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MapMixed use for sale
Severn Terrace, Worcester WR1
Featured
Auction
Mixed use
6 beds
1,539 sq ft / 143 sq m
EPC rating: E
Key information
Features and description
- HMO House Share Income Of £39,960 PA
- City Centre Accommodation
- All Rooms Fully Let
- Immediate Income
- Being Sold Via Auction
- 6 Bedroom Accommodation
A well-appointed 6-bedroom licenced HMO property located within Worcester City Centre situated next to Worcester Racecourse. Property is fully occupied by 6 individual professionals achieving £3330 PCM/£39,960 PA.
The HMO licence is valid until 2029 however is non-transferrable.
The property comprises of entrance hall providing access to 2 of the bedrooms situated on the ground floor having 1 double to the front aspect and single to middle aspect. To the rear aspect, we have a fully fitted kitchen/diner with base and eye level units and appliances leading through to utility room and then bathroom with shower. Access to the courtyard garden space is gained via the utility room.
To the first floor there are 2 double bedrooms, shower room and additional single bedroom with balcony boating views of Worcester racecourse.
The third floor of the property accommodates a self-contained studio apartment having separate bedroom area inclusive of fitted kitchen and shower room facilities.
The fire protection within the property is panel controlled and zoned.
Benefitting from having the Nest app controlled central heating to monitor tenants’ usage, Replacement flat roof and newly fitted fuse board. The property will be sold on a furnished basis.
EPC grade E.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Council Tax Band: C
Tenure: Freehold
The HMO licence is valid until 2029 however is non-transferrable.
The property comprises of entrance hall providing access to 2 of the bedrooms situated on the ground floor having 1 double to the front aspect and single to middle aspect. To the rear aspect, we have a fully fitted kitchen/diner with base and eye level units and appliances leading through to utility room and then bathroom with shower. Access to the courtyard garden space is gained via the utility room.
To the first floor there are 2 double bedrooms, shower room and additional single bedroom with balcony boating views of Worcester racecourse.
The third floor of the property accommodates a self-contained studio apartment having separate bedroom area inclusive of fitted kitchen and shower room facilities.
The fire protection within the property is panel controlled and zoned.
Benefitting from having the Nest app controlled central heating to monitor tenants’ usage, Replacement flat roof and newly fitted fuse board. The property will be sold on a furnished basis.
EPC grade E.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Council Tax Band: C
Tenure: Freehold
About this agent
Black Pear Lettings are a local company offering a range of room lets to both students and professionals. We offer rooms to let all over the Worcestershire area and over a range of accommodation from shared houses to commercial conversions, ensuite rooms to pods offering their own kitchen and shower room. We ensure that all accommodation offered meets the criteria of Multiple Occupancy Housing set by Worcester City Council. A forward looking business based on the traditional values, we strive to be at the forefront of the room letting market, and invest much time and effort in ensuring that we are fully up to date with ever changing tenancy law and government legislation. Together with our attention to detail and conscientious attitude we have the experience, resources and skills to deliver the kind of services that landlords and tenants require.
