Sold after auction for an undisclosed amount

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A large, 3 storey end terrace house (1119 sq ft, source EPC) arranged as a 5 room HMO, let on ASTs producing £20,184 pa.

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Description/Location

The property is situated in an established residential location close to the centre of Newark. Newark & Sherwood District Council granted the HMO licence for 5 years on 30/01/2020. We refer bidders to the schedule of rents and ASTs within the legal pack.

Tenure

Freehold

Viewing

Please contact Elliott Network Auctions on 020 7871 0420

Accommodation

Ground Floor: Front door to entrance hall, room 1 (double), shower room, communal lounge with separate front door, stairs to first floor, kitchen and utility room. First Floor: Landing with stairs to third floor, shower room, room 2 (double), room 3 (single), room 4 (double). Third Floor: Room 5 (double). Outside: Rear garden.

Rent

Current Rent: £1692 pcm

Virtual Tour

Virtual Tour 13 Currie Road

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.