House of Multiple Occupation
A fantastic Turn Key 5 bedroom HMO ready to be let.
Potential income of £3,050 per calendar month (£36,600 per annum).
The HMO has been finished to an excellent high standard and is fully compliant with the latest regulations.
It is within walking distance to Derby university, Royal Derby hospital and City Centre.
Additional Information
Parking Arrangements: On street
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Mains gas
Building construction: Solid brick
Flood Risk: Very low
Broadband availability: Standard, Superfast and Ultrafast
Mobile Signal availability: O2, EE, Three and Vodafone
Satellite and Cable TV Availability: BT, Sky and Virgin
With en suite of 2.1 sq.m (Potential to achieve circa £550 per calendar month).
With en suite of 1.8 sq.m and kitchenette (Potential to achieve circa £650 per calendar month).
With en suite of 2.2 sq.m (Potential to achieve circa £550 per calendar month).
With en suite of 2.7 sq.m and kitchenette (Potential to achieve circa £650 per calendar month).
With en suite of 2.1 sq.m and kitchenette (Potential to achieve circa £650 per calendar month).
Freehold. Vacant possession upon completion.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 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.
