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A large extended dwelling arranged as a 6 bedroom (all en-suite & kitchenette) licensed HMO situated directly opposite Watford General Hospital. Let producing on AST's £50,400 pa + £4000 ancillary income.

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Description/Location

The house was extended to the ground and second floors and refurbished throughout in 2019 to create a very spacious, all en-suite HMO. In addition to rent the property generates £3000 pa from smart meters and £1000 pa from a coin operated washing machine. All rooms can use the rear garden, one room has a private rear terrace.

Tenure

Freehold

Local Authority

Watford Borough Council

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Please contact Elliott Network Auctions on 01923 240420

Rent

Current Rent: £50,400 + £4000 pa

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.