5 bedroom House of Multiple Occupation in Warrington

12 Fletcher Street, Warrington WA4 6PY
  • Lot No: 231
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Variable Fee

Guide Price* £195,000+ plus fees

Property Description

A five bedroomed HMO, currently let producing £29,640 per annum, situated just over one mile south of Warrington town centre, surrounded by amenities and services which include shopping facilities, transport links and a plenty of pubs, bars and eateries. Warrington town centre is easily accessible on foot or via public transport services operating on Chester Road (A5060). There are a number of sports and leisure facilities in the area and outdoor spaces within easy reach which include Wilderspool Causeway Park. The property itself comprises five bedrooms, all with en-suites and kitchenettes. The property also offers communal kitchen space.

Note

The photos illustrating the property have been supplied by the seller. Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Leasehold Information

Term: 1000 years (less 1 year) from 1 May 1905. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Leasehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. 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 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). 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.