Property
Key information
Features and description
- Rent per annum £68,280 (£5735 PCM)
- Single HMO Opportunity 27 Westminster Road & 15 Regent Street
- 18 Registered HMO Bedrooms
- Non structural repairs undertaken by tenant
- Multiple en-suite & separate bathrooms
We are pleased to offer to auction these two properties now co joined to create one spacious HMO, this prime location period investment sits within walking distance of the city centre and the train station. With eighteen bedrooms, many of which are en-suite, the property also presents a separate laundry and boiler room and two spacious kitchen areas (with another situated on the very top floor).
15 Regent Street and 27 Westminster Road are interlinked with one lease and HMO licence in place.
Currently let until October 2027 at £5735 per calendar month. The lease places only structural repairs as an obligation to the landlord.
Please note we have not inspected this property.
Rooms
Location
Just tucked South of the ring road (junction 7) and within very easy walking distance of local amenities this central location is very convenient for both Universities as well as the train station, Earlsdon and the city itself.
Often considered one of the most desirable suburbs in South Coventry, Earlsdon offers a wealth of local amenities as well as easy access to main roads and the train station. With well regarded primary schools within very easy reach, Earlsdon has always been a popular location for families.
The close proximity of the beautiful War Memorial Park and Spencer Park offer certain appeal with private tennis and golf clubs also situated within the suburb itself.
The train station, a 4-5 minute walk away from the address, allows an easy morning commute, sometimes in less than one hour to London Euston.
For dining and socializing, coffee shops, bars and restaurants abound.
With its own theatres, library and social club Earlsdon really do...
Accommodation
The property consists of eighteen bedrooms, many of which are en-suite, the property also presents a separate laundry and boiler room and two spacious kitchen areas (with another situated on the very top floor).
Tenure
Freehold. Title numbers WK74339 and WM188621.
Council Tax
Band G
EPC
Available Upon Request (Rating D).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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