For sale by auction on Wednesday, 10 April 2019 at 11:00

Venue: The Sunningdale Suite Dunston Hall Hotel, Ipswich Road, Norwich, NR14 8PQ

This mid terrace house is believed to date from 1904. It has been used as a registered student let for nearly 25 years and so is well established and has a current HMO licence. It is registered with UEA, www.homerunstudentpad.co.uk, and we are informed by the owners there has never been a void since they purchased the property.

It is currently let at 1,668 pcm gross (20,016 pa) under a 11.5 month Assured Shorthold Tenancy which expires 9th June 2019. The same students have already signed a new 12 month AST to continue from that date. The rent includes water and internet which amounts to around 1,000 pa but excludes electricity and gas which the students pay 25 pcm per room in addition to their rent. There is no council tax as it is let to students.

The property is located close to the heart of the city within a short distance of a range of shopping facilities and amenities.

This is an ideal investment opportunity.

Ground Floor

Entrance hall, sitting room, bedrooms 1 & 2, shower room and wc, kitchen / dining room, sun room.

First Floor

Landing, bedrooms 3 to 6 (5 has a sink), utility, wc, shower room, store room.

Outside

Front garden and small rear yard.

EPC Rating: D

Viewings

19 Mar 2019 13:45-14:15

26 Mar 2019 13:45-14:15

02 Apr 2019 13:45-14:15

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

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

Price Information

* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Disclaimer Property reference 1_95478. Details are provided and maintained by Auction House. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.