Lot 102

FREEHOLD TOWN CENTRE INVESTMENT

11 York Road, Aldershot, Hampshire, GU11 3JG
11 York Road, Aldershot, Hampshire, GU11 3JG
Withdrawn After

Currently let at £24,780 per annum

Located in Aldershot town centre towards the north of Hampshire, this terraced property has been operating as a licensed HMO since the 1990s. The Seller has enjoyed constant occupancy and maintains the rent levels based on original occupancy thus offering a new owner the scope to increase should they so wish.

The property is in good order throughout having been refurbished in 2019 and is a well maintained investment. It is considered a good addition to an established property portfolio or a stand alone investment with the healthy income it produces.

Ground Floor

Rooms 1 and 2, communal kitchen and utility room.

First Floor

Rooms 3 and 4, Communal bathroom with W.C. and cloakroom with W.C.

Second Floor

Self-contained unit 5 which comprises kitchen, bed/living room and shower room with W.C.

Outside

Communal garden to the rear and small courtyard to the front.

Tenancies

Room 1

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020, at a current rental of £410 per calendar month.

Room 2

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020 at a current rental of £360 per calendar month.

Room 3

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020, at a current rental of £360 per calendar month.

Room 4

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020, at a current rental of £435 per calendar month.

Flat 5

Let under the terms of an Assured Shorthold Tenancy Agreement, from 1st October 2020, at a current rental of £500 per calendar month.

Viewings

There will be no internal viewings and interested parties are requested not to contact the occupants direct.

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/