6 bed House of Multiple Occupation

Prime Investment Opportunity: Fully Tenanted 6 Bedroom Student Townhouse in North Sherwood Street, Nottingham Investors! Here's your chance to step into a great investment opportunity in the heart of Nottingham's bustling student district. Nestled in the highly sought-after North Sherwood Street, this meticulously maintained 6-bedroom townhouse, built in 2000, is ready to deliver impressive returns from day one. Key Features: Secure Rental Income: With tenants already in this year, this property ensures a robust income stream of £39,168 for a 48-week tenancy period. What's more, bills are included with a cap of £16 per person per week, along with an allowance for internet, making it an attractive proposition for both students and landlords. Comprehensive Furnishings: Fully furnished to a high standard, this property offers tenants everything they need for comfortable living and studying, from essential appliances to cozy seating areas, ensuring maximum appeal and minimal vacancies. 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 4.50% 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.