Property Auctions - HMO property

Auction date: Wed, 31/01/2024 - 10:00

High Yielding Investment Opportunity - This converted terrace is fully let and currently generates an income of £38,545 per annum. This equates to a return of more than 16% based on the guide price. The property is configured as 4 x studios and 2 x flats, to the lower ground and top floor. Two of the units are separately metered and the remainder are let 'inclusive of bills'. A new owner will be able to make changes to this arrangement if they wish. Please refer to the auctioneer's legal pack for a breakdown of rents and a full set of tenancy agreements.

Auction date: Thu, 14/12/2023 - 18:00

A spacious 6-bedroom HMO that is fully-let producing a gross annual income of circa £37,099 per annum (including solar panel income). This end of terrace property occupies a generous corner plot with off-street parking for several vehicles and wrap around gardens. The house would benefit from some cosmetic updating and offers scope to increase the rental income. A superb opportunity for HMO investors.

Auction date: Thu, 14/12/2023 - 12:00

A detached building comprising a 5 Bed HMO with shared communal facilities: Ground Floor: 3 Bedrooms, Kitchen, Communal Lounge, Shower Room, WC. First Floor: 2 Bedrooms, Bathroom/WC. Producing £27,420 per annum.

Auction date: Wed, 13/12/2023 - 08:00

A Mid Terrace House arranged as a Four Bedroom HMO Let on a 7 Year Lease to Government Backed Housing Provider. Total Current Rent £13,836.

Auction date: Thu, 14/12/2023 - 12:00

CASH BUYERS ONLY. A substantial stone built house offering huge potential and a variety of uses, HMO/Redevelopment opportunity to self-contained flats (STPP), or alternatively, a blank canvas for owner occupier for their 'own stamp' on the property to turn into a substantial family home.

Auction date: Wed, 01/11/2023 - 08:00

An End of Terrace Building with Plans drawn up for a 6 Bedroom HMO. A Pre Let Agreement is in Place with Serco on a 7 Year Lease. Proposed Total Rent £20,280 per annum.

Auction date: Tue, 24/10/2023 - 12:00

A three storey, end of terrace House of Multiple Occupation (HMO) with x5 bedrooms and a large garden, producing a gross rental of £37,440 PA. The Assured Shorthold Tenancies are due to expire in June 2024.

Auction date: Thu, 26/10/2023 - 14:30

Opportunity to acquire a freehold three storey three bedroom mid-terrace residential property, which benefits from a HMO licence. Ideal for owner occupiers and investors.

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

A mid-terrace, three-bedroom dwelling, most recently used as a HMO and now sold with vacant possession. The property would benefit from some renovation and would, then, be suitable for owner-occupation or an investor.

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

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.