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6 bedroom house of multiple occupation for sale
22 Cockton Hill Road, Bishop Auckland, County Durham, DL14 6AH
£150,000
22 Cockton Hill Road, Bishop Auckland, County Durham, DL14 6AH
£150,000
Our Summary
- For sale by Online Auction - 24th of September at 10:00
- Fully Renovated 6-Bed HMO Description 6 Spacious Bedrooms + bathroom, separate shower & extra WC Modern fully fitted kitchen & large communal areas Private garage + 2 large storage units Front & rear private entrances for convenience & security 2 mins to train station 4 mins to primary school Walking distance to hospital, GP, shops, post office Projected £2,700+ Gross Monthly Income (scope for more) Valid HMO Licence fully regulation compliant Potential of a 24% yield (at guide price) Legal PackA legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information
- To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- The seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
This fully renovated 6-bedroom HMO property is being sold by online auction on September 24th at 10:00. The property boasts six spacious bedrooms, each with its own bathroom, as well as a separate shower and extra WC. The modern kitchen is fully fitted and is accompanied by large communal areas. The property also features a private garage and two large storage units, making it an ideal investment opportunity. With front and rear private entrances, the property offers convenience and security. Located just two minutes from the train station and four minutes from the primary school, it's also within walking distance to the hospital, GP, shops, and post office. The projected gross monthly income is £2,700+, with the potential for a 24% yield at the guide price. The property is fully regulation compliant with a valid HMO licence, making it an attractive option for investors.