Property Auctions - HMO property for auction

Auction date: Wed, 17/04/2024 - 17:30

A Freehold end of terrace property ( 2701 Sq Ft ) that has been extended and professionally configured to create a 13 bedroom | 4 bathroom fully licensed HMO. The property is let to students for the 2023 / 2024 academic year producing a gross income of £145,340 pa ( Inclusive of utilities costs ). The listing for the 2024 / 2025 academic year is shortly to be released quoting £148,340 pa

Auction date: Wed, 27/03/2024 - 17:00

Freehold. Substantial seven bedroom House of Multiple Occupation (HMO) within a popular residential location. Ideal investment opportunity.

Auction date: Thu, 21/03/2024 - 18:00

A substantial detached building measuring approx. 1673sq ft. Previously arranged as a place of worship with rear court yard. Full planning consent has been granted for a change of use of a place of worship (Class F) to a ten-bedroom House in Multiple Occupancy (Sui Generis), subject to agreement of conditions. Once fully let, the auctioneers would anticipate a rental in the excess of £84,000pa.

Auction date: Wed, 28/02/2024 - 10:00

A substantial semi detached grade II listed property on a site measuring approximately 0.22 Hectares (0.54 Acres). Situated within a sought after residential location the property comprises a former 14 bedroom care home / HMO extending to approximately 400 Sq M (4,305 Sq Ft) and now in need of a program of refurbishment works. The property may lend itself to conversion into either a single residential dwelling or alternatively a handful of individual apartments, subject to consent. The wider plot also offers potential for additional development, subject to planning approval.

Auction date: Wed, 13/12/2023 - 12:00

A mid terrace property comprising a three‐storey building with a retail unit and kitchen on ground floor, and 10 en‐suite letting bedrooms arranged over ground, first and second floor. The property totals approximately 213 sqm (2,300sqft). PRODUCING £76,000 p.a.

Auction date: Wed, 22/11/2023 - 19:00

FREEHOLD sale *Business unaffected* | Historic town centre location. Grade II listed building | Current licenced HMO with strong rental return | Further potential subject to appropriate planning approvals | Commercial area on ground floor 76m2 | Six En-suite Bedrooms on first and second floors 166m2 | Separate street access to upper floors | Presented in good order throughout. The gross income for the building is approximately £35,609 per annum.

Auction date: Wed, 25/10/2023 - 12:00

An opportunity to purchase a substantial three storey mid terraced house converted into 5 flats benefiting from a full current HMO licence. The current annual income being generated is a gross annual rent of £32,160 per annum, with potential for an uplift in rents up to market rent which would provide a very attractive yield.

Auction date: Wed, 18/10/2023 - 09:00

This five bedroom, licensed HMO, will appeal to investors hunting for a high yield. Each bedroom has its own shower room, useful storage and there is a generous communal living/dining/kitchen area. The property is now vacant and would benefit from clearance, cleaning and general maintenance.

Auction date: Wed, 16/08/2023 - 10:00

This four bedroom through terrace holds a current HMO license and will make a good addition to a portfolio. Although there is a central heating system and double glazing throughout, the property requires updating and some buyers may even look to reconfigure the accommodation.

Auction date: Thu, 13/07/2023 - 15:00

An inner terraced property let as a house in multiple occupation (HMO) but not requiring a licence the property, currently partially let and will generate an annual gross income of £24,600 when fully let for 9.84% gross return on the guide price. The property has been well maintained, but could be further enhanced and therefore provide additional opportunities for increased rental income and yield.