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5 bedroom terraced house for sale
44 Richmond Road, Grays, Essex, RM17 6DW
£250,000
44 Richmond Road, Grays, Essex, RM17 6DW
£250,000
Our Summary
- Guide Price £250,000 Plus Fees For sale by unconditional online auction, registration is now open
- 17/12/2024 10:00 17/12/2024 12:25 For sale by online auction on 17 December 2024 Bidding opens at 10:00am and closes from 12:00 noon Mid terrace HMO property with 5 beds Extended HMO license Rental yield is in excess of £31,000 pa (when fully occupied) Close to local amenities Transport links nearby Town and Country Property Auctions are pleased to offer to the market this mid terrace, previously fully occupied and licenced HMO property with 5 beds created and currently part let with AST's
- Tenure Freehold Terms Legal Pack To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
Description
This mid-terrace property is being sold by unconditional online auction on December 17, 2024, with bidding opening at 10:00am and closing from 12:00pm. The property is a licensed HMO with 5 beds, generating a rental yield of over £31,000 per annum when fully occupied. It is located close to local amenities, transport links, and major road networks, including the A13 and M25. The property has a rear garden with access and is currently part-let with ASTs. The vendor is selling the property on a freehold basis, and the buyer will be required to pay a 10% deposit and a buyer's administration fee of £1,200 plus VAT upon the fall of the hammer. The auction conditions require a full legal completion 28 days following the auction, and additional fees, costs, and charges may apply.