Please refer to Auctioneer.

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A well presented semi detached house arranged as a 7 room licensed HMO, let producing £29,900pa.

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Description/Location

Situated in a sought after residential road with access to the town centre. Retford station 0.6 miles. The HMO licence was issued by Bassetlaw District Council on 04/08/2014. There are 7 letting rooms, currently rooms 1 & 4 produce £65pw, room 2 £110pw and rooms 3 & 5 both produce £90pw, room 6 produces £60pw and room 7 produces £95pw equivalent to a combined annual rent of £29,900. The property provides modern fixtures and décor.

Tenure

Freehold

Local Authority

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Entrance hall, large kitchen/common room, bedroom, utility room, bathroom/wc. First Floor: 4 bedrooms, bathroom. Second Floor: 2 bedrooms, bathroom. Outside: Gardens, front and rear.

Rent

Current Rental Value : £29,900pa

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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.