A 3 storey freehold block comprising 11 x bedsit rooms, 1 x common room, 3 x store rooms, 3 x kitchens and 3 x bathrooms. Development potential, vacant.

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Description/Location

The property has planning approval for use as a 12 room HMO and was previously licensed by the local authority. Now requiring refurbishment with potential for a variety of uses or conversion to flats subject to any necessary consents. We estimate the HMO rental value at circa £58,000 pa.

Tenure

Freehold
Council Tax: A
Energy Rating: TBC

Viewing

Please contact HMO Sales on 0800 002 9017.

Accommodation

Ground Floor: Entrance hall and stairs, 4 rooms, kitchen, bathroom, meter cupboard, boiler room. First Floor: Landing with stairs, 3 rooms, double communal room, kitchen, bathroom, store room. Second Floor: Landing with stairs, 4 rooms, kitchen, bathroom, store room. Outside: Gardens, parking, lock up garage.

Virtual Tour

Virtual Tour 1 Infirmary Close

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Legal documents

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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.