14 Bedroom HMO for sale - Worksop - Fully Let

14 Bedroom HMO for sale – Worksop – Fully Let

For Sale £695,000


  • LOCATION

  • Worksop lies on the A57 with links to the A1, M1 and A60, providing excellent access for industry to travel up, down and across the country, with large retailers such as Wilkinson and B&Q both having major distribution centres in the area.

  • DESCRIPTION

  • A 2-storey end terrace brick-built property under a pitched tiled roof with rear courtyard garden.

  • ACCOMMODATION

  • 14-bedroom HMO accommodation in the main building with shared kitchen and bathroom facilities. Income rose from £54,000 per annum in 2020/21 to £62,000 from 2022.

  • SERVICES

  • We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

  • TERMS

  • Offered for sale freehold with the benefit of the HMO licence and rental income.

  • OUTGOINGS

  • 8 -10 market Street is in Council tax Band B with an annual Rateable Value of £1,656 per annum.
  • The fixed Council tax and utility costs over the last 12 months were £12,630.

  • VAT

  • We are advised that the property has not been elected for VAT.

  • LEGAL COSTS

  • Both Parties will be responsible for their own legal costs.

  • PARKING NOTES

  • On street with permit parking is available by contacting the local authority.

  • OTHER

  • Finance may be available through Independent Financial Brokers and P & F Commercial would be pleased to make an introduction for you. The Brokers are completely Independent and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

  • VIEWING

  • Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com


    Property Details

    • Reference: 10573
    • Type: Investments, Land
    • Status: For Sale

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