1 bedroom maisonette

One-bedroom first-floor maisonette located in a quiet cul-de-sac in the heart of Canley, Coventry. Positioned within close proximity to local amenities, public transport links, and Warwick University, this property presents an ideal investment or first-time buyer project.

The maisonette comprises a private entrance, spacious lounge, double bedroom, kitchen, and bathroom. The property is vacant, offering a blank canvas for buyers looking to add value and personalise to their own taste.

Externally, the property benefits from communal gardens and ample on-street parking.

This property offers an attractive gross rental yield of approximately 11%, based on a monthly rental income of £800 pcm factoring in the purchase price and refurbishments that maybe required, making it an excellent investment opportunity for landlords.

Leasehold Information

Lease Length: 90 Years Remaining

Service Charge: £619 Per Annum

Ground Rent: £10 Per Annum

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under 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 Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

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 of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.

These prices are subject to change.