Lot 30
    Semi-Detached
    86 Lower Road
    Orpington, Kent, BR5 4AL
    Sold for £533,000.
     
    Number 1
    A Six Bedroom Extended Semi Detached Fully Licensed HMO Producing a Combined Income of £49,200 Per Annum

    Description

    The property comprises a six bedroom semi detached full C4 licensed house in multiple occupation arranged over ground, first and second floors. The property is being sold as fully furnished.

    Tenure

    Freehold

    Location

    The property is situated on a residential road in Orpington close to the local high street shops and amenities. The open spaces of Priory Gardens are within close proximity. Transport links are provided by St Mary Cray rail station.

    Accommodation

    Ground Floor
    Reception Room
    Two Bedrooms
    Kitchen

    First Floor
    Two Bedrooms
    Bathroom

    Second Floor
    Two Bedrooms

    Tenancy

    The property is subject to HMO individual Tenancies at a combined rent of £4,100 per calendar month (Please refer to the legal pack for the Tenancy Schedule).

    Currently let to nurses working at PRUH hospital for the last two years. There are six new nurses moving in on the 15th March. All have signed 12 month AST’s agreements with no break.
    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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