For Sale4 Bedroom Terraced House in Fawdry Street, Wolverhampton, WV1£160,000

ATTENTION INVESTORS! HMO RESIDENCY, ACHIEVING £1386 per calendar month/ A MID-TERRACED HMO LICENSED PROPERTY (WITH 4 BEDROOMS IN GOOD CONDITION). Comprising of entrance hall, ground floor 4th bedroom, lounge, kitchen, ground floor bathroom, 3 first floor bedrooms and rear garden. Connells Wolverhampton are delighted to bring to the market this four bedroom mid-terraced property with the added benefit of a HMO license. A fantastic opportunity for investors to purchase a well presented home in the Whitemore Reans area local to Wolverhampton City Centre. The property comprises of an entrance hall, ground floor fourth bedroom, lounge, kitchen, ground floor bathroom. The first floor has three double bathrooms. Externally there is a generous rear garden for residence to enjoy. Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. Location And Area Situated just a stone's throw away from Wolverhampton City centre and University, there a selection of junior school and local shopping nearby. Approach Courtyard frontage. Entrance Hall Radiator, doors to ground floor fourth bedroom and lounge. Ground Floor Bedroom four 14' 6" max x 9' 5" max ( 4.42m max x 2.87m max ) Window to front, meter cupboard. Lounge 12' 2" max x 12' 8" max ( 3.71m max x 3.86m max ) Double glazed window to rear, radiator, storage cupboard, doors to hallway, kitchen and stairs. Kitchen 10' 10" x 7' 2" ( 3.30m x 2.18m ) Matching wall and base units with one and a half stainless steel sink and drainer, mixer tap, integrated electric oven, four ring gas hob with extractor hood, partly tiled walls, plumbing point for washing machine, wall mounted boiler, double glazed window to side, door to rear, ground floor bathroom and lounge. Ground Floor Bathroom Panelled bath with shower over, low flush wc, wash hand basin, partly tiled walls, heated towel rail, extractor fan, double glazed window to side. First Floor Landing Radiator, loft access, doors to various rooms. Bedroom One 12' 8" max x 12' 2" max ( 3.86m max x 3.71m max ) Double glazed window to front, radiator. Bedroom Two 12' 3" max x 9' 6" max ( 3.73m max x 2.90m max ) Double glazed window to rear, radiator, built in wardrobe. Bedroom Three 11' x 10' 3" ( 3.35m x 3.12m ) Double glazed window to rear, radiator. Outside Rear Lawn with mature trees and a gate for the right of access.