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No longer on the market

This property is no longer on the market

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7 bedroom house of multiple occupation

Auction
House of multiple occupation
7 beds
1531
EPC rating: E
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Residential investment Gross income £42,120 pa
  • HMO in Good order
  • Close to town centre
  • Guide price : £275,000 to £325,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 10:00 am, Wednesday 18th June 2025

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 18TH JUNE 2025 AT 10:00AM. TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A highly productive HMO producing £42,120 pa

Located close to the town centre this 7 bedroom HMO is a highly productive investment producing £42,120 gross income fully let. The property is in favourable order and is ideal for an experienced investor looking for a strong income.

The property is located close to the town centre and railway station.

Ground Floor Hall, lounge/bedroom, dining room/bedroom, breakfast room kitchen, shower room.
First Floor Landing 4 bedrooms, bathroom, sep wc
Second Floor Landing, Bedroom
Outside small front and rear gardens.
Council Tax Band B
Viewings Viewings are available by appointment only. To book a viewing please contact the Norwich office.
Require a Mortgage or Loan? We strongly advise that your finance is fully approved prior to bidding. Please be aware that an Agreement in Principle (AIP) may not be sufficient. Should your lender be unable to proceed post-auction, you risk losing your deposit and incurring significant costs.
To ensure you are fully prepared, contact our team today to discuss auction finance options and secure funding before bidding.

Tenure: Freehold

EPC Rating: C

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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