Queens Road, Beeston, Nottingham

FOR SALE BY LIVE NATIONAL AUCTION
GUIDE PRICE: £300,000 - £350,000 FREEHOLD
** PLEASE CALL FOR VIEWINGS **
This fully licensed 5-bedroom HMO, recently refurbished to an excellent standard, offers a prime investment opportunity. Extending to approximately 1,800 sq ft, the property is now fully let to Uni Let on a 50-week tenancy, generating a gross annual income of £34,000 delivering an impressive 10% yield. The accommodation is spread across three floors, featuring an entrance hall, lounge, kitchen, bedroom, and bathroom on the ground floor. The first floor includes three additional bedrooms and a bathroom, while the second floor offers two further rooms. A rear courtyard garden, with side access, provides space for bike storage. Ideally located across from the local Co-op and just a 10-minute walk from Nottingham University, this property is situated in the heart of Beeston.

Accommodation -

Ground Floor -

Entrance Hall - 3.68m x 0.81m (12'1 x 2'08) - Entered via a solid wood front door there are stairs rising to the first floor with doors leading to:-

Lounge - 3.71m x 3.68m (12'02 x 12'01) - A communal lounge with windows to the side and overlooking the rear elevation, there is space for a dining table and sofas with TV and telephone points connected. A door to :-

Kitchen - 3.02m x 2.84m (9'11 x 9'04) - A refitted kitchen with a range of floor and wall-mounted cabinets, there is a quartz effect worktop with tiled splashback. integrated appliances include an induction hob with extractor above and oven below, a stainless steel sink and drainer with space for a washing machine and fridge/freezer. There is a window and door to the side elevation with storage beneath the stairs and door to:-

Bathroom - 2.16m x 1.85m (7'01 x 6'01) - Refitted with a suite comprising a bath with shower mixer tap over, a WC and hand wash basin with a window tot he side elevation. The bath benefits from a tiled wall.

Room One - 4.32m x 3.63m (14'02 x 11'11) - With a bay window to the front elevation, there is space for a king-sized bed, storage and desk. There is a wood effect floor.

First Floor -

Landing - Stairs rising to the second floor with doors to:-

Room Two - 3.05m x 2.87m (10'00 x 9'05) - A window to the rear elevation and space for a double bed and storage

Room Three - 3.68m x 2.95m (12'01 x 9'08) - A window overlooking the rear elevation. There is space for a double bed and storage.

Room Four - 4.37m x 3.00m (14'04 x 9'10) - A bay window to the front elevation with space for wardrobes and a desk.

Bathroom - 2.67m x 0.97m (8'09 x 3'02) - The suite comprises a tiled bath with a shower mixer tap over, WC, and a hand wash basin. There is a window to the front elevation.

Second Floor -

Room Five - 2.46m x 2.90m (8'01 x 9'06) - A window to the side elevation with a space for a double bed and storage.

Room - 4.42m x 2.44m (14'06 x 8'00) - A spare room.

Outside - A courtyard garden with access to the side.

Services - Mains gas, water and electric are connected.

Price Information - *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. Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.

Buyers Premium Charge - The purchaser will be required to pay an administration charge of £3,600 (£3000 PLUS VAT)

Buyers Admin Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).