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Guide price

£400,000

5 bed semi-detached house for sale
May Street, Basingstoke, Hampshire RG21

    • 5 beds

    • 3 baths

    • 1 reception

  • EPC Rating: C

  • Auction
  • Freehold

HMO X Ltd

Logo of HMO X Ltd

About this property

  • Freehold semi-detached tenanted HMO

  • 5 bedrooms, 3 bathrooms, 1 bedroom with ensuite bathroom

  • Communal kitchen, dining space and reception room

  • Benefits from a large driveway with parking spaces

  • Rental income of £3,815 per month / £45,780 per annum

  • Representing a 11.4% yield on guide

  • Sui Generis planning permission in place

  • Wheelchair accessible

A fully tenanted five bedroom HMO let to working professionals producing £45,780 per annum

For sale by unconditional pre-auction sale before going live into our Feb 11th
Catalogue

Situated on the well-connected May Street in Basingstoke, the property benefits from convenient access via the A339 and A3010, as well as the M3 to London or Southampton. The property benefits from an 8 minute pedestrian path walk to Basingstoke town centre and is ideally located for Basingstoke and North Hampshire Hospital, and the University of Winchester. There are also excellent commuter links, with direct rail services to London Waterloo in 45 minutes. Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks.

Transport links are provided by both Basingstoke and Hook Rail Stations.

HMO Compliance

- Gas Safety Certificate
- Planning Approval
- eicr (Electrical Installation Condition Report)
- Fire Risk Assessment
- HMO Licence
- Fire Alarm Test Certificate

Copies of these documents can be found within the legal pack

Planning

Planning granted through Basingstoke and Dean Council: Ref 14/02937/ful | (01-10-2014)

Change of use from dwellinghouse (C3) to house of multiple occupation (sui generis). Installation of window to east elevation, alterations to access, parking and provision of refuse storage

Legal Pack

A legal pack is a collaboration of important documents on the property that is
going to be sold at auction. To review the legal pack, click the Legal Documents
button at the bottom of this advert or visit

Auction Information

To view the full auction information, click the Online Bidding button at the
bottom of this advert or visit .

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Property descriptions and related information displayed on this page are marketing materials provided by - HMO X Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact HMO X Ltd for full details and further information.