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No longer on the market

This property is no longer on the market

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6 bedroom terraced house

Auction
Sold STC
Terraced house
6 beds
2 baths
1829
EPC rating: D
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Public auction - in the room and livestream * SOLD AT AUCTION - £269,000*
  • Part tenanted investment opportunity
  • 6 lettable rooms
  • 3 storey
  • Current rent payable £27,180 p.a circa 10% yield

* SOLD AT AUCTION - £269,000*

* IN THE ROOM AND LIVESTREAM*

To be sold via Public Auction on Thursday 9th February 2023 at 6:30pm Village 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: £255,000 to £275,000

* SOLD AT AUCTION - £269,000*

Part tenanted investment opportunity with 6 lettable rooms (notices to Vacate have been served). 3 storey mid terraced requiring some decoration, with gas central heating and double glazing. Within 0.8 miles of the City Centre and train station.
Current rent payable of £27,120 p.a circa 10% yield (with potential to increase once fully let).

ACCOMODATION GROUND FLOOR
Hallway:
Lounge: 17 ft 1 in max x 12 ft 1 in max
Kitchen/dining room: 18 ft 2 in x 9 ft 4 in
Utility room:
Shower room:
Room 1: 9 ft 9 in x 9 ft 7 in
FIRST FLOOR
Room 2 plus dressing area: 12 ft 1 in max x 10 ft 11 max
Room 3: 12 ft 9 in x 9 ft 7 in
Room 4: 9 ft 4 in x 8 ft 4 in
Bathroom:
Separate w.c:
SECOND FLOOR
Room 5: 15 ft 10 in max x 9 ft 2 in
Room 6: 10 ft 6 in x 9 ft 4 in
OUTSIDE Front: Paved area.
Rear: Garden with a decking area.
EPC RATING - D
COUNCIL TAX BAND - D
TENURE Freehold subject to tenancies.
TENANCIES Assured Shorthold Tenancy.
Room 1:
Term: 3 months commencing 22/04/2022 (Now rolling.)
Rent payable: £400 p.c.m.
Room 2:
Term: 3 months commencing 01/08/2021 (Now rolling.)
Rent payable: £480 p.c.m.
Room 3:
Term: 3 months commencing 25/10/2021 (Now rolling.)
Rent payable: £400 p.c.m.
Room 4:
Vacant.
Room 5:
Term: 3 months commencing 28/10/2021 (Now rolling.)
Rent payable: £550 p.c.m.
Room 6:
Term: 3 months commencing 28/10/2021 (now rolling)
Rent payable: £430 p.c.m.

NOTICE TO VACATE has been served on 16/01/23, for vacation after 16/03/2023 on all rooms.
ADDTIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs

Tenure: See Legal Pack

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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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