8 bedroom property for sale
Key information
Property description & features
- Detached 8 Bedroom HMO - (All En-suite)
- Converted & Comprehensively Refurbished in 2020
- Designated Off Street Parking Provision
- Capable of Producing £49,920 Gross Annual Income
- Two Kitchens & Separate Utility
- Desirable Location With Ample Local Amenities and Proximity to Town Centre
- Investment Opportunity
We are pleased to offer to auction this detached 8 bedroom HMO. At the date of listing the property is fully let and producing a Gross Annual Income of £49,920. As mentioned above the property was the subject of a comprehensive conversion form former headquarters of a local builder refurbished to a very good standard the rooms have the advantage of period character and spacious accommodation throughout.
The property has eight en-suite bedrooms as well as two fitted kitchens and a utility room. The kitchens being conveniently located on the ground and first floors. The property can effectively be regarded as two parts each with its own access reducing congestion for the occupants. These being known as 22a and 22b. The latter having already a "C" EPC Rating 22a currently rated as 66 D but with potential to be 76 "C". NB The main EPC Graph shown relates to 22b.
Externally the property is offered with designated off street parking spaces having shared vehicular access from the adjacent Edward Street.
Our Lettings team report that the foregoing helps create a constant demand therefore for accommodation such as that offered at the subject property.
This is an excellent property one that we are certain will produce significant interest from the time of listing. We would therefore respectfully urge you to contact us at your earliest convenience to arrange a viewing to avoid disappointment.
Please note we have not inspected this property.
Rooms
Location
The property stands in a popular location towards the south eastern edge of the town of Grantham. There is a local mini market as well known fast food outlets close by. Also in close proximity are a number of other services and amenities with names such as Marks & Spencer Food and Sainsburys.
The property is also almost next door to the pretty Dysart Park. This lovely green open space provides an ideal place to relax of for recreation.
Grantham is a vibrant town which has a well served centre. The heart of town is a mere 1 mile from the property approx. 7 minute car journey and around a 20-25 minute walk. The town enjoys a number of major employers across a number of sectors in the employment market.
The property is also just a 0.5 mile/ just over a 10 minute walk to Grantham railway station. Being on the LNER there is a regular train service to London Kings Cross a timetabled j...
Accommodation
The property has eight en-suite bedrooms as well as two fitted kitchens and a utility room. The kitchens being conveniently located on the ground and first floors. The property can effectively be regarded as two parts each with its own access reducing congestion for the occupants. These being known as 22a and 22b.
Externally the property is offered with designated off street parking spaces having shared vehicular access from the adjacent Edward Street.
Tenure
Freehold. Title number LL392278
Council Tax
Band A
EPC
Available Upon Request
22a - Rating D
22b - Rating C
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'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, 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 Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
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.
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 and identity process in accordance with Anti Money Laundering procedures.
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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). 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 it necessary or beneficial to the customer to pass your 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.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 445207. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 11, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 11, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.