Lot 113: FREEHOLD NINE BEDROOM HMO WITH TWO GARAGES TO THE REAR

Sold Prior

This imposing detached building has previously been in use as a bed and breakfast, before latterly being let on a room-by-room basis as an HMO and producing a healthy income when fully let. The property is considered ideally suited for continued use as an income-producing investment.

To the rear, there is the added advantage of a pair of lock-up garages.

Planning

A Certificate of Lawful Use or Development was issued by Southampton City Council, under ref: 16/01896/ELDC, dated 24th March 2017, for continued use as an HMO. Further information will be available for download from the Clive Emson website or inspection at the Auctioneer’s Office.

Ground Floor

Five rooms, kitchen, utility room and cloakroom with W.C.

First Floor

Four rooms, two bathrooms (one with W.C.) and separate cloakroom with W.C.

Tenancy

Room 4 holding over from an Assured Shorthold Tenancy Agreement, dated 16th June 2014, at a current rental of £325 per calendar month.Room 8 holding over from an Assured Shorthold Tenancy Agreement, dated 1st September 2013, at a current rental of £325 per calendar month.

Auctioneer’s Note

We are advised that the tenants in Rooms 4 and 8 have been served notice to vacate the property prior to completion. Further information will be available in the legal pack.

Outside

Gardens to front/rear, and a pair of lock-up garages situated to the rear of the property.

Residential EPC: TBC