6 bedroom House of Multiple Occupation in Derby

1105 London Road, Alvaston, Derby DE24 8QD
  • Lot No: 45
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £225,000+ plus fees

Result Sold Prior to Auction

Property Description

A fully licenced HMO property which has undergone a full scheme of refurbishment and offering six double bedrooms all with the benefit of en-suite facilities. Finished to a high standard throughout. There is also the added benefit of a car parking space to the front of the property and a large paved garden to the rear. When fully let we are advised that the property produces a rental income of £30,600 per annum. The property is currently managed by a dedicated HMO management company who have provided an excellent service. Ongoing management can remain with the company if the buyer requires. The property is in a superb letting location close to the newly opened East Midlands Gateway which houses Amazon, DHL and many more. Plus the property attracts interest from Rolls Royce and Alstom employees which are based within very close proximity. The auctioneers have not inspected the property but believe it to comprise -

Ground Floor:

Reception Hallway Superb Communal Living Kitchen Bedroom One with En suite Bedroom Two with En Suite


First Floor:

Bedroom Three with En Suite Bedroom Four with En Suite Bedroom Five with En Suite Large Utility Area with washing machine and tumble dryer


Attic:

Bedroom Six with En Suite


Outside:

Off road parking to the front and large paved garden to the rear with side street access.


Note:

The photographs illustrating the property have been supplied by the seller. The property is sold subject to tenancy, details of which are to follow.


Tenure

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.