Silk Street
Sutton-In-Ashfield, NG17

£125,000
431
Jordan-B&W
Mansfield Office
Jordan Mariner
Call Us 01623 424616
Description

Description

Silk Street, Sutton-in-Ashfield – 4 Bedroom, 3 Bathroom HMO.

An exciting opportunity to purchase a well-presented, three-storey HMO in a strong rental area, offered via the Modern Method of Auction. With a guide price of £125,000, this part-tenanted property presents an excellent income-generating investment with potential to achieve £2,000+ PCM at full occupancy.

The accommodation comprises four well-proportioned bedrooms, two of which benefit from en-suite shower rooms, alongside a modern communal bathroom. A spacious open-plan kitchen and dining area provides a sociable, well-equipped living space, complemented by a ground floor external store room for added practicality.

The property is neutrally decorated throughout and features gas central heating, double glazing, and quality fittings, making it ready for tenants with minimal ongoing maintenance. Three rooms are currently let, providing immediate income, and the final room is vacant and ready to be marketed.

Silk Street is conveniently located within easy walking distance of Sutton-in-Ashfield town centre, with excellent access to local shops, amenities, and transport links including the M1 and A38. The area enjoys strong rental demand, particularly from working professionals and commuters.

This property is for sale via the Modern Method of Auction. Terms and conditions apply, including a non-refundable reservation fee. Please contact us for further details or to arrange a viewing.

Guide Price: £125,000
Tenure: Freehold
Licenced HMO
Potential Gross Income: £2,000+ PCM when fully let

 

 

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

 

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

 

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

 

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

 

EPC rating: D. Council tax band: X,

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