A five-bedroom HMO in Winchester will be auctioned.
Located at 92 Imber Road, the freehold property is listed with a guide price of £270,000 to £290,000 as part of Clive Emson Auctioneers’ September auction, which features 191 lots across southern England.
This marks the firm's largest auction by lot numbers in 13 years.
The property is currently let at £17,940 per year on a room-by-room basis but could achieve up to £29,580 per year if fully occupied.
Planning consent has been granted to convert the property into two separate flats.
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Whitegates Boarfield, in Over Wallop, is going under the hammer. (Image: Clive Emson Auctioneers) Elsewhere in Hampshire, a detached bungalow in Over Wallop is also going under the hammer, with a guide price of £400,000 to £450,000.
Joe Rocks, auction appraiser, said: "We have been instructed by trustees to auction Whitegates Boarfield, which stands on more than three-quarters of an acre in a semi-rural area and has a separate workshop and garage.
"With vacant possession, the bungalow is chalked for improvement or, subject to planning consents, redevelopment.
"Outside there are large gardens in need of cultivation with views to the east, south and west across neighbouring farmland.
"There is a large workshop/storage garage as well as a driveway and parking for multiple vehicles.
"Whitegates Boarfield is located close to the villages of Over Wallop and Middle Wallop, with Andover six miles to the north-east and Salisbury 10 miles to the south-west."
The online auction will close on Thursday, September 18, with bidding open for 48 hours prior to the deadline.
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