
Located just a few minutes from Newmarket town centre and The Guineas shopping centre, this fully licensed, 6 Bedroom HMO is a fantastic investment for a new or experienced landlord.
All 6 bedrooms are let and the property generates an annual income of over £37,000. A fully managed service is also available via the current agent if required.
Further benefits include a garage en bloc which is currently used for storage.
This property is for sale by Modern Method Of Sale. The buyer and seller must Complete within 56 days. Interested parties personal data will be shared with the Auctioneer (iamsold).
The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Please note: The seller is a registered social landlord and is therefore prohibited from selling a property to anyone who is an employee or Director of the seller, or was in the last 12 months an employee or Director, or is a close relative of such a person or an agent on their behalf.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Interested in this property?
Call us on 020 3858 0695