• IN ROOM AND LIVESTREAM AUCTION +
• 4 lettable rooms +
• Tenanted investment opportunity +
• Current rent £31,320 p.a. +
• 3 storey +
• Current HMO Licence until July 2026 (not transferable) +

IN THE ROOM AND LIVESTREAM

To be sold via Public Auction on Thursday 6th February 2025 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: £240,000 to £260,000 Tenanted investment opportunity. 3 storey, mid terrace property with 4 lettable rooms, (3 currently let). Each room has their own ensuite apart from room 1 which has a separate shower room. Current rent payable £31,320 p.a. with potential to increase once fully let. HMO licence until July 2026 (not transferable) ACCOMMODATION GROUND FLOOR
Hallway:
Room 1: 11 ft 1 in x 8 ft 2 in
Lounge: 12 ft x 11 ft 6 in
Kitchen: 13 ft 3 in x 6 ft 1 in
Shower room:
FIRST FLOOR
Room 2 with ensuite: 11 ft 7 in max x 11 ft 11 in
Room 3 with ensuite: 11 ft 7 in max x 9 ft 8 in
SECOND FLOOR
Room 4 with ensuite: 15 ft 3 in max x 11 ft 7 in max
OUTSIDE Front: Garden.
Rear: Garden and 2 x stores.
On street parking.
SERVICES AND HEATING 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.)

Gas central heating.
EPC RATING - D
COUNCIL TAX BAND - A
TENURE Freehold subject to tenancies.
TENANCY/TENANCIES Room 1
Term: 6 months from 16/11/2024
Rent payable: £685 p.c.m.
Room 2
Term: 4 months from 27/08/2022 (now Rolling)
Rent payable: £625 p.c.m.
Room 3 - Vacant
Room 4
Term: 2 months from 12/05/2024 (now rolling)
Rent payable: £650 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyers 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.