Lot 3 - 22 & 23, Scotch Street, Whitehaven, Cumberland, CA28 7NL
- Unconditional Online Auction Sale
- Guide Price* : £350,000
- Bedrooms: 8
- Bathrooms: 4
- Reception Rooms: 3
Description
Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 15th May 2025 this superb investment, consisting of three HMO properties.
The extremely well-presented, high end finish properties consist of three terraces, X2 two bedrooms and X1 four bedroom. All are fully let HMOs with an annual income of £53,000 per annum or a gross yield of 15.14% on the advertised Guide Price.
Each property briefly comprises:
11 Sandhills Lane – to ground floor, hallway with staircase to first floor, communal lounge, fully fitted kitchen and shower room WC. Landing space with staircase to 2nd floor and bedroom 1 (double) and bedroom 2 (double) to first floor.
22 Scotch Street – vestibule entrance, large communal lounge diner, inner hallway with storage cupboard and staircase to first floor and communal fitted kitchen concludes the ground floor. Landing space with bedrooms 1 & 2 (both doubles) and white bathroom WC. To the 2nd floor is a landing space, shower room WC and bedrooms 3 & 4 (both doubles).
23 Scotch Street – to ground floor is a large communal lounge area with staircase to first floor and fitted kitchen to rear. To first floor is a landing space with staircase to 2nd floor, bedroom 1 (double) and shower WC, to 2nd floor is a landing space, bedroom 2 (double) and additional study/ storeroom.
This is an exciting, readymade BTL investment and an internal viewing is considered essential to appreciate this fantastic opportunity. Viewings are strictly by appointment only.
EPC rating C, C & D.
For more information, please contact Moovd directly.
11 Sandhills Lane -
Hall -
Lounge - 3.10m x 2.76m (10'2" x 9'0") -
Kitchen - 3.69m x 2.30m (12'1" x 7'6") -
Shower Room Wc -
Landing -
Bedroom 2 - 3.93m x3.56m (12'10" x11'8") - Let at £541 PCM
Bedroom 1 - 4.51m x 3.76m (14'9" x 12'4") - Let at £563 PCM
22 Scotch Street -
Vestibule -
Lounge Diner - 4.18m x 2.98m (13'8" x 9'9") -
Hall -
Kitchen - 3.70m x 2.37m (12'1" x 7'9") -
1st Floor Landing -
Bathroom Wc -
Bedroom 1 - 4.15m x 3.16m (13'7" x 10'4") - Let at £541 PCM
Bedroom 2 - 3.50m x 3.92m (11'5" x 12'10") - Let at £563 PCM
2nd Floor Landing -
Shower Room Wc -
Bedroom 3 - 4.12m x 3.10m (13'6" x 10'2") - Let at £520 PCM
Bedroom 4 - 4.20m x 2.43m (13'9" x 7'11") - Let at £585 PCM
23 Scotch Street -
Lounge - 3.94m x 3.72m (12'11" x 12'2") -
Kitchen - 2.76m x 2.03m (9'0" x 6'7") -
1st Floor Landing -
Bedroom 2 - 2.23m x 3.01m (7'3" x 9'10") - Let at £541 PCM
Shower Room Wc -
2nd Floor Landing -
Bedroom 1 - 3.09m x 3.05m (10'1" x 10'0") - Let at £563 PCM
Study/ Store - 2.48m x 2.28m (8'1" x 7'5") -
Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.
Option A - Online Unconditional Auction:
The above property is offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
Council Tax Band
C
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
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- Option A - Moovd General Terms & Conditions – Online Unconditional Auction
- Option A - Moovd Amendments to Common Auction Conditions – Online Unconditional Auction
- Option A - Moovd Common Auction Conditions– Online Unconditional Auction
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