House of Multiple Occupation
DRAFT DETAILS
A substantial five bedroom, ALL En-suite , HMO property situated in a great location close to Derby City Centre. Well placed for a wide range of amenities and public transport links.
Full HMO License and fully compliant.
The property has a great letting history and is offered fully let.
Now fully let to students for the 2021- 2022 academic year at £27,000 per annum.
The property is in excellent order and benefits from gas central heating and uPVC double glazing. The kitchens and bathrooms are finished to a high specification and it has tasteful décor and flooring throughout.
A ready made, low maintenance investment with income from day one.
Reception Hallway
Communal Dining Kitchen
Bedroom One with En-suite
Bedroom Two En-suite
Landing
Bedroom Three with En-suite
Bedroom Four with En-suite
Bedroom Five with Ensuite
Small fore garden. Well maintained enclosed rear garden with patio.
Subject to tenancies. Please check the legal documents for further information.
Freehold.
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.
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