Lot 108: FREEHOLD TOWN CENTRE SIX BEDROOM HMO

Guide Price £190,000 – £210,000 *
30a Caesars Road,
Newport,
Isle Of Wight. PO30 5ED

Currently let at 26,700 per annum

Viewing by arrangement with Messrs Scotcher & Co

01983 822288

Further information from Clive Emson Auctioneers

01489 564606

Rob Marchant/Mike Marchant

A particularly difficult property to photograph, this freehold detached building is the former stable block for the adjoining mill and is situated a short walk from the centre of Newport, the Island's County Town.

The building is at present arranged as an HMO with six letting rooms, all of which are at present let. The property is considered ideal for continued use as an income-producing investment.

Ground Floor

Communal kitchen and Bedsitting Rooms 1, 3 and 4. Bedsitting Room 2 with bathroom/W.C.

First Floor

Bedsitting Rooms 5 and 6. Shower room with W.C. and cloakroom with W.C.

Tenancies

Room 1

Let on an Assured Shorthold Tenancy from 23rd September 2015 at a current rental of 300 per calendar month.

Room 2

Let on an Assured Shorthold Tenancy from 2nd February 2017 at a current rental of 400 per calendar month.

Room 3

Let on an Assured Shorthold Tenancy from 3rd March 2017 at a current rental of 375 per calendar month.

Room 4

Let on an Assured Shorthold Tenancy from 20th December 2016 at a current rental of 375 per calendar month.

Room 5

Let on an Assured Shorthold Tenancy from 6th December 2015 at a current rental of 375 per calendar month.

Room 6

Let on an Assured Shorthold Tenancy from 24th September 2014 at a current rental of 400 per calendar month.

Residential EPC: E

Map

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