctions home page.

This explains the types of auction and sale methods we offer, the bidding 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. EPC rating: D. Council tax band: C, Domestic rates: £1940.46, Tenure: Freehold, Mobile signal information: 4g & 5g