**online auction**
To be sold via unconditional online Auction on Tuesday 15th June 2021
(visit ).
Bidding opens: 13:00 on Monday 14th June 2021
auction ends: 13:00 on Tuesday 15th June 2021
guide price: £350,000
Unique investment opportunity. Fully tenanted and licenced HMO. 5 bedrooms (plus ensuites) with rent payable of £31,500 p.a. Gross 8% yield. Within half a mile of Cannon Park Shopping Centre. And Warwick University. Well presnted.
Accommodation
Ground floor
Hallway:
Room 1 plus en suite: 12 ft 8 in x 8 ft 10 in
Communal Kitchen: 14 ft 6 in max x 15 ft 10 in
Room 2 plus en suite: Not inspected.
First floor
Room 3 plus en suite: 11 ft 8 in x 9 ft 10 in
Room 4 plus en suite: 12 ft 1 in 9 ft 10 in
Second floor
Room 5 plus en suite: 16 ft 5 in max x 11 ft 7 in
Outside
Front: Garden and driveway.
Rear: Paved garden.
EPC Rating - C
Tenure
Freehold subject to tenancy.
Tenancy
Assured Shorthold Tenancy.
Term: 12 months commencing 10th September 2020
Rent payable: £2,626 p.a.
Additional Costs
Administration Fee: £1,650 (£1,375 plus VAT)
Please see the legal pack for any further costs.