Next auction Thursday 20th June 2.30PM

12A Market Place, Kegworth, DE74 2EE



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Guide price

£325,000


Property Type

Residential

Bedrooms

6


Key Features

  • Freehold 6 bedroom HMO investment property
  • Reported gross income at £36,000 pa when fully let
  • Heart of Kegworth town centre close to East Midlands airport & Sutton Bonington NTU Campus

Part of the 27 February 2020 auction
Nottingham Racecourse at 2.30PM

A substantial freehold 6 bedroom newly refurbished HMO in the heart of Kegworth town centre, with a reported total gross income of £36,000 pa when fully let.

  • Freehold 6 bedroom HMO investment property
  • x4 rooms currently let, x2 vacant
  • All rooms will be fully let from 07/20 for the next academic year
  • 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
  • Close to a wide range of local amenities
  • Ideal investment opportunity

Please contact Auction Estates on 0115 7844 600

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 reported gross income of £36,000 per annum when fully let

D

Email: rsoar@setfords.co.uk
Telephone: 0115 704 3010

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