5 bed House Share

A rare opportunity for investors, this spacious 5-bedroom terraced house on New Street, St Neots, offers immense potential as a licensed HMO (House in Multiple Occupation) property. In addition to the main house, the property features a self-contained annexe, making it an ideal choice for those seeking both a high-yield investment and flexible living options. Investment Highlights: Current HMO License – Fully compliant and ready for tenants. High Rental Yield Potential – With five bedrooms and a self-contained annexe, the property offers an exceptional rental income opportunity. Great Location – A sought-after area with strong tenant demand. Long-Term Investment – St Neots has experienced consistent growth, making this a smart choice for future capital appreciation. Main House: 5 Well-Proportioned Bedrooms – Each room provides ample space, natural light, and comfortable living, designed with tenants in mind. Shared Living Areas – A large kitchen/dining space is perfect for communal living, and the cozy living room offers a welcoming area for relaxation. Well-Maintained Bathrooms – The property benefits from well-kept shared bathrooms, designed for practicality and comfort. Self-Contained Annexe: Separate Living Space – Offering privacy and independence, the annexe features a living area, kitchenette, and separate bathroom. Ideal for Additional Rental Income – This self-contained unit can be rented separately or used as accommodation for the property owner or a private tenant. Location: Situated on the bustling New Street in St Neots, the property enjoys great access to local shops, cafes, and amenities. Excellent transport links, including a nearby train station, make commuting to Cambridge, London, and surrounding areas simple and convenient. This property is a must-see for any investor looking to expand their portfolio in a thriving market. With flexible living spaces, a prime location, and high rental potential, it’s an opportunity you won’t want to miss. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. 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. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.