1 bed Flat For Sale £64,000
**livestream, online auction**
To be sold via unconditional online Auction on Tuesday 7th September 2021 at 6:30 pm
To view legal pack and to register to bid please visit our website
guide price: £64,000 to £74,000
This will be a Livestream auction. Bidding will be available by either telephone or online bidding. If you wish to bid, please follow the link below to register online.
Tenanted investment opportunity. 1 bedroom ground floor flat with gas central heating and double glazing. Located with 1/4 miles of Coventry City Centre. Current rent payable £5,400 p.a. Achieving a yield of 9%
Accommodation
Ground floor
Hallway:
Lounge: 13 ft 4 max x 12 ft 5 in max
Kitchen area: 9 ft 4 in x 4 ft
Bedroom: 10 ft 7 in x 12 ft 6 in
Bathroom:
Outside
Communal paved area to the rear.
EPC Rating - D
Tenure
Leasehold subject to tenancy.
Term: 99 years from 1st March 2021
Ground rent: £100 p.a.
Service charge: £200 p.q.
Tenancy
Assured Shorthold Tenancy
Term: 6 months from 219st December 2020 (now rolling)
Rent payable: £450 p.c.m.
Additional Costs
Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs
To be sold via unconditional online Auction on Tuesday 7th September 2021 at 6:30 pm
To view legal pack and to register to bid please visit our website
guide price: £64,000 to £74,000
This will be a Livestream auction. Bidding will be available by either telephone or online bidding. If you wish to bid, please follow the link below to register online.
Tenanted investment opportunity. 1 bedroom ground floor flat with gas central heating and double glazing. Located with 1/4 miles of Coventry City Centre. Current rent payable £5,400 p.a. Achieving a yield of 9%
Accommodation
Ground floor
Hallway:
Lounge: 13 ft 4 max x 12 ft 5 in max
Kitchen area: 9 ft 4 in x 4 ft
Bedroom: 10 ft 7 in x 12 ft 6 in
Bathroom:
Outside
Communal paved area to the rear.
EPC Rating - D
Tenure
Leasehold subject to tenancy.
Term: 99 years from 1st March 2021
Ground rent: £100 p.a.
Service charge: £200 p.q.
Tenancy
Assured Shorthold Tenancy
Term: 6 months from 219st December 2020 (now rolling)
Rent payable: £450 p.c.m.
Additional Costs
Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs
