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3 bedroom detached house

Auction
Detached house
3 beds
1 bath
1313
EPC rating: D
Added > 14 days

Key information

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Council taxAsk agent
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Features and description

  • *postponed from the december auction*
  • Investment/Development opportunity
  • Detached property
  • Potential yield of Approximately 8%
  • Close proximity to Rugby town centre
  • Gas central heating
  • Currently tenanted
  • Planning permission to convert into 4 x 1 bedroom flats

*POSTPONED FROM THE DECEMBER AUCTION*


* IN THE ROOM AND LIVESTREAM*

To be sold via Public Auction on Thursday 8th December 2022 at 11:00am Walsall Football Club, Bescot Stadium, WS1 4SA

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/auction-house-midlands/75308

GUIDE PRICE: £435,000 plus

*POSTPONED FROM THE DECEMBER AUCTION*

Tenanted investment opportunity. Detached 3 bedroom property, currently let at £1,150 p.c.m, with planning permission for conversion into 4 x 1 bedroom flats. Located within a popular residential area with close proximity to Rugby town centre. Potential yield of approximately 8% once fully converted.

ACCOMMODATION GROUND FLOOR
Porch:
Hallway:
W.C.
Shower room:
Utility area:
Bedroom 1: 12 ft 2 in x 10 ft
Steps up to:
Bathroom:
Lounge: 15 ft 4 in x 13 ft 1 in
Kitchen: 15 ft 4 in x 10 ft 8 in
Stairs leading to
LOWER GROUND FLOOR
Bedroom 2: 14 ft 7 in x 6 ft 10 in
Bedroom 3: 13 ft 8 in max x 8 ft 1 in max
Bedroom 4/ lounge: 19 ft 10 in x 15 ft 4 in
OUTSIDE Front: Driveway and Double garage.
Rear: Garden.
EPC RATING - D
COUNCIL TAX BAND - D
PLANNING Planning was granted on 23/06/2022

"Proposed Ground floor extension and subdivision of existing property to form 4no. 1-bedroom flats"

Planning reference: R22/0605

For further information please contact:
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TENURE Freehold subject to tenancy.
TENANCY Assured Shorthold Tenancy
Term: 6 months commencing 08/08/2022
Rent payable: £1,150 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,650 (£1,375 plus VAT)
Buyer Premium: £2,400 (£2,000 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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