This property is no longer on the market
Block of apartments
Key information
Property description & features
- PUBLIC AUCTION - Live in room and Livestream
- Residential investment opportunity
- 4 Self contained flats (1 x vacant)
- 3 floors plus basement
- Current income £18,600 p.a. (increased when fully let)
- Popular Coundon location
* This property remains available and open to offers following the auction on 3rd November 2022. Please contact the auctioneers for further details. *
* IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 3rd November 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: £260,000 to £280,000
* This property remains available and open to offers following the auction on 3rd November 2022. Please contact the auctioneers for further details. *
Investment opportunity, part tenanted 3 storey double bayed end terrace property plus basement. Comprising of 4 self contained flats with gas central heating and double glazing. Located within a popular residential area with current rent payable £18,600 pa, with potential to increase once fully let.
ACCOMMODATION Flat 1 (Ground floor)
Lounge: 15 ft 10 in x 12 ft 4 in max
Bedroom: 13 ft 2 in x 7 ft 4in max
Kitchen/Diner (basement): 11 ft 3 in max x 13 ft 8 in max
Shower room (basement):
Flat 2 (Ground floor):
Lounge/Bedroom: 8 ft 5 in x 12 ft 9 in max
Kitchen: 5 ft 9 in max by 8 ft max
Shower room:
Flat 3 (First floor):
Bedroom/Lounge/Kitchen: 15 ft 1 in max x 8 ft 5 in
Bathroom:
Flat 4 (First floor & Second floor):
Bedroom 1: 14 ft 1 in max x 10 ft 4 in
Bedroom 2: 15 ft 6 in max x 8 ft 2 in max
Bedroom 3: 6 ft 6 in x 10 ft 1 in
Lounge: 14 ft 2 in x 11 ft 1 in
Kitchen: 7 ft 10 in max x 9 ft 1 max
Shower Room:
OUTSIDE Front: Paved.
Rear: Garden.
EPC RATING - Flats 1, 2, 3 & 4 - D
COUNCIL TAX BAND - Flats 1, 2, 3 & 4 - A
TENURE Freehold subject to tenancies.
TENANCIES - Assured Shorthold Tenancies FLAT 1
Term: 12 months commencing 01/07/2021 (now rolling)
Rent payable: £500 p.c.m
FLAT 2
Term: 12 months commencing 01/07/2021 (now rolling)
Rent payable: £350 p.c.m
FLAT 3 - Vacant
FLAT 4
Term: 12 months from 01/07/2021 (now rolling)
Rent payable: £700 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
Places of interest
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*DISCLAIMER
Property reference 202209241220sq_yizv. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts - Auctions.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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