Lot 2 - 7 Coronation Road, Doncaster, South Yorkshire, DN4 8BD

  • Unconditional Online Auction Sale
  • Guide Price* : 80,000
  • Bedrooms: 4
  • Bathrooms: 1
  • Reception Rooms: 1

A partially let four bedroom mid terrace HMO producing £13,736 per annum

Description

• Mid-terrace house
• 4 bedroom, 1 bathroom HMO
• Situated in a high demand article 4 area
• When fully tenanted it has a rental income of £18,144 per annum with current income of £13,736 per annum
• Benefits from a rear garden
• Designed to attract long-term Local Housing Allowance tenants

Location

7 Coronation Road is located within a 25-minute walk of Doncaster town centre. Access to the A1(M) and M18 motorways is a 10-minute drive away, offering excellent connectivity to Sheffield, Leeds, and the wider region.

Within walking distance is a range of shops, schools, and local amenities. A short drive away are the Frenchgate Shopping Centre, Doncaster Dome leisure complex, and the historic Doncaster Racecourse.

Transport links are provided by nearby Doncaster Railway Station

HMO Compliance

- HMO License
- EICR
- Fire and Gas Safety Certificates
- Emergency Lighting Test and
- Fire Alarm Test Certificate
- Boiler Certificate

Additional information in the legal pack

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 First HMO bedroom with access to communal bathroom, kitchen and reception room Subject to 6 month AST starting from 28th November 2022 £4420.08
2 First HMO bedroom with access to communal bathroom, kitchen and reception room Currently vacant Advertised rent £4420.08
3 First HMO bedroom with access to communal bathroom, kitchen and reception room Subject to 6 month AST starting from 22nd December 2023 £4420.08
4 First HMO bedroom with access to communal bathroom, kitchen and reception room Subject to 6 month AST starting from 27th October 2021 £4896.00

Vendors Solicitor
Stephen Abenson
0161 959 5000

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). This is not necessarily a figure which a property will sell for and may change at any time prior to the auction. Every property will be offered subject to a Reserve Price (this is the sellers minimum expectation) which will be set within either a Guide Range or no more than 10% above a single figure Guide Price.

The Buyers Administration Fee of £1,500 (inclusive of VAT) is a separate charge payable in addition to the price a Lot sells for. In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, HMO X Auctions must hold a minimum amount from all bidders. This participation amount and administration fee are fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (which forms part of your 10% deposit payment) and the buyers administration fee of £1,500 (inclusive of VAT).

Please note that Lots may be sold or withdrawn prior to auction without prior notice.

Any information provided by HMO X Auctions or the seller, whether in writing or orally, does not constitute a representation, condition, or warranty. The information given is for illustrative purposes only and should not be considered as fact. Any mistakes, omissions, inaccuracies, or mis-descriptions in the information provided will not give rise to any legal action or compensation against HMO X Auctions or the seller.

All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of HMO X Auctions or the seller.

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Vendors Solicitor

Stephen Abenson
0161 959 5000

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