5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- FOR SALE BY AUCTION. 15th May 2024. UNLESS SOLD PRIOR,
- SUBJECT TO All AUCTION CONDITIONS, AS PER THE LEGAL PACK.
- Auction Finance Available By Request.
- Auction legal pack available by request.
- Ideal for owner occupiers and investors.
- Viewings: By appointment. Friday 3rd May 2024
- Vacant Possession
- Excellent Location
- Fully licensed HMO
- Previously fully let at £2,000 per month/ £24,000 a year, 11% gross yield.
Freehold middle terrace house. Full HMO license. (previously fully let, £24,000 per annum) Ideal investment property. Excellent location. Vacant possession.
ACCOMMODATION:
Ground floor: Entrance hall, WC, kitchen, reception, en suite bedroom, garden.
First floor: Two en suite rooms
Top floor: Two en suite rooms.
LOCATION:
Coventry is a cathedral city and metropolitan borough in the West Midlands county, in England, on the River Sherbourne. Coventry had been a large settlement for centuries. Founded in the early Middle Ages, its city status was formally recognised in a charter of 1345.[8] The city is governed by Coventry City Council. It is the second largest city in the West Midlands region, after Birmingham, from which it is separated by an area of green belt known as the Meriden Gap; it is the third largest in the wider Midlands after Birmingham and Leicester. Coventry is 19 miles (31 km) east-south-east of Birmingham, 24 miles (39 km) south-west of Leicester, 10 miles (16 km) north of Warwick and 94 miles (151 km) north-west of London.
VIEWING:
By appointment Friday 3rd May
TENURE:
Freehold.
AUCTION DATE:
Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Wednesday 15th May 2024.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
Places of interest
See more properties like this:
*DISCLAIMER
Property reference CCM-77199303. 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 Connect UK Auctions - Crawley.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 17, 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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 8, 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 December 18, 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.