Lot 93
    Terraced
    27 Milton Road
    Swindon, Wiltshire, SN1 5JA
    Sold prior to auction for an undisclosed amount.
     
    Number 1
    An Eight Bedroom Licensed HMO Mid Terrace Building. Fully Let Producing a Combined Income £47,940 Per Annum.
    In the Same Family Ownership for 18 Years

    Description

    The property comprises a four storey mid terrace building with a licensed HMO currently arranged over lower ground, ground, first and second floors.

    Tenure

    Freehold

    Location

    The property is situated in Swindon town centre close to the local shops, including The Designer Outlet village. The open spaces of The Park are within close proximity. Transport links are provided by Swindon rail station 0.5 miles away, with London less than an hour by train.

    Accommodation

    All rooms networked with Virgin Media 200mb broadband.
    Lower Ground Floor
    1 x Letting Room with separate kitchen/shower room.
    1 x Shared laundry/kitchen area with 2 x shared WC’s.

    Ground Floor
    3 x Letting Rooms with Shower Room & Kitchenette

    First Floor
    3 x Letting Studio Rooms with Shower Room & Kitchenette

    Second Floor
    1 x Letting Studio Room with Shower Room & Kitchenette
    1 x Shared WC

    GIA 190.1 sq m / 2,046 sq ft

    Exterior

    The property benefits from off street parking for 2 cars at the rear.

    Tenancy

    Please refer to the legal pack for a full tenancy schedule. Current Combined Rent £47,940 per annum.

    Addendum

    Sold Prior
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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