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"Guide Price £125,000 £155,000 For sale by unconditional online auction on the 25th of June 2025.

Registration is now open, bidding opens on 25th of June at 10 00 and ends on 25th of June at 13 35.

High Yield Investment Fully Licensed HMO Near James Cook Hospital

Description
A remarkable addition to any property portfolio, this fully licensed House in Multiple Occupation HMO offers turn key convenience and a reliable stream of rental income. Located near James Cook Hospital, this tenanted property is perfectly suited to meet the high demand for quality housing in the area. With excellent transport links via bus and train, it boasts easy accessibility and enduring tenant appeal.

Highlights

Occupied Secure returns from day one with this income generating asset.

Hassle Free This turn key property is ready for immediate management, requiring minimal intervention.

Premium Location Situated close to James Cook Hospital and key transport routes, ensuring strong demand from tenants.

Portfolio Expansion Opportunity Pair this property with the adjacent, tenanted HMO to maximize your investment potential.

Current rental income £1,350 p m.

RICS Valuation £190,000

Whether you re an experienced investor seeking to expand your portfolio or exploring HMO opportunities, this property represents an exceptional chance to capitalize on demand for rental housing near a thriving hub.

Disclaimer
Material information will be provided within the legal pack to download this register your interest at tcpa.co.uk.

Please Note T&C has not inspected this property.

Tenure
Freehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land 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 tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property Lot. The auction conditions require a full legal completion 28 days following the auction unless otherwise stated .

Pre Auction Offers Are Considered
The seller of this property may consider a pre auction offer prior to the auction date. All auction conditions will remain the same for pre auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer s Premium, and the deposit. To make a pre auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre auction offer please contact us.

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS . Any stamp duty and or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations."