• IN ROOM AND LIVESTREAM AUCTION +
• Current rent payable £21,000 p.a. +
• Tenanted investment opportunity +
• Close to Coventry University +
• Freehold investment +
• Cira 10% yield +

IN THE ROOM AND LIVESTREAM

To be sold via Public Auction on Thursday 21st November 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: £190,000 to £210,000 Tenanted investment opportunity. Semi-detached property with 4 let rooms (1 tenancy agreement). Benefits from gas central heating and double glazing. Located less than 1 mile to Coventry University, off Gulson Road. Current rent payable £21,000 p.a. circa 10% yield ACCOMMODATION GROUND FLOOR
Hallway:
Room 1: 11 ft 11 in max x 12 ft 9 in max
Lounge: 10 ft 8 in x 11 ft 9 in
Kitchen: 11 ft 7 in max x 14 ft 5 in
Shower room:
FIRST FLOOR
Room 2: 10 ft 10 in x 11 ft 11 in max
Room 3: 8 ft 9 in x 10 ft 9 in
Room 4: 11 ft 9 in x 8 ft max
Bathroom:
OUTSIDE Front: Paved area.
Rear: Garden.
SERVICES Mains gas, 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 - B
TENURE Freehold subject to tenancy.
TENANCY Assured Shorthold Tenancy
Term: 12 months commencing 01/09/2024
Rent payable: £1,750 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £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.