**Guide Price £150,000 - £160,000**
This five bedroomed, mid-terraced licenced HMO is situated in a fantastic location, close to Sutton in Ashfield Town Centre and the local amenities, schools and bus station. This property offers an excellent ready-made investment, generating £1850 per month when fully occupied. The property is very well presented throughout.
FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS ON MONDAY 17th JANUARY AT 1PM AND CLOSES TUESDAY 18th JANUARY FROM 1PM. PLEASE REGISTER TO BID VIA THE AUCTION HOUSE WEBSITE!
This is a fantastic opportunity to purchase a 5 bedroom, licenced HMO, generating £1875 per month when fully occupied. The property is in very good condition and is located within walking distance of Sutton in Ashfield Town Centre, schools, bus station and local amenities. There are also great access roads to the A38 and the M1 Motorway. The accommodation comprises an entrance hallway, two ground-floor bedrooms, kitchen, shower room and W.C. to the ground floor, with a further three bedrooms and bathroom to the first floor. Outside, there are gardens to the front and rear. No physical viewings are available, but we have a video viewing by request.
Monthly rent breakdown
Room 1 - £385
Room 2 - £370
Room 3 - £350
Room 4 - £400
Room 5 - £370
Entrance Hallway Stairs to the first floor
Ground Floor Bedroom 14'10 into bay x 11'3 Bay window to the front
Ground Floor Bedroom 14'6 x 7'11 Window to the rear.
Breakfast Kitchen 15'11 x 9'8 A generously-sized fitted kitchen, with window to the side. Door down to the basement.
Shower Room With shower cubicle.
Separate W.C. Low level W.C. Wash hand basin. Window to the side.
First Floor Landing
First Floor Bedroom 17'1 x 11'9 Window to the front.
First Floor Bedroom 14'5 x 10'6 Window to the rear.
First Floor Bedroom 9'9 x 9'9 Window to the rear.
Bathroom Bath with shower over. Wash hand basin. Low level W.C. Window to the side.
Rear Garden Paved patio. Fencing.
Tenure: See Legal Pack
EPC Rating: D with a total floor area of 121 sq. m
Buyer's Premium: £1,200.00
Administration Charge: £1,200.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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