For Sale By Auction | 12:00, 12 December 2018 | Lot 43

153-155 Lincoln Road, Peterborough, Cambridgeshire, PE1 2PW

Sold £750,000

  • Terraced House
  • 25 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 12/12/2018

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Pair of Mid Terrace Buildings Arranged as a Twenty-Five Bedroom Licenced HMO. Offered with Vacant Possession. ERV Fully Let Circa £150,000 per annum

The property comprises a 25 bedroom HMO within a pair of adjacent mid terrace buildings arranged over ground and two upper floors. The property requires a program of refurbishment but is a fully licenced HMO (valid until February 2022).

Tenure

Freehold

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Location

The property is situated on a mixed use road close to local shops and amenities and less than a mile from the city centre. The open spaces of Central Park are a short walk away. Transport links are provided by Peterborough rail station.

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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.