Milton Street, Southend-on-Sea, Essex, SS2 Property for sale

Investment Opportunity - 5 Bedroom HMO Potential (No Chain)

Offered for sale with no onward chain, this substantial five-bedroom property presents an excelled opportunity for investors seeking

a potential House of Multiple Occupation (HMO), subject to the necessary consents and licencing requirements. This property also boasts great potential as a large family home with its 4 bedrooms and 4 bathrooms

Ideally located in the city centre, the property is within easy walking distance of Southend Victoria Station, providing excellent transport links for commuters and tenants alike, as well as convenient access to local shops, restaurants, and amenities.

The spacious accommodation includes five well-proportioned bedrooms, four bathrooms, and a lengthy open-plan kitchen/dining room, creating a practical communal living space ideal for shared occupancy. The versatile layout offers strong potential for rental income while also appealing to buyers looking for a large family home.

An early viewing is highly recommended to appreciate the size, location, and investment potential this property has to offer.

Auctioneer Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.

This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this

pack. The buyer will also make payment of £349 inc. VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.