Woodcroft, Harlow
101 Woodcroft, Harlow, CM18 6YA
- 4
Guide Price: *
£285,000
Fees apply
Buyer's fee:1.5% (min. £3,600)
All fees include VAT at 20%
Auction Type:
Traditional
Sold for:
£310,000Bid history
1 bidB
07/11/2023 17:46:42 - £310,000
The lot is to be sold by online auction on Wednesday 11th October at 4:00pm (bidding opens on Wednesday 11th October at 12pm)
Exceptional investment opportunity located in Harlow. This spacious 5-bedroom HMO is currently generating £43,200 per annum gross, inclusive of bills and requires modernisation throughout.
This generously sized 5-bedroom HMO offers ample space for both residents and potential renovations. Each room provides comfortable accommodation, ensuring consistent occupancy and steady rental income.
Located in Harlow, this property takes full advantage of the town's excellent connectivity with major roadways, including the A414 and junction 7 of the M11 motorway. The town also benefits from two mainline train stations, making travel effortless. Tottenham Hale can be reached in a mere 17 minutes, while London Liverpool Street is just a 31-minute journey away.
With the current rental income of £43,200 per annum (inclusive of bills), this property presents a fantastic opportunity to maximise your return on investment. Additionally, the potential for further modernisation can enhance its value and profitability.
While the property requires modernisation throughout, this presents a unique opportunity for those looking to add their personal touch and increase its market value. Customise the space to meet the needs and preferences of future tenants.
The property is already licensed, saving you time and effort in navigating the regulatory requirements for HMOs in Harlow
Accommodation
The property consists of: Entrance Hall, Reception Room, Kitchen, 3 Bedrooms and a Shower Room on the Ground Floor and 2 Bedrooms, Dressing Area, Shower Room and Bathroom on the First Floor
Viewings
To book a viewing please contact our joint auctioneers Reyland Johnson Estate Agents on 01279 216 216
Auction Details
Please note that a Buyer’s Premium of 1.25%+VAT of the purchase price is to be paid by the successful Buyer subject to a minimum fee of £3,000+VAT.
Summary
- Lot number
- 11
- Auction end
- 7th Nov at 17:50
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 5+
- Bathrooms
- 3+
- Council tax band
- Ask Agent
Summary
- Lot number
- 11
- Auction end
- 7th Nov at 17:50
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 5+
- Bathrooms
- 3+
- Council tax band
- Ask Agent
This property is being sold by:
My Auction
0207 101 4868
19 Berkeley Street, London W1J 8ED
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and My Auction Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
Refreshing the Page
To make sure that you are seeing the latest information for the property, we recommend you refresh the page. This ensures you're seeing live information and not stored (cached) data. If the page disconnects from the Internet, refreshing the page will show the latest information.
Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by My Auction Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
