£90,000 Guide Price
5 Bedroom House For Sale
Balby Road, Doncaster, South Yorkshire DN4
- HMO License: L/N 201900692
- £14,300 Potential Rental Income P.A
- 13% Potential Gross Yield
- 4 Bedrooms + Storage B/Room
- Communal Kitchen & Utility Room
- Cloakroom WC & Shared Bathroom
- Walking Distance of Town Centre
- Excellent Motorway Access
Auction Sale Details
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 Limited.This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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 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 £220.00 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.Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
A fully licensed HMO investment property, (based on 4 bedrooms), conveniently located for Doncaster town centre, motorway access, rail and bus stations. The accommodation is arranged over two floors, briefly comprising: two ground floor bedrooms, communal kitchen, utility room and cloakroom WC. To the first floor, there are two further bedrooms, shared bathroom and small storage bedroom. Outside, there are enclosed gardens to the front and rear. The potential gross rental income per annum is approximately £14,300 (at 100% occupancy).
Storage cupboard, radiator panel; stairs to first floor leading off.
Double uPVC double glazed exterior entry doors, single glazed timber framed entry door with side panels opening into the hallway.
4.01m x 3.02m (13'2" x 9'11") uPVC double glazed French style doors with glazed side panel to the rear elevation, two radiator panels and power points.
3.86m x 3.45m (12'8" x 11'4") uPVC double glazed bay window to the front elevation, radiator panel and power points.
2.99m x 1.45m (9'10" x 4'9") A range of fwall and base units with fitted work-surfaces and breakfast bar, splash-back tiling, gas hob, extractor hood and integrated oven; uPVC double glazed window, open aspect the utility room.
3.91m x 1.50m (12'10" x 4'11") Baseunit with fitted work surface, inset sink with pillar taps, uPVC double glazed window, uPVC double glazed exterior rear entry door, tiled floor and radiator panel.
Cloakroom suite comprising low level WC and wall mounted corner hand wash basin; tiled walls and uPVC double glazed window.
Stairs / Landing
Spindled balustrade rail, power point, loft access.
3.60m x 3.22m (11'10" x 10'7") uPVC double glazed window to the rear elevation, radiator panel and power points.
3.61m x 2.74m (11'10" x 9') uPVC double glazed window to the front elevation, radiator panel and power points.
2.57m x 2.20m (8'5" x 7'3") uPVC double glazed window to the front elevation.
Bathroom suite comprising low level WC, wash basin with vanity cupboard, panelled bath with mixer shower over; uPVC double glazed window, towel radiator, fitted cupboard housing the wall mounted gas boiler.
Wall enclosed, paved with wrought iron access gate.
Enclosed with paved patio area.