ROI = 0% BMV = 0%
Description

Guide Price £500000. For Sale by unconditional online auction. A combined commercial unit and a separate six-bedroom HMO, strategically located near The Train Station and ASDA. Currently generating an annual rental income of £58680 (see Note) , this property provides excellent returns. The commercial unit is leased to a catering unit until 2029, encompassing the ground floor and basement along with two parking spaces. The HMO above has recently obtained planning permission and holds a valid HMO license. It features six double bedrooms, three ensuites, a separate kitchen, a lounge and downstairs w.c. The rooms are rented to single persons, who are either working or studying locally. To review the legal documents and to view the auction information. Visit our website Homesandsteeple.co.uk Note - One of the bedrooms is being left vacant, during the sales process to allow vendors access.

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Property Details
  • Property ID: 157005890
  • Added On: 2025-01-18
  • Deal Type: For Sale
  • Property Price: £500,000
  • Bedrooms: 6
  • Bathrooms: 1.00
Amenities
  • Commercial + HMO Residential
  • Commercial - Long term tenant £15000p.a HMO 43,000p.a£
  • HMO planning granted + License for 6 Persons
  • Parking for two Vehicles
  • No Chain