To be sold via Public Auction on Thursday 19th September 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ
Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.
GUIDE PRICE: £45,000 to £65,000
Tenanted investment opportunity. 2 bedroom, first floor flat with electric heating and double glazing. Leasehold with approximately 39 years remaining. Current rent payable £7,200 p.a. circa 13% yield.
ACCOMMODATION FIRST FLOOR
Kitchen: 11 ft 8 in max x 6 ft 8 in max
Lounge: 15 ft 2 in x 11 ft 8 in
Bedroom 1: 9 ft 10 in x 15 ft 7 in
Bedroom 2:8 ft 8 in x 11 ft 9 in
Bathroom: OUTSIDE Communal gardens.
Parking: Communal parking. SERVICES Mains electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) EPC RATING - C COUNCIL TAX BAND - A TENURE Leasehold subject to tenancy.
Term: 99 years commencing 25/01/1964
Ground rent: £15 p.a.
Ground rent review date: to be confirmed.
Service Charge: £110 p.c.m.
Service charge period: to be confirmed. TENANCY Assured Shorthold Tenancy.
Term: 12 months from 25/03/2024
Rent payable: £600 p.c.m. ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Agent Details
Loveitts, Coventry - Auction
024 7542 7371
Next Steps?
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