26 Thorold Street, Boston

Guide Price
£135,000
For Sale
1/10
Guide Price
£135,000
For Sale
Davis Gurton
Branch Manager
01205 359111
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Property summary

Freehold
Modern Method Of Auction - T & C's Apply
Reservation Fee Payable
5 Bedroom HMO, Rear Garden
Investment Opportunity
£22,620 Potential Gross Yield
Council Approved And Correctly Licenced
Spacious Rooms, Kitchen
Sold With Tenants In Situ
EPC Rating - E, Council Tax Band - C

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Davis Gurton
Branch Manager
01205 359111

More about the property

Modern Method of Auction – T & Cs Apply ***FIVE BED HMO***

Pygott and Crone are delighted to market this brilliant investment HMO located within the heart of Boston Town Centre generating a potential gross annual income of £22,620.

The accommodation internally briefly comprises: Entrance Hall, two Double Bedrooms, Lounge Diner, Kitchen Shower Room and Guest Bedroom to the Ground Floor. To the first floor there are two further Double Bedrooms, a Single Bedroom and a shower Room.

To the rear a garden can be found.

Agent’s Note:- We have been advised by the current owner that £110 is being achieved for Bedroom 1, Bedrooms 2-4 are rented out for £85 and Bedroom 5 is rented out for £70.

Further information available on request.

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Your mortgage could be £620 per month*
Mortgage
Rate
Term
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* Our mortgage calculator is only intended as a guide to help you calculate monthly mortgage payments based on the variable details entered (mortgage amount, interest rate, term). Buying a property is a significant event in any person’s life and it always makes sense to take some mortgage advice. Pygott & Crone offer a free initial consultation on a very personal basis, and can help you through the process of getting a mortgage, arranging insurance for your property and setting out other important options for consideration. Talk to us about your options

Property documents

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Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 16 Mbps / Upload: 1 Mbps or less
Superfast: Download: 60 Mbps / Upload: 16 Mbps
Ultrafast: Not Available

Accommodation

BUYING CONDITIONS
This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, Iamsold.  This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.  The Reservation 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 INFORMATION PACK
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.  This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.  The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Entrance Porch
Hall
Living Room Diner
3.81 x 3.18m
Kitchen
3.28 x 3.02m
Downstairs Shower Room
1.65 x 1.42m
Unassigned
3.84 x 2.74m
Bedroom 3
4.29 x 3.94m
Bedroom 4
4.22 x 3.35m
First Floor Landing
Bedroom 1
5.21 x 3.58m
Bedroom 2
4.24 x 3.43m
Bedroom 5
4.34 x 1.98m
Shower Room
3.02 x 2.08m
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