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6 bedroom end of terrace house for sale
126 Park Road, Netherton, Dudley DY2 9DD
£215,000
126 Park Road, Netherton, Dudley DY2 9DD
£215,000
Our Summary
- For sale on 26 June 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Offering potential for HMO, Airbnb, rent-to-rent, contractor let, or company let
- (subject to necessary permissions) The ground floor comprises of 2 bedrooms, lounge, kitchen, utility, full shower room, garage (which could be converted STPP) To the first floor there are 4 bedrooms and a full bathroom
- Offering potential for double-storey extension (STPP) We have been informed of rental potential below: Double rooms: £550 PCM / Single rooms: £450 PCM Estimated gross rent: £3,100 PCM (£37,200 PA) Gross yield against the guide price: 17% The property is located in a prime DY2 location with strong tenant demand
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 26
- Auction: 31
- Investment Opportunity
- Potential for further development (STPP)
Description
A vacant 6-bedroom end-terraced property with 141 sqm of accommodation is being sold at auction on June 26, 2025. The property has potential for various uses, including HMO, Airbnb, rent-to-rent, contractor let, or company let, subject to necessary permissions. The ground floor features two bedrooms, a lounge, kitchen, utility, full shower room, and a garage that could be converted. The first floor has four bedrooms and a full bathroom. The property has a rear garden, garage, and double gate access for parking, with potential for a double-storey extension. The estimated gross rent is £3,100 PCM, and the gross yield against the guide price is 17%. The property is located in a prime DY2 location with strong tenant demand. The sale will take place online with live auctioneers, and bidders can register by proxy, online, or by phone. The auction will commence at 09:00.