PROPERTY SOLD

FOR SALE BY AUCTION: terms and conditions apply.

We are pleased to offer to auction this 5 bed HMO. The property is split over two floors with two bedrooms on the ground floor as well as a communal kitchen and dinning/living space, to the first floor are three additional en suite bedroom and a further bathroom. The current owner undertook significant renovations in 2018 and again in March 2022 ensure it is compliant with all the necessary regulations up to date copies can be found in the legal pack.
Being offered for sale fully tenanted the property is currently generation over approximately £25,700 per annum and offers any investor or landlord a turn key house to add to their portfolio, there is also a management company in place that looks after cleaning and tenant handovers, this truly is a hands off investment.

Please note we have not inspected this property.

FOR SALE BY AUCTION: terms and conditions apply.

We are pleased to offer for sale via online auction this excellent investment opportunity to purchase a two bedroom ground floor flat and a three bedroom duplex located in West Rhyl. The properties are to be sold with long term tenants in situ.

Flat 1 – Ground Floor with access to rear garden. Comprising of living room, kitchen/diner, bathroom and two bedrooms. With gas central heating. Long term tenant currently paying £80 per week.
Flat 2 – Duplex flat over two floors. Comprising of living room, kitchen/diner, bathroom, separate toilet, study area, three bedrooms. This tenant has use of the front garden. With gas central heating. Long term tenant paying £100 per week.

Both properties are installed with gas central heating boilers and radiators. Each flat has it’s own meters, and credit for the electric meters is accessed via cards. All utilities are payable by the tenants, however the landlord is responsible for the communal electricity bill for the lights.

Flats are fitted with hard wired smoke alarms and battery back ups, with CO alarms and fire blankets in kitchens.

Currently this property is not registered with Denbighshire Council as a HMO. Advice should be sought from the local authority regarding HMO selective licencing scheme and Rent Smart Wales.

FREEHOLD. NO CHAIN.

Please note we have not inspected this site.