No longer on the market
This property is no longer on the market
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6 bedroom house of multiple occupation
Key information
Features and description
- HMO House Share Income Of £39,960 PA
- All Rooms Fully Let
- City Centre Accommodation
- Immediate Income
- 6 Bedroom Accommodation
- Being Sold Via Auction
We are pleased to offer to auction this 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.
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Severn Terrace in the city centre of Worcester. It has excellent transport links and is a few minutes walk from Worcester Foregate Street station. It is a few minutes from the University of Worcester. It is close to local restaurants, bars and shops.
Accommodation
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.
Tenure
Freehold: Title number HW27174.
EPC
Rating E.
Council Tax
Band C.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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. The deposit will form part of 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 payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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