12A Market Place, Kegworth, Derby, DE74 2EE
£325,000+
Residential
6
Key Features
- Freehold 6 bedroom HMO investment property
- Current gross income reported at £36,000 pa
- Heart of Kegworth town centre close to East Midlands airport & Sutton Bonington NTU Campus
Part of the
12 December 2019
auction
Nottingham Racecourse
at
2.30PM
A substantial freehold 6 bedroom newly refurbished HMO in the heart of Kegworth town centre, fully let with a reported total gross income of £36,000 pa
- Freehold 6 bedroom HMO investment property
- Note flying freehold above the hairdressers
- Located in the heart of Kegworth town centre
- Close to East Midlands Airport & Sutton Bonington NTU
- Adjacent to the Co-Op convenience store
- Newly refurbished to a high standard
- Let to a mix of professionals and veterinary students from NTU
- Fully let producing a gross income of £36,000 pa
- EPC rating of E obtained prior to refurbishment
- Close to a wide range of local amenities
- Ideal investment opportunity
FINAL viewing date: Tuesday 3rd December at 3.30pm
Fees
A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Freehold, subject to Assured Shorthold Tenancy agreements of the individual rooms with a current reported gross income of £36,000 per annum
D
Email: rsoar@setfords.co.uk
Telephone: 0115 704 3010