9 bedroom House of Multiple Occupation in Derby

300 Uttoxeter New Road, Derby DE22 3LN
  • Lot No: 64
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £435,000+ plus fees

Property Description

DRAFT DETAILS A substantial 9 Bedroom, HMO property situated in a great location close to Derby city centre and University Campus. Full HMO Licence and fully compliant. Finished to a great standard throughout with accommodation over 4 floors. 9 Bedrooms, 9 bathrooms (including two studio apartments) Large communal Kitchen and communal lounge/Snug. Offer fully let with a superb rental income which amounts to circa £57,240 per annum inclusive. The property is in excellent order with modern kitchens and modern bathrooms and tasteful décor. A ready made, low maintenance investment with income from day one and a great letting history. In more detail -

Lower Ground Floor

Large Communal Dining Kitchen


Ground Floor

Hallway Bedroom 1 and Shower Room Bedroom 2 and Shower Room Bedroom 3 and Shower Room Bedroom 4 and Shower Room


First Floor

Landing Communal Lounge / Snug Bedroom 5 and Shower Room Bedroom 6 and Shower Room Bedroom 6 and Shower Room


Second Floor

Landing Studio Flat / Room 8 – Lounge/Kitchen/ Bedroom and Shower Room. Studio Flat / Room 9 – Lounge/Kitchen/ Bedroom and Shower Room


Outside

Gardens to front, side and rear.


Virtual Tour

_https_youtu.be/6B5Sk9TBYDo


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.