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A Five Bedroom End of Terrace HMO Fully Let Producing £31,616 Per Annum. There is Potential to Create a Sixth Letting Room (Subject to Obtaining all Necessary Consents)
The property comprises a five room end of terrace HMO arranged over ground and first floors. Plans have been drawn up for the erection of a three bedroom house to the side. No planning application has been submitted for this scheme. Drawings of the proposed plans are available for inspection. Auction House London make no representations or warranties with regard to this scheme and/or the validity of the aforementioned plans. Buyers must rely on their own enquiries with regard to any development potential, permissions required and any previous planning history in respect of this site.
Tenure
Freehold
Accommodation
Ground Floor One Letting Room Reception Room Kitchen Bathroom First Floor Four Letting Rooms Bathroom
Exterior
The property benefits from side and rear gardens.
Tenancy
The property is let on 5 individual tenancies producing a combined income of £31,616 per annum.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.