Two flats run as a 6 room HMO
High Street, Biggleswade, SG18
Guide Price £500000 to £550000 For sale by Auction on 4.12.26 with bidding closing at 12:45pm Two 2-bedroom flats set up as an HMO (Homes of Multiple Occupation) for 6 dwellings generating about £47,400 Gross per annum. 6 rooms, communal facilities in each flat. Each room pays for own heating and…
Guide £500,000 – £550,000
To arrange a viewing call London 0204 509 8985, Cambridge 01223 802720 or Norwich 01603 514581, or email info@thepropertyauctiongroup.co.uk.
| Property type | Flat |
|---|---|
| Tenure | Leasehold |
| Bedrooms | 6 |
| Bathrooms | 1 |
| Occupancy | Tenanted (investment) |
Description
Guide Price £500000 to £550000
For sale by Auction on 4.12.26 with bidding closing at 12:45pm
2-bedroom flats set up as an HMO (Homes of Multiple Occupation) for 6 dwellings generating about £47,400 Gross per annum. 6 rooms, communal facilities in each flat.
Each room pays for own heating and electric. Located on the High street above a lock up shop. Tenure: Lease granted to the residential units above the shop below. Expiry date: 18-09-3016 with zero ground rent.
Shop: Located below on the same title this lock up shop is available as a separate lot and could be purchased simultaneously with the flats.
It offers an open plan retailing area with stock rooms and access to basement rooms providing storage and or office space. Kitchen and toilet.
Over all the premises is approximately 1,437 Sq. Ft. (Net) with the retailing area about 676 Sq. Ft. EPC: The flats are rated: TBC The shop is Rated ‘C’ valid until 26th June 2035 Rates: The VOA website provides a rateable value for the shop of £19,500
All prices quoted exclusive of VAT
Viewing: By appointment in the first instance via Satchells.
Buyers Premium £6,000 + VAT £7,200 Including VAT
Please visit The Property Auction Group website to register and to download a legal pack
18-09-3016
990 years
Viewings, fees and documents
Viewings
Viewing: By appointment in the first instance via Satchells.
Fees
Buyers Premium £6,000 + VAT £7,200 Including VAT
Location
More about the area: Cambridge area guide
Guide prices are an indication of each seller's minimum acceptable price at auction and are not necessarily the figure a property will sell for. The reserve is the minimum figure the property can be sold for, and is not expected to be more than 10% above a single-figure guide. Both may change before the auction. A buyer's premium applies to every lot: see each lot for the amount.