Property Auctions - bedsits

Auction date: Thu, 23/05/2019 - 13:00

This is a large 6 Bedroom semi-detached HMO style property which is currently producing £19,940pa. Accommodation is over three storeys and provides 6 x bed sit type double rooms each benefiting from double glazing and electric heating. The property is HMO compliant and fully let by way of Assured Shorthold Tenancies at £57.50 per room per week. 

Auction date: Thu, 21/03/2019 - 12:30

A freehold vacant semi-detached property split into five individual bedsits. Each individual bedsit has its own kitchen area and en-suite. Vacant possession upon completion.

Auction date: Thu, 07/02/2019 - 17:00

A substantial detached building comprising 34 letting rooms. The flats have double glazing, gas central heating (not tested) and each have a kitchen area. There is also a communal garden area, lounge, equipped coin operated laundry room, office, and 2 counselling rooms. The building is currently tenanted with 13 individual tenants at a weekly income of £1,015.00. Ideal investment opportunity.

Auction date: Fri, 08/02/2019 - 11:00

Situated in an area popular for letting, these three semi-detached properties will have started life as single family dwellings. For many years the properties have been let on a room-by-room basis, and have provided home and income for the present owners who are selling due to retirement. The present owners’ flat is included. Currently let at £69,576 per annum.

Auction date: Mon, 21/08/2017 - 18:30

Large detached property. 8 bedsits. Generous parking area. Close to city centre. Ideal investment opportunity.

Auction date: Tue, 26/04/2016 - 14:00

Fully refurbished Licenced HMO. Comprises six bedrooms and two shower room/WCs. Carpeted and furnished ready for letting. Previous rents £60–£70 per room per week

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Spacious converted property creating an attractive investment opportunity in the heart of town. Tree lined road, six bedsits, self contained flat, HMO Licence. 

Auction date: Fri, 10/07/2015 - 11:30

Substantial traditional three storey terraced residence, situated within this popular well established area within easy reach of the city centre and local amenities. The property is currently split into six self-contained bedsits and benefiting from gas central heating. We believe that three rooms are currently let on an assured shorthold tenancy, generating £890 per calendar month. (£10,680 per annum). When fully let, the monthly rental income potential is circa £1800 per calendar month (£21,600 per annum). Ideal investment opportunity.

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A Freehold Investment Opportunity currently producing in excess of £32,000 per annum to include all the services. The property comprises of a pair of three storey terraced properties converted to provide 10 letting rooms. One property is currently let to 6 tenants and is fully HMO compliant and licensed. The other property is currently let to 4 tenants and has the potential for an HMO Investment with the use of a further letting room. The property benefits from majority double glazing and central heating. We are advised that all the tenants are male, over 35 and long term. Ideal for investment.

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Formerly a police station, this substantial detached property has been in use for some years as eight bedsits, connected centrally via communal areas such as a lounge and laundry room. It is considered that these communal facilities may themselves offer scope and potential for conversion to form a further residential unit, if required, and subject to all necessary consents being obtainable. Considered ideally suited for continued use as an income-producing investment, alternatively the building occupies a corner plot of 0.08 hectares (0.21 acres), which may have scope for re-development stc.