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Ten Bed HMO (House in Multiple Occupation) – Potential To Produce £52,000 pa
Substantial two/three storey period house providing accommodation over four floors with gardens to the front and rear. The house has been converted to a HMO and now provides ten bedrooms (four ensuite). The house is fitted with gas central heating. Accommodation: Briefly comprises; Ground Floor – Entrance hall, front bedroom 1, lounge / dining room, kitchen, utility (conservatory) First Floor – Bedroom 2, bedroom 3 (ensuite), bedroom 4 (ensuite) and bathroom with 4-piece suite. Second Floor – Bedrooms 5, 6 & 7 plus shower room. Basement – Bedrooms 8 & 9 (both ensuite) and bedroom 10. Tenancies: We have been informed that the house is part let with three tenants in-situ paying a rent of £100 per week. When fully let the house has the potential to produce a gross income of £52,000 pa Location: Between Trinity Street (A640) and Edgerton Road (A629), approximately 400 m north west of Huddersfield centre and convenient for Huddersfield train station and University. Tenure: Long Leasehold Title number: WYK539959 Length of Lease/Term: 999 years from 25 March 1886 Ground Rent : £4.12s.6d Service Charge: £ Council Tax Band : E Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Energy Efficiency Rating (EPC)
Current Rating E
Knights LLP, Ref: Knights LLP, Tel: 01932 590500
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.
Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.