Initial price	£265,000
22/02/25	£259,000
Price Change	-2.26%

A substantial, three-story HMO property is up for auction on February 27, 2025, with a guide price and reserve price to be determined. The property has a HMO license for five rooms and is located in a desirable area, close to the city center, train station, and universities. The property benefits from gas central heating, UPVC double glazing, and has extremely large room sizes, as well as a cellar and large loft space that offers scope for conversion or additional bedrooms, subject to required consents. The property is currently let at £2,800 per month, generating £33,600 per annum. The property is situated in the South Highfields conservation area, and prospective buyers are advised to make independent enquiries prior to bidding. The sale is being conducted under an unconditional sale type, with a 5% deposit and a buyers' fee of 4.8% of the purchase price.