6 bedroom Mid Terrace House for sale, Wolverhampton, West Midlands, WV2

Upper Villiers Street

2
6
2

6 bedroom Mid Terrace House for sale, Wolverhampton, West Midlands, WV2

Upper Villiers Street

2
6
2
Tenure: Freehold
  • LICENSED HMO
  • FREEHOLD AND EPC RATED E
  • CITY OF WOLVERHAMPTON COUNCIL TAX BAND A
  • FOR SALE BY THE MODERN METHOD OF AUCTION
  • TERMS AND CONDITIONS AND FEES APPLY
  • SUBJECT TO AN UNDISCLOSED RESERVE
  • SIX VERY LARGE BEDROOMS
  • LOUNGE
  • FITTED KITCHEN
  • TWO BATHROOMS AND TWO WCs
  • FRONT COURTYARD AND REAR GARDEN
  • VACANT POSSESSION
  • EXTENSION POSSIBILITIES TO REAR
  • HIGH YIELDS ACHIEVABLE
  • CONVENIENT LOCATION
  • LOCAL SHOPS AND AMENITIES
  • COULD ALSO BE USED AS LARGE FAMILY HOME
  • VIEWING ESSENTIAL

LICENSED SIX-BEDROOM HMO/LARGE FAMILY HOME

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FREEHOLD. EC RATED E. CITY OF WOLVERHAMPTON COUNCIL TAX BAND A. For sale by the modern method of auction and offered with vacant possession, this is a licensed six bedroom HMO, with potential for further extension or use as a large family home. The accommodation comprises a lounge, fitted kitchen, six very large bedrooms, two bathrooms and two WCs, with a garden to rear. This a perfect property for investors seeking a generous return on an H.M.O licensed period property. Potential yields in excess of 12% are obtainable, based on a conservative level of rent, and this could be readily improved. Alternatively, this property may appeal to a family looking for a large home in a convenient location close to popular schools. Early viewing is essential to avoid disappointment.The location could hardly be more convenient with a host of shops, businesses, and places of worship within a few minutes' walk. There are also doctor's and dentists surgeries within the vicinity and excellent public transport links. The city centre is within a mile. 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 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 £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. 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.

Picture Room Measurements Notes
Entrance PorchUnmeasuredWith entrance door and door to hallway.
Entrance Hall5.00m x 0.91m (16'5" x 3')With stairs rising to first-floor accommodation, and doors to lounge and to bedroom one.
Bedroom 14.88m x 3.60m (16'0" x 11'10")With double-glazed bay window to front.
Lounge3.86m x 3.86m (12'8" x 12'8")With double-glazed window to rear and door to rear lobby.
Rear Lobby2.64m x 1.37m (8'8" x 4'6")With door to cellar, door to passageway to front of property, door to garden, and door to kitchen.
Kitchen3.56m x 3.02m (11'8" x 9'11")With double-glazed window to side, door to rear hall, and fitted with a range of wall and base units with complementary work-surfaces and tiled splash-backs, inset sink drainer, electric fan oven, gas hob, extractor, and plumbing and space for further appliances.
Rear Hall1.63m x 1.07m (5'4" x 3'6")With doors to WC and bathroom and having double-glazed window to side.
WC1.14m x 1.07m (3'9" x 3'6")With low-level flush WC.
Bathroom1.90m x 1.80m (6'3" x 5'11")With double-glazed window to rear, two piece bathroom suite, tiled splash-backs, and having an airing cupboard.
First-Floor Accommodation
Bedroom 23.89m x 3.86m (12'9" x 12'8")With double-glazed window to front.
Bedroom 33.96m x 3.63m (13' x 11'11")With double-glazed window to rear.
Bathroom2.40m x 1.65m (7'10" x 5'5")With obscured double-glazed window to front and two-piece bathroom suite with tiled splash-backs.
WC1.68m x 0.91m (5'6" x 3')With obscured double-glazed window to front and low-level flush WC.
StoreUnmeasuredA large walk-in store with potential to make into a shower room.
Second-Floor Accommodation
Bedroom 43.89m x 3.86m (12'9" x 12'8")With double-glazed window to front and skylight.
Bedroom 54.00m x 3.30m (13'1" x 10'10")With double-glaxed window to front and skylight.
Bedroom 63.63m x 3.50m (11'11" x 11'6")With double-glazed window to rear and skylight.
OutsideThere is a small courtyard with dwarf walll to the front of the property, while to the rear is a generous enclosed rear garden with part-fenced boundaries.
SummaryFREEHOLD. EC RATED E. CITY OF WOLVERHAMPTON COUNCIL TAX BAND A. For sale by the modern method of auction and offered with vacant possession, this is a licensed six bedroom HMO, with potential for further extension or use as a large family home. The accommodation comprises a lounge, fitted kitchen, six very large bedrooms, two bathrooms and two WCs, with a garden to rear.This a perfect property for investors seeking a generous return on an H.M.O licensed period property. Potential yields in excess of 12% are obtainable, based on a conservative level of rent, and this could be readily improved. Alternatively, this property may appeal to a family looking for a large home in a convenient location close to popular schools. Early viewing is essential to avoid disappointment.The location could hardly be more convenient with a host of shops, businesses, and places of worship within a few minutes' walk. There are also doctor's and dentists surgeries within the vicinity and excellent public transport links. The city centre is within a mile.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 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 £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.Referral ArrangementsThe 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.

IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

54

Potential

77

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

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