A conveniently located former 7 bedroom HMO investment in a central location which previously generated an income of £46,585. Internally the property boasts double bedrooms throughout and the accomodation spans across 4 levels. The property features external fire escapes on the first three levels with an external stairwell servicing the property.

Agents Notes:
- The airspace above the fire escape for 8 Wells Road is not owned by the property and is leased
- There is no direct access to the rear of the property without access through the MOT centre situated on Angel Place. Please note that legally access has to be granted for essential works.
- There is a basement level to the property which cannot be seen on the particulars, but can be inspected by a surveyor.

Auctioneers Comments:
This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28 days. The buyer
pays a 10% (of the purchase price) Non-Refundable Deposit on exchange. Interested parties’ personal data will be shared
with the Auctioneer (iamsold Ltd).
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the
most recent information on the Buyer Information Pack fee, please contact the iamsold team.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.