- Let for 25/26 for £35,100 p/a EXC bills! +
- Very popular student location +
- On the bus route to the Universities +
- Licensed HMO +
- Good condition throughout +
- History of letting to students +
- Buyers fee payable at auction +
House of Multiple Occupation
The property is for sale through Nicholas Humphreys partner auction agent, SDL Auctions, part of Eddisons.
Property Description:
A substantial 5 bedroom HMO property situated in a desirable letting location.
The property is in excellent order throughout with gas central heating and UPVC double glazing along with modern kitchen and bathrooms and tasteful decor.
The property has a valid HMO license.
Well placed close to local amenities, Platts Field Park and within close proximity of the University.
Offered fully let and with the benefit of already being let for the following academic year.
Current rental income - £2,708.35 per month, £32,500.00 per year (exclusive of bills)
Rental Income Agree for 2025-2026 - £2,923.00 per month, £35,100.00 per year (exclusive of bills)
A great investment in highly sought after location with income from day one.
Ground Floor
Entrance Hall
Bedroom One 11ft 5 x 15ft 5 (3.5m x 4.7m)
Bedroom Two 9ft 6 x 13ft 9 (2.9m x 4.2m)
Kitchen / Diner 23ft 7 x 9ft 10 (7.2m x 3m)
First Floor
Bedroom Three 9ft 10 x 8ft 2 (3m x 2.5m)
Bedroom Four 12ft 1 x 9ft 6 (3.7m x 2.9m)
Bedroom Five 12ft 1 x 14ft 9 (3.7m x 4.5m)
Ensuite
Bathroom 5ft 2 x 7ft 2 (1.6m x 2.2m)
Outside
Small garden to front and enclosed garden to the rear.
Mobile Phone Coverage
O2, EE, Three and Vodafone are available in this location.
Satellite and Cable TV Availability
BT and Sky are available in this location.
Broadband (estimated speeds)
Standard 12 mbps. Superfast 76 mbps, Ultrafast 1000 mbps.
Construction Material
Cavity wall, as built, no insulation (assumed). Information taken from EPC.
Note
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Tenure:
Freehold. Subject to tenancy.
Utilities Information
- Heating Supply: Double Glazing, Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Parking Arrangements
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 2.4% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
EPC rating: E.
