3 Freemans Close

Ref: Lot TBC

Guide Price*
Unconditional lot
£800,000 + fees

3 Freemans Close, Stoke Poges, Slough, Berkshire, SL2 4ER

HMO investment opportunity generating £3925 pcm

Description

We are delighted to offer to the market this detached property which is currently rented to 6 persons and generating £3925 pcm. This licensed HMO produces £47,100 income per annum which equates to 5.54% yield based on this guide price.
Gross internal measurement is 224.15 sq metres (2,412 sq ft).
The property comprises 4 bedrooms, 2 bathrooms, kitchen and 3 reception rooms (2 of which are currently used as bedrooms).
Outside is parking for 5 cars and garden, and decking area to the rear.

Situated in a sought after cul-de-sac, being a short walk to all local amenities, pre-school nurseries, Stoke Poges Primary School and Khalsa Secondary Academy School. Close to Gerrards Cross High Street and its amenities.

EPC Rating D

Bullets

For sale by online auction on 31 August 2022
Licensed HMO with 6 persons generating £3925 pcm
4 bed detached property
3 large reception rooms (2 currently used as bedrooms)
Gross internal is 224.15 sq metres (2,412 sq ft)
Parking for 5 cars, garden
Sought after cul de sac in Stoke Poges
Close to Gerrards Cross High Street

Tenure

Freehold

Buyers Premium

Plus Fees

Council Tax Band

G

Additional information


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given i.e. (£50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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Town & Country Property Auctions London
Town & Country Property Auctions London

Unconditional Lot


UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. 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). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges.

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