Auction House / Notts & Derby

  • For Sale By Unconditional Online Auction
  • Guide Price* : £250,000
  • Auction Ended 22/08/2023

42 Watson Road, Worksop, Nottinghamshire, S80 2BQ

***Guide Price - £250,000***

A fantastic opportunity to purchase a 9 bedroom HMO, situated within walking distance of Worksop Town Centre and offering a wonderful property investment.

Description

***Guide Price - £250,000***

A fantastic opportunity to purchase a 9 bedroom HMO, situated within walking distance of Worksop Town Centre and offering a wonderful property investment.

FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS ON MONDAY 21st AUGUST AT 1PM AND CLOSES TUESDAY 22ND AUGUST FROM 1PM. PLEASE REGISTER TO BID VIA THE AUCTION HOUSE WEBSITE!

A wonderful opportunity to purchase a three-storey, 9 bedroom licenced HMO - with the ability to have upto 16 occupants - which is within walking distance of Worksop Town Centre. The property produced a Gross income of £41,220 for the yearly period ending 5th April 2022. The property currently produces a gross rental income of £3765 PCM (approx. £45,000 per annum) and when fully occupied. The accommodation comprises a communal porch, hallway, stairs and landing and dining kitchen, with 9 bedrooms over the three floors and a bathroom or shower room on each floor. Situated close to very good shops, amenities and transport links, this makes for a very good property investment.

Ground Floor Accommodation
Hallway, Dining Kitchen, Utility Room, Two bedrooms and a Shower Room
First Floor Accommodation
Landing, Four Bedrooms, Bathroom and Separate W.C.
Second Floor Accommodation
Landing, Three Bedrooms and Shower Room
Outside
Garden to the rear. Paved patio. Lawn. Walling and fencing. Fire Exit staircase, leading to the second floor landing.

Tenure: See Legal Pack

EPC Rating: E

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

Buyers Premium is a non-refundable £1200 inc VAT payable on the fall of the virtual gavel.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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* Guide | £250,000
  • 9 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 0115 777 8888 for more information

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.