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This spacious four-bedroom terraced home presents an exciting opportunity for investors and owner-occupiers alike, offered For Sale by Modern Method of Auction. Currently configured as a five-bedroom HMO, the property offers the potential to achieve a rental yield in excess of 12%, making it an attractive addition to any investment portfolio. Equally, with minimal adaptation, it could be transformed back into a generous family home, making it an excellent option for first-time buyers seeking versatile accommodation.
The property is accessed via a welcoming entrance hall, providing access to the ground floor accommodation. The well-proportioned kitchen offers ample storage and workspace, while the adjoining utility room provides additional practicality for laundry and household appliances. To the rear of the property is a spacious lounge, which is currently utilised as a fifth bedroom in line with the property's existing HMO setup, demonstrating the flexibility of the accommodation.
The first floor comprises four well-sized bedrooms, each offering comfortable living space with plenty of natural light. Completing the accommodation is a modern shower room and a separate WC, providing added convenience for larger households or multiple occupants.
Whether you're looking to expand your investment portfolio with a property already configured for strong rental returns or searching for a spacious home with adaptable living arrangements, this terraced house offers excellent potential in a sought-after Suffolk location.
Situated in the thriving market town of Haverhill, this property benefits from a fantastic range of local amenities and excellent transport connections, making it a popular choice for families, professionals, and investors alike. Haverhill offers a variety of supermarkets, independent shops, cafés, restaurants, leisure facilities, healthcare services, and well-regarded schools, ensuring everything needed for day-to-day living is close at hand.
The town has a rich industrial heritage while continuing to grow with modern developments and community facilities. Residents can enjoy a range of recreational opportunities, including the East Town Park, which features open green spaces, children's play areas, walking trails, and picnic spots. The nearby Haverhill Arts Centre hosts a year-round programme of live entertainment, cinema screenings, comedy, music, and community events.
For those who enjoy staying active, the town offers excellent leisure facilities, including gyms, sports clubs, swimming facilities, and the popular Haverhill Golf Club. The surrounding Suffolk countryside provides numerous walking and cycling routes, allowing residents to enjoy the area's beautiful rural landscapes.
Haverhill is ideally positioned for commuters, with convenient road links to the nearby cities of Cambridge, approximately 18 miles away, and Bury St Edmunds, both offering an extensive range of shopping, dining, cultural attractions, and mainline rail services. The town's location also provides easy access to the A11, M11, and surrounding East Anglian towns, making it an excellent base for both work and leisure.
Combining strong local amenities, excellent connectivity, green open spaces, and ongoing investment in the area, Haverhill continues to attract homeowners and tenants alike, further enhancing the appeal of this versatile property.
AUCTIONEER'S COMMENTS
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay ÂŁ349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of ÂŁ6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.