FOR SALE BY PUBLIC AUCTION ON THURSDAY 12TH DECEMBER AT 3.00PM.

Livestreamed via the Hair & Son website.

Bidding available by telephone, proxy and online.

TENANTED FREEHOLD H.M.O.

A Freehold H.M.O. comprising of 6 x individual rooms, 3 shower rooms and communal kitchen plus a 1 x bed flat with own lounge, kitchen, utility area, shower room and garden. Currently producing an annual income of £31,620 this would increase to £36,480 once the vacant room is let ( based on current L.H.A. rates ). The rents are considered to be below current market value

Ground Floor:
Entrance Hall
Room 1
Room 2
1 x Bed flat with Lounge, Kitchen, Utility Area, Shower Room and Garden
First Floor:
2 x Shower Rooms
Communal Kitchen
Room 4 - with own lounge
Room 5
Second Floor:
Room 6
Room 7
Shower Room and Separate W/c

NB
We are advised that the tenants pay for their own electricity costs as each room is separately metered.

Freehold

We are informed that the seller has made an application to renew the H.M.O. Licence

Tenancy
Room 1: fixed to 12/02/25, Room 4: fixed to 31/04/2025, Room 5: periodic, Room 6: periodic, Room 7: periodic, The flat is on a fixed term until 11/11/2025

House - E Flat - D

Room 1: £405 pcm, Room 4: £350 pcm, Room 5: £400 pcm, Room 6: £400 pcm, Room 7: £405 pcm, Flat: £675 pcm