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5 bedroom terraced house for sale
44 Richmond Road, Grays, Essex, RM17 6DW
£300,000
44 Richmond Road, Grays, Essex, RM17 6DW
£300,000
Our Summary
- Guide Price £300,000 Plus Fees For sale by unconditional online auction, registration is now open
- For Sale Via Auction Treaty 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 via unconditional online auction with a guide price of £300,000 plus fees. The property is a previously fully occupied and licensed HMO with 5 beds, generating a rental yield of over £31,000 per annum when fully occupied. The property is located close to local amenities, transport links, and is within walking distance to Lakeside shopping centre, Grays C2C station, and A13/M25 links. The property is being sold freehold and comes with a rear garden with access. The buyer will be required to pay a 10% deposit and a buyers administration fee of £1,200 plus VAT, and contracts will be exchanged immediately after the auction. The purchaser is legally bound to buy and the vendor is legally bound to sell, with a completion deadline of 28 days following the auction.