No longer on the market
This property is no longer on the market
Floorplan
Map2 bedroom ground floor maisonette
Key information
Features and description
- In room and livestream auction
- Garden to rear plus allocated parking
- 2 bedrooms
- Leasehold
- Ground floor maisonette
- Ideal investment opportunity
- Tenanted with current rent payable £9,540 p.a
To be sold via Public Auction on Thursday 10th July 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ
Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.
GUIDE PRICE: £75,000 to £95,000
Well presented, tenanted, 2 bedroom ground floor maisonette, with allocated parking to the side of the property. Leasehold with 56 years remaining. Current rent payable £9,540 p.a. with a yield circa 11%, within a popular residential area, an ideal investment opportunity.
ACCOMMODATION GROUND FLOOR
Porch:
Lounge: 15 ft 2 in max 12 ft 3 in max
Kitchen: 9 ft 2 in x 4 ft 8 in
Bedroom 1: 8 ft 10 in x 8 ft 8 in
Bedroom2 : 11 ft 10 in x 6 ft 11 in
Bathroom:
OUTSIDE Front: Stoned area.
Rear: Garden
Allocated parking.
SERVICES AND HEATING Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
Gas central heating.
EPC RATING - C
COUNCIL TAX BAND - A
TENURE Leasehold subject to tenancy.
Term: 99 years from 01/01/1982
Ground rent: £120 p.a.
Service charge: N/A
TENANCY Tenancy Agreement.
Term: 12 months commencing 01/05/2024
Rent: £795 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyers Premium: £900 (£750 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.
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