Lot 28 - 10 Yalding Grove, Orpington, Kent, BR5 3SE
- Unconditional Online Auction Sale
- Guide Price* : £295,000 plus
- Bedrooms: 4
House of Multiple Occupation - Investment Opportunity
Description
A mid-terrace property arranged as an HMO with four letting rooms, including the converted garage. Three rooms benefit from en-suites, and some have built in wardrobes. The property is well placed for the R6 bus route, with Wotten Green / Sandway Road stops just off Yalding Grove. St Marys Cray station is approximately one mile away, with a range of shops and parks also found in the surrounding area.
The property is let, as detailed below, currently producing £1,970 pcm, and £23,640 per annum (if let at the current capacity and rents).
Other Information
Local Authority – London Borough of Bromley
EPC Rating – C
Tenure
Freehold
Viewings
Strictly by prior appointment with the auctioneers
Accommodation
| Room 1 with en-suite shower room / WC - let on an Assured Shorthold Tenancy since 12/03/22, holding over at a rent of £600 pcm | |
| Room 2 (twin rooms - shared entrance, double & single) with en-suite shower room / WC - let on an Assured Shorthold Tenancy since 15/11/21, holding over at a rent of £570 pcm | |
| Room 3 - let on an Assured Shorthold Tenancy for 12 months from 23/08/22, at a rent of £500 pcm | |
| Room 4 (studio) with a separate WC & shower - let on an Assured Shorthold Tenancy since 16/06/18, holding over at a rent of £300 pcm | |
| Shared kitchen / diner, bathroom (used by room 3), communal downstairs WC | |
| Exterior | |
| Off street parking, front yard, rear garden |
Additional Information
A contract administration charge of £1,500 (inclusive of Vat) is payable on exchange of contracts. Please note this fee is not part of the deposit or purchase price.
Please refer to the Special Conditions of Sale & General Conditions of Sale for details of any additional fees, costs or disbursements (if applicable), which will form part of the contract.
*Guide price definitionGuide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.
Reserve price definitionThe reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.
Loading the bidding panel...
Agreement Documents
Additional Documents
Share
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.