*IN THE ROOM AND LIVESTREAM*

To be sold via Public Auction on Thursday 16th May 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up and no need to pre-register. You can also register for telephone, proxy, internet bidding online.

passport.eigroup.co.uk/bidder-registration/loveitts

GUIDE PRICE: £230,000 to £250,000Investment opportunity - Terraced property comprising of 5 tenanted flats, with rent payable £35,700 p.a. Requiring some improvements, includes a cellar and rear yard. Accommodation extends over 3 floors. Popular location, approximately 1 mile from the City centre.NOTE Please see Legal Pack for Notice served by Coventry City Council relating to HMO Licensing.
ACCOMMODATION CELLAR

GROUND FLOOR

Flat 1

No Access

Flat 5

Lounge/bedroom/Kitchen: 13 ft 2 in max x 29 ft max

Shower room:

FIRST FLOOR

Flat 2

Lounge/Bedroom: 15 ft 3 in max x 18 ft 5 in max

Kitchen: 4 ft 8 in max x 7 ft 7 in max

Shower room:

Flat 3

Lounge/Bedroom: 11 ft 11 in max x 13 ft 2 in

Kitchen/diner: 15 ft 5 in max x 7 ft 5 in

Shower room

SECOND FLOOR

Flat 4

Lounge/Bedroom: 8 ft 8 in x 16 ft 10 in

Kitchen: 8 ft 2 in max x 6 ft 2 in max

Bathroom:
OUTSIDE Outside W.C.

Parking in street.
SERVICES Mains gas, electricity, water and sewage are supplied to the property, with solar panels on the roof. (No tests have been carried out and we are therefore unable to confirm connections.)
EPC RATING Flat 1 - C

Flat 2 - A

Flat 3 - D

Flat 4 - D

Flat 5 - D
COUNCIL TAX BAND All flats are band A
TENURE Freehold subject to tenancies.
TENANCIES Flat 1 - Assured Shorthold Tenancy

Term: 12 months from 08/09/2023

Rent payable: £525 p.c.m.

Flat 2 - Assured Shorthold Tenancy

Term: 12 months from 31/01/2024

Rent payable: £575 p.c.m.

Flat 3 - Assured Shorthold Tenancy

Term: 12 months from 07/12/2023

Rent payable: £700 p.c.m.

Flat 4 - Assured Shorthold Tenancy

Term: 12 months from 25/03/2022 (now rolling)

Rent payable: £525 p.c.m.

Flat 5 - Assured Shorthold Tenancy

Term: 12 months from 21/02/2024

Rent payable: £650 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,650 (£1,375 plus VAT)

Please see the legal pack for any further costs.Tenure: See Legal PackDisbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

This property is no longer available

Photos

Studio flat for sale