House of Multiple Occupation
A semi-detached, fully occupied House of Multiple Occupation with two flats and four bedsits. We are informed the accommodation is finished to a high standard and licensed for 11 occupants. Currently let and producing a gross income in excess of £27,000 per annum, the sale provides an excellent opportunity for an investor looking to add to their portfolio.
Original features, a double panel radiator and stairs to first floor.
Main Room: 12'6 x 17'6 (3.81m x 5.33m)
Double glazed bay window to front of the property, radiator, TV point and en-suite access.
En-Suite:
WC, wash basin and bath with shower over. Tiled splash backs and floor. Radiator.
Double glazed window plus double glazed door providing access to the rear garden. A range of wall and base units with complementary work surfaces and tiled walls. Sink with mixer tap over, 5 ring gas hob and oven, plumbing for washing machine. Wall mounted TV and radiator. Tiled flooring.
Lounge: 10'6 x 12'0 (3.20m x 3.66m)
Double glazed window, TV point and radiator.
Kitchen: 5'3 x 8'9 (1.60m x 2.67m)
Range of wall and base units with complementary work surfaces and splash back tiling. 1.5 sink, 4 ring gas hob and oven, plumbing for washing machine. Tiled floor and radiator.
Bedroom: 8'6 x 10'6 (2.59m x 3.20m)
Double glazed window and radiator.
Bathroom:
WC, wash basin and bath with electric shower over. Radiator. Tiled splash backs and floor.
11'7 x 17'6 (3.53m x 5.33m)
Double glazed bay window to the front of the property, TV point, radiator and ensuite access.
En-Suite:
Double glazed window. WC, wash basin and bath with electric shower over. Radiator, tiled splash backs and tiled floor.
14'7 x 15'6 (4.45m x 4.72m)
Double glazed window, TV point, radiator and access to ensuite.
En-Suite Bathroom:
WC, wash basin and bath with electric shower over. Radiator, tiled splash backs and tiled floor.
10'6 x 15'3 (3.20m x 4.65m)
Double glazed picture, TV point, radiator and access to ensuite.
En-Suite Bathroom:
Double glazed window. WC, wash basin and bath with electric shower over. Radiator. Tiled splash backs and floor.
Lounge: 9'9 x 14'6 (2.97m x 4.42m)
Double glazed window to the front, TV point, radiator and storage space in eves. Open plan to kitchen.
Kitchen: 8'3 x 15'4 (2.51m x 4.67m)
Range of wall and base units with complementary work surfaces and splash back tiling. Sink unit with mixer tap, integrated 4 ring electric hob with oven and extractor fan. Space for fridge/freezer and storage space in eves.
Hallway:
Space and plumbing for washing machine.
Bedroom: 10'3 x 11'7 (3.12m x 3.53m)
Double glazed window, TV point, radiator and storage space in eves.
Bathroom:
Double glazed window. WC, wash basin and bath with electric shower over. Tiled splash backs and floor. Radiator
Front Driveway:
Off road parking for 3 vehicles. Walled garden and gate providing access to the rear garden.
Rear Garden:
Walled communal garden, mainly paved.
Freehold. Subject to tenancy.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
