Property Auctions - 5 room

Auction date: Tue, 25/04/2017 - 18:30

An end of terrace of 4 properties presented in good order situated in an established residential area of similar style properties which may be of interest to the investor presently let as a 5 bedroom HMO at £60 a room per week, giving the potential of £15,600 a year with full occupancy with an approximate yield of 15.6%.

Auction date: Thu, 16/03/2017 - 17:00

A mid terrace property with stone elevations to the front. The property has been refurbished and improved and now provides accommodation as an HMO meeting current regulations with five letting rooms, each having a tea stand. The tenants also have the use of a communal kitchen and two full bathrooms. The rooms are let on Assured Shorthold Tenancies at a total annual income of £17,160 pa. Ideal investment opportunity.

Auction date: Thu, 02/02/2017 - 17:00

A five room licenced HMO situated in a popular area. The property has been well maintained and benefits from UPVC double glazing, gas central heating (not tested) and has generous accommodation over two floors. Ideal for either use as a private rental property or student let, and also has potential to convert into two flats or a family home (subject to necessary planning consents). Two rooms currently let on an Assured Shorthold Tenancy at £580 pcm (£6,960 pa). The building when fully let would be approximately £12,000 pa.

Auction date: Tue, 13/12/2016 - 11:00

A five room self-contained maisonette with own side access on two upper floors of an end of terraced property above a commercial unit. Offered vacant for improvement. Ideal for investment.

Auction date: Tue, 13/12/2016 - 11:00

A five room split-level maisonette situated above a shop. Offred vacant for improvement/modernisation. Ideal for investment.

Auction date: Thu, 15/12/2016 - 13:00

A substantial three storey mid terrace property which has previously been utilised as a five letting room venture in this most convenient of locations and is now being sold with vacant possession. Whilst already a sizeable single dwelling the property would also, subject to any requisite consents, lend itself to subdivision into apartments, or HMO usage stpp. Ideal for investment.

Auction date: Thu, 13/10/2016 - 13:00

 A five room property, which has Gas Fired Central Heating and Double Glazing (no equipment tested). Outside there is a Garden (60ft approx.) and a Garden Building (17ft x 13ft 9in). To the front there is Parking. Let on Licence agreements ranging from £270 to £460 per month. Thus, when fully let, at present producing £21,600 pa. Ideal investment opportunity.

Auction date:

A freehold two floor detached house arranged to provide five bedsit rooms and ancillary accommodation. Ideal investment – producing £37,479.35 per annum (one room vacant).

Auction date: Tue, 28/06/2016 - 11:00

This property is divided into two separate units. One is currently vacant but was let as five individual letting rooms producing £1,500 per calendar month (£18,000 per annum). The other is currently let at £344 per calendar month. Therefore the total potential income is over £22,000 per annum for the two properties. Both properties are in need of updating although most windows are double glazed. Located close to the town centre, this property is potentially an excellent investment opportunity.

Auction date: Mon, 23/05/2016 - 11:00

A vehicle repair workshop and MOT Centre together with a two storey five room house and advertising hoarding. The workshop and house are let on a repairing and insuring lease at a rent of £525.72 per week. Th advertising hoarding is let at a rent of £1,000 p.a. Currently producing a total income of £28,337.44 p.a. Planning permission has been granted for demolition of existing MOT building and construction of three storey building to form 3 x 2-bed self-contained flats. Ideal for investors, developers, and builders.