Lot 7 - 74 Queen Street, Normanton, West Yorkshire, WF6 2BU

  • Unconditional Online Auction Sale
  • Guide Price* : 125,000
  • Bedrooms: 4
  • Bathrooms: 3
  • Reception Rooms: 1

A fully let four bedroom semi-detached HMO let to professional tenants producing £22,380 per annum.

Description

• Semi-detached house
• 4-Bedroom, 3-bathroom HMO (2 Ensuite)
• Additional large basement and CCTV system installed
• Major employers nearby – Proximity to Wakefield and Leeds boosts demand from professionals and key workers
• Fully tenanted with rental income of £22,380 per annum
• Representing a 17.7% yield on guide

Location

74 Queen Street is located within a 10-minute walk of Normanton town centre. Access to the M62 motorway is a 5-minute drive away, providing excellent links to Leeds, Wakefield, and Manchester.

Within walking distance is a range of shops, supermarkets, and local amenities. A short drive away are Xscape Yorkshire, Junction 32 Outlet Shopping Village, and Pugneys Country Park.

Transport links are provided by Normanton Station, offering direct rail services to Leeds, Sheffield, and York.

HMO Compliance

- EICR
- Emergency lighting certificate
- Fire alarm certificate
- Fire risk assessment
- Gas safety certificate

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground HMO room with en-suite bathroom with shared kitchen and reception room Subject to 6 month AST starting from 23rd May 2025 £6,000
2 First HMO room with shared bathroom, kitchen and reception room Subject to 6 month AST starting from 20th October 2023 £4,944
3 First HMO room with shared bathroom, kitchen and reception room Subject to 6 month AST starting from 25th June 2024 £5,388
4 First HMO room with en-suite bathroom with shared kitchen and reception room Subject to 6 month AST starting from 3rd February 2025 £5,988

Vendors Solicitor

* 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

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