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Thrumpton Lane, Retford

Thrumpton Lane

Retford

guide price

£162,000

Tenure: Freehold

Ref: RFD110410

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Sale by modern auction (t&cs apply)
Subject to an undisclosed reserve price
Buyers fees apply
**attention investors***
Fully licensed hmo for 6 people
Five bedrooms plus a self contained studio

monthly mortgage estimate

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**OPEN DAY FRIDAY 27TH FEBRURY** 1PM - 3PM** PLEASE CALL THE OFFICE ON 01777 704248 TO SECURE YOUR SLOT** Fully tenanted 5 Bedroom HMO - Excellent rental yield, £26,100 Per Annum!

Council Tax Band: A

Tenure: Freehold

floor plans

in detail

**ATTENTION INVESTORS** An excellent opportunity to acquire this fully licensed HMO for six people. This 4 bedroom plus one studio HMO currently achieves £2175 per calendar month.

Positioned on in a popular and well served area within close proximity to Retford town centre which offers a wealth of facilities including supermarkets, shops, boutiques, popular restaurants and pubs and even a monthly farmers market which offer local produce for sale in the busy market square. There is also an award winning town park, Kings Park which has both the River Idle and the chesterfield canal running through it as well as a children's play park, rose garden, small café and bowling green
For those who wish to commute there is a rail link to London from Retford rail station in just 1hr 25 minutes as well as many other major UK cities. The A1 motorway is accessed in under 5 miles.

Auctioneer's Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall

Dining Kitchen

Ground Floor Bedroom

Current rental £435.00 per calendar month

Ground Floor Studio

Current rent £510.00 PCM - With its own entrance and comprising of a bedroom, kitchen area and ensuite.

First Floor

Bedroom Three

Current rental £390.00 per calendar month

Bedroom Four

Current rental £410.00 per calendar month

Bedroom Five

Current rental £430.00 per calendar month

Communal Bathroom

Yard

Gated rear yard with a gravelled seating area.

External W.C.

W.C. and a wash hand basin (not currently connected)

Utilities, rights & restrictions

Utility supply:

Electric Ask agent
Water Ask agent
Heating Ask agent
Broadband Ask agent
Sewerage Ask agent

Rights and restrictions:

Private rights of way Ask agent
Public rights of way Ask agent
Listed property Ask agent
Restrictions Ask agent

Risks:

Flooded in last 5 years Ask agent
Flood defences Ask agent
Source of flood Ask agent

location

get directions to the property to the branch

energy efficient rating

Monthly mortgage estimate

Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.

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Mortgage enquiry

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Interested in this property?

William H Brown, Estate Agent in Retford

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10-12 Grove Street
RETFORD
Nottinghamshire
DN22 6JR

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.