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No longer on the market

This property is no longer on the market

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3 bedroom terraced house

Auction
Sold STC
Terraced house
3 beds
1 bath
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent

Features and description

  • In the room and livestream *SOLD AT AUCTION - £141,000*
  • Tenanted investment opportunity
  • 3 tenancies
  • Rent payable £14,940 p.a. (gross)

Video tours

*SOLD AT AUCTION - £141,000*

*IN THE ROOM AND LIVESTREAM *

To be sold via Public Auction on Thursday 8th September 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: £120,000 to £140,000

*SOLD AT AUCTION - £141,000*

Tenanted investment. Mid terraced property comprising 3 tenanted flats, with a current rent payable of £14,940 p.a. gross, circa 12% Yield. Ground floor 1 bedroom flat plus 2 x studio flats to the first floor. 0.7 miles to Coventry College, ideal investment.

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

About this agent

Loveitts - Auctions
Loveitts - Auctions
Coventry CV1
024 7511 8826
Full profileProperty listings
Positioned in the heart of Coventry, Loveitts has proudly served the city since 1843, helping generations of homeowners successfully buy, sell, rent or let their property. From our offices in Warwick Row, our team of experts are on-hand to provide bespoke advice and valuable support for all matters relating to property, land, investments and professional advice. As Coventry and Warwickshire’s leading auctioneers, Loveitts also offers a comprehensive auction service, selling residential and commercial property, as well as land and development opportunities. Our business is built on a strong reputation that comes with over 175 years in business and we pride ourselves on helping our customers make the right property decision.
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