This property is no longer available
  • flat
  • bedrooms

Property photos

Property description

* This property has bee POSTPONED from the May Auction and will be offered in the July Auction*



*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 with 2 forms of ID (no need to pre-register) or register via our website for online, proxy or telephone bidding.



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



GUIDE PRICE: £70,000 to £90,000* This property has bee POSTPONED from the May Auction and will be offered in the July Auction*



Tenanted investment opportunity. 2 bedroom, first floor flat with electric heating and double glazing. Leasehold with approximately 90 years remaining. Current rent payable £7,200 p.a.



Section 42 - Extension to the length of the Lease

The Seller will at the expense of the Buyer serve a section 42 notice on the freeholder between exchange of contracts and completion should the Buyer request.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 (£1,200 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.
Read more

Coventry, West Midlands CV6 5GW

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Loveitts - Auctions. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Loveitts - Auctions for full details and further information.
2 bedroom flat for sale - powered by