No longer on the market
This property is no longer on the market
Floorplan
Map3 bedroom flat
Key information
Features and description
- In the room and livestream
- Tenanted investment opportunity
- 3 tenancies
- Rent payable £14,940 p.a. (gross)
Video tours
* This property remains available and open to offers following the auction on 14th July 2022. Please contact the auctioneers for further details. *
*IN THE ROOM AND LIVESTREAM *
To be sold via Public Auction on Thursday 14th July 2022 at 6:30pm Village Urban Resort 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: £140,000 to £160,000
* This property remains available and open to offers following the auction on 14th July 2022. Please contact the auctioneers for further details. *
Tenanted investment opportunity comprising of 3 flats, current rent payable £14,940 p.a. (gross) circa 11% yield (gross). Ground floor 1 bedroom flat plus 2 x studios on the first floor.
ACCOMMODATION GROUND FLOOR (Flat 1)
Lounge: 7 ft 7 in max x 11 ft 11 in
Bedroom: 12 ft 2 in x 11 ft 1 in max
Kitchen: 7 ft 5 in x 5 ft 10 in max
Bathroom:
FIRST FLOOR
Flat 2 with en-suite shower room: 11 ft 1 in max x 11 ft 1 in max
Flat 3 with en-suite shower room: 11 ft 1 in max x 12 ft 5 in max
OUTSIDE Front: Paved area.
Rear: Garden.
EPC RATINGS Flat 1: D
Flat 2: F
Flat 3: E
COUNCIL TAX BAND Flat 1: A
Flat 2: A
Flat 3: A
TENURE Freehold subject to tenancies.
TENANCIES Flat 1:
Assured Shorthold Tenancy
Term: 12 months commencing 27/10/2021
Rent payable: £495 p.c.m.
Flat 2:
Assured Shorthold Tenancy
Term: 6 months commencing 6/11/2021 (now rolling)
Rent payable: £375 p.c.m.
Flat 3:
Assured Shorthold Tenancy
Term: 6 months commencing 01/04/2021 (now rolling)
Rent payable: £375 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
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