An opportunity to acquire two adjoining freehold HMO (House in Multiple Occupation) investment properties, offered together as one substantial lot in a well-connected Plymouth location.
Situated close to Devonport Dockyard, the properties offer convenient access to Plymouth city centre, the waterfront, rail services and the wider road network. The location is well placed for a range of occupiers, including those working at the dockyard, city centre and surrounding employment areas.
The properties comprise a five-bedroom HMO and a six-bedroom HMO, providing eleven bedrooms in total.
The accommodation is presented in a modern style and is complemented by enclosed courtyard areas. A detached garage, accessed from the rear lane, provides useful additional storage space.
114 Albert Road Ground Floor Open-plan living room/kitchen/ dining room and two W.C.s First Floor Three bedrooms, two shower rooms and utility room. Second Floor Three bedrooms. EPC Rating C Council Tax Band D
116 Albert Road Ground Floor Open-plan living room/kitchen/dining room and bedroom with small kitchenette. First Floor Utility room, two shower rooms and two bedrooms. Second Floor Two bedrooms. EPC Rating D Council Tax Band D
Outside Enclosed courtyard areas and a detached garage with access from the rear lane.
Auctioneers Note We understand that the vendor rents the rooms at 160 per week. Further information will be included within the legal documentation, available to download from the Clive Emson website
Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/
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