HMO conversion opportunity for investors or renovators near town amenities.
Four floors with multiple lets—current HMO layout
A substantial stone-built gable end terrace arranged over four floors, currently operating as an HMO and offered for sale via Secure Sale online auction. The property has period character including a bay-fronted reception, tall ceilings and sash-style windows; double glazing was installed post-2002 and heating is by mains-gas boiler and radiators. The freehold tenure and multiple-room layout suit investors looking to retain HMO income or buyers wanting a conversion/renovation project.
The interior is dated throughout and the EPC rating is E; refurbishment and modernization will be required to improve safety, comfort and energy performance. The plot is small with a walled forecourt and gated entrance; there are immediate street and town views rather than open countryside or water vistas.
Important sale terms: the property is being sold by online auction (Secure Sale) and buyers should review the Legal Pack and terms carefully. A non-refundable deposit (5% on exchange) and a reservation fee apply on completion of sale — factor these into purchase costs. Prospective purchasers should verify layout, services and any HMO compliance before bidding.
Set in an urban area with fast broadband and excellent mobile signal, the property sits in a very deprived neighbourhood with above-average crime statistics. Nearby schools include several rated Good at primary level; the location offers local shops, a pharmacy and places of worship. This is best suited to investors or experienced renovators who can manage refurbishment and the risks associated with the local area.
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