Lot 14 - 12 South View Road, Peterborough, Cambridgeshire, PE4 6AG

  • Unconditional Online Auction Sale
  • Guide Price* : 250,000
  • Bedrooms: 6
  • Bathrooms: 6
  • Reception Rooms: 1

A fully tenanted six ensuite bedroom HMO let to working professionals producing £46,476 per annum

Description

• Freehold semi-detached house
• 6 en-suite studio style bedrooms
• Fully refurbished to a high standard
• Communal kitchen
• Impressive gross yield of 18.59% on guide
• Current rental income of £3,873 per month / £46,476 per annum

Location

Ideally situated on South View Road, providing direct routes to Peterborough city centre, Peterborough City Hospital, and Anglia Ruskin University’s Peterborough campus. Excellent connectivity via fast rail links to London in under 50 minutes and easy access to the A1(M) and A47 further enhance its appeal. With ongoing city centre regeneration and significant housing growth driving long-term demand and capital appreciation, this property represents a secure, income-generating opportunity in one of the East of England’s fastest-growing rental markets.

Transport links are provided by both Peterborough and Whittlesea Rail Stations.

Auctioneer Notes

Internal Images
Buyers should note that the internal images have been provided by the seller. These pictures were taken prior to it being tenanted. The auctioneers have not had the opportunity to view the property prior to marketing the property for auction.

HMO Compliance

- HMO Licence
- EPC
- Fire Risk Assessment
- Emergency Lighting Test
- Fire Alarm Test Certificate
- Gas Safety Certificate

Copies of these documents can be found within the legal pack

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground En-suite HMO room with kitchenette and access to communal kitchen Tenancy start date: 24/09/2022 £8,700
2 Ground En-suite HMO room with kitchenette and access to communal kitchen Tenancy start date: 02/06/2025 £6,720
3 First En-suite HMO room with access to communal kitchen Tenancy start date: 12/06/2023 £7,164
4 First En-suite HMO room with access to communal kitchen Tenancy start date: 07/04/2025 £7,620
5 First En-suite HMO room with kitchenette and access to communal kitchen Tenancy start date: 03/07/2024 £8,052
6 Second En-suite HMO room with kitchenette and access to communal kitchen Tenancy start date: 19/07/2024 £8,220

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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