• IN ROOM AND LIVESTREAM AUCTION +
• Leasehold +
• 2 bedrooms +
• Tenanted investment +
• Second floor +
• 16% yield +

IN THE ROOM AND LIVESTREAM AUCTION

To be sold via Public Auction on Thursday 26th March 2026 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 - £65,000 Tenanted investment opportunity. 2 bedroom second floor flat with balcony. Leasehold with 25 years remaining, located in the village of Allesley. Current rent payable £9,000 p.a., yield circa 15% p.a. an ideal investment opportunity. ACCOMMODATION SECOND FLOOR
Hallway:
Lounge/diner: 15 ft 8 in x 13 ft 1 in
Kitchen: 8 ft 10 in x 8 ft 5 in
Bedroom 1: 13 ft 11 in x 9 ft 11 in
Bedroom 2: 11 ft 11 in x 9 ft 5 in
Bathroom:
OUTSIDE Communal garden and store.

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
TENANCY Assured Shorthold Tenancy
Term: 12 months commencing 29/11/2021 (now rolling)
Rent payable: £750 p.c.m.
TENURE Leasehold with vacant possession.
Term: 99 years from 24th June 1951
Ground rent: £5.00 p.a
Service Charge: £300 for 6 months
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.