This property is no longer on the market
4 bedroom terraced house
Key information
Property description & features
- *This property is currently available – Please contact the Auctioneers to register your interest*
- PUBLIC AUCTION - in the room and livestream
- Circa 10% yield
- Tenanted investment opportunity
- Mid terrace
- Current rent payable £20,040 p.a.
- Requires redecoration
*This property is currently available – Please contact the Auctioneers to register your interest*
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 8th February 2024 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: £180,000 to £200,000
*This property is currently available – Please contact the Auctioneers to register your interest*
Tenanted investment opportunity. Mid terrace property with 4 let rooms, requiring redecoration, with HMO Licence (not transferable). Current rent payable £20,040 p.a., circa 10% yield.
ACCOMMODATION GROUND FLOOR
Hallway:
Room 1: 10 ft 11 in x 8 ft 6 in
Lounge: 13 ft 7 x 12 ft 2 in
Kitchen: 13 ft 6 in x 7 ft 5 in
Shower room:
FIRST FLOOR
Room 2: 13 ft 3 in x 10 ft 11 in
Room 3: 12 ft x 10 ft 3 in max
Room 4: 7 ft 7 in x 7 ft 8 in
Bathroom:
OUTSIDE Front: Paved area.
Rear: Garden.
EPC RATING - E
COUNCIL TAX BAND - A
TENURE Freehold subject to tenancies.
TENANCIES Assured Shorthold Tenancy
Room 1 and 2
Term: 6 months from 01/11/2023
Rent payable: £850 p.c.m.
Assured Shorthold Tenancy
Room 3 and 4
Term: 12 months from 25/09/2023
Rent: £820 p.c.m
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £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.
Places of interest
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*DISCLAIMER
Property reference 202312041249sq_u8zl. 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.
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Broadband availability and predicted speed: obtained from Ofcom on January 28, 2022
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 28, 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: obtained on August 4, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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