104-108 Wallgate, Wigan WN3 4AB

The Green, St John Street

  • sqft
  • Parking
The Green, St John Street
SALE

This property is for sale by Online Conditional Auction. Newly Built HMO Property with a potential income of £8,150pcm (9.8% gross yield).

 

Property Features
  • 10-year NHBC warranty
  • Band ‘B’ Energy Ratings
  • Gas central heating
  • Panoramic CCTV enabling for all round security
  • Smart TV connection point
  • Wet Rooms
  • Disabled Access WC in Ground Floor Flats
  • Could be used as Retail on Ground Floor
  • Potential Income of £8,150pcm (9.8% gross yield)
  • 19 bedrooms & 12 bathrooms

 

Property Description

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of SDL Auctions

Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions

‘The Green’ is a unique development of four traditionally built properties presented as HMO’s with a potential income of £8,150 pcm (9.8% gross yield).

Situated close to Pemberton Village Centre, which has a mixture of old and new residential and commercial properties and with free public carparking on hand, making this a great location for both business and residence. The properties have convenient access to all local amenities including the local motorway network – the M6/M58 junction being just a 5-minute drive away as well as easy access to the North Wests Motorway network including the M61, M55, M62 etc., and Pemberton Station is circa 1 mile away providing regular rail links to Liverpool, Wigan, and beyond.

The properties are finished to a high specification.

 

Specifications

  • Spacious balcony to one bedroom
  • Roof lights/windows in master bedroom
  • Full Category 6 cabling throughout to provide high speed internet connectivity anywhere in the property
  • Panoramic CCTV enabling for all round security and peace of mind
  • Wired fire alarm and smoke detectors
  • Security alarm providing remote monitoring
  • Smart TV connection point
  • Gas central heating
  • Pre-wired and plumbed for separate services connection to commercial area if required.
  • 10-year NHBC warranty
  • Band ‘B’ Energy Ratings
  • Each property is spread over three floors. The ground floor could be offered as commercial space and is approved for Class B1 business use or could be a studio apartment with kitchenette area, understairs storage and disabled access wet room. With a further 3 bedrooms in No1 St John Street and 4 bedrooms in No’s 3, 5 & 7.
  • Each property has a dining/kitchen with a range of base and wall units also space for fridge/freezer and washing machine. Some properties have utility rooms with W.C. that have the potential to be converted into En-suites. One bedroom in each property also has its own balcony giving some outside space.
  • There is also a separate lockable unit for each property providing extra storage.
  • Air Testing currently being undertaken then EPC will be instructed.
  • Construction to be completed in January 2019

 

Tenure
See Legal Pack

 

Conditions of Sale

The Conditions of Sale will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.

 

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.

 

Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.

 

Conditional Online Auction Procedure

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online-auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

//online.sdlauctions.co.uk/lot/details/8751

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and have 56 days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 56 day reservation period, the seller is not able to accept other offers.

The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT or 4.2% Inc VAT in London, subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.

//online.sdlauctions.co.uk/lot/details/8751

//www.rightmove.co.uk/property-for-sale/property-77309417.html

For more information or to arrange a viewing, please contact us