Lot 12 - 75 Bold Street, Fleetwood, Lancashire, FY7 6HL

  • Unconditional Online Auction Sale
  • Guide Price* : £225,000
  • Bedrooms: 6
  • Bathrooms: 6
  • Reception Rooms: 1

Tenanted 6 bedroom, all en-suite HMO producing £35,820 per annum.

Description

• Mid-terrace house
• 6 Bedroom, all en-suite HMO
• Tenanted with rental income of £35,820 per annum
• Representing a 15.9% yield on guide price
• Prime location for tenant demand: Close to Fleetwood Nautical College and the town centre, this property appeals to both students and young professionals.

Location

Bold Street is well-positioned near the town centre and local amenities. Located within a 5-minute drive of the Fleetwood Nautical College and Freeport Outlet Village; it is well-positioned near the town centre and local amenities

HMO Compliance

HMO Compliance Documents:

- HMO Licence
- EPC
- EICR
- Gas Safety Certificate
- Emergency lighting certificate
- Fire risk assessment

Additional information can be found in the legal pack

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground En-suite HMO room with shared kitchen and reception room Subject to 6 month AST starting from 24th June 2024 £6,000
2 Ground En-suite HMO room with shared kitchen and reception room Subject to 6 month AST starting from 29th January 2025 £6,000
3 First En-suite HMO room with shared kitchen and reception room Subject to 6 month AST starting from 14th February 2025 £5,820
4 First En-suite HMO room with shared kitchen and reception room Subject to 6 month AST starting from 5th June 2025 £6,000
5 First En-suite HMO room with shared kitchen and reception room Subject to 6 month AST starting from 17th February 2025 £6,000
6 Second En-suite HMO room with shared kitchen and reception room Subject to a 6 month AST starting from 19th April 2024 £6,000

Vendors Solicitor
Sean Daly
0161 865 2673

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). This is not necessarily a figure which a property will sell for and may change at any time prior to the auction. Every property will be offered subject to a Reserve Price (this is the sellers minimum expectation) which will be set within either a Guide Range or no more than 10% above a single figure Guide Price.

The Buyers Administration Fee of £1,500 (inclusive of VAT) is a separate charge payable in addition to the price a Lot sells for. In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, HMO X Auctions must hold a minimum amount from all bidders. This participation amount and administration fee are fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (which forms part of your 10% deposit payment) and the buyers administration fee of £1,500 (inclusive of VAT).

Please note that Lots may be sold or withdrawn prior to auction without prior notice.

Any information provided by HMO X Auctions or the seller, whether in writing or orally, does not constitute a representation, condition, or warranty. The information given is for illustrative purposes only and should not be considered as fact. Any mistakes, omissions, inaccuracies, or mis-descriptions in the information provided will not give rise to any legal action or compensation against HMO X Auctions or the seller.

All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of HMO X Auctions or the seller.

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Vendors Solicitor

Sean Daly
0161 865 2673

Agreement Documents

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