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Lot 22 - 30 Robin Close, Romford, Essex, RM5 3UJ

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FREEHOLD RESIDENTIAL INVESTMENT - 6 BEDROOM LICENCED HMO

Guide price: Withdrawn *

Auction Date

Monday, 2nd October 2017 11:00am

Location & Description

A large end of terraced property now used as a licenced HMO. In a courtyard setting in a residential cul-de-sac in the Collier Row district of Romford to the north west of Romford town centre and the Eastern Avenue (A12). Romford mainline station is about 2 miles away and is scheduled to be part of Crossrail/Elizabeth line from 2019.

Accommodation

Top Floor: Room 6 plus kitchen area & shower/WC across hallway
First Floor: Rooms 4 & 5 each with basic kitchen area & shower/WC, communal fitted kitchen
Ground Floor: Rooms 1, 2 & 3 each with basic kitchen area & shower/WC, communal fitted kitchen. Room 3 has access to rear garden. Central heating, double glazing, alarm
Subject to an internal repairing agreement to Stef and Philips Ltd (HMO providers) for 9 years from 12.10.2015 at £3,600 pcm. Annual rent review on 12 October with the increase equivalent to 85% of any increase in Local Housing Allowance receivable by the tenant for the premises.

Note

1.HMO licence issued by L B of Havering 24.03.2016 for 5 years.
2.Please see website for viewing times

EQUIVALENT TO £43,200 p.a. WITH ANNUAL REVIEWS

EPC Rating

D

VIEWINGS

Wednesday 27th September at 12 Noon
Friday 29th September at 12 Noon

Result

Withdrawn Prior to Auction

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.