Studio Flat For Sale £120,000
**in the room and livestream **
To be sold via Public Auction on Thursday 8th September 2022 at 6:30pm Village Urban Resort Hotel, Canley, Coventry CV4 9GZ
Just turn up and no need to pre-register. You can also register for Telephone, proxy, internet bidding online.
Guide price: £120,000 to £140,000
Tenanted investment. Mid terraced property comprising 3 tenanted flats, with a current rent payable of £14,940 p.a. Gross, circa 12% Yield. Ground floor 1 bedroom flat plus 2 x studio flats to the first floor. 0.7 miles to Coventry College, ideal investment.
Accommodation ground floor (Flat 1)
Lounge: 7 ft 7 in max x 11 ft 11 in
Bedroom: 12 ft 2 in x 11 ft 1 in max
Kitchen: 7 ft 5 in x 5 ft 10 in max
Bathroom:
First floor
Flat 2 with en-suite shower room: 11 ft 1 in max x 11 ft 1 in max
Flat 3 with en-suite shower room: 11 ft 1 in max x 12 ft 5 in max
outside Front: Paved area.
Rear: Garden.
EPC ratings Flat 1: D
Flat 2: F
Flat 3: E
council tax band Flat 1: A
Flat 2: A
Flat 3: A
tenure Freehold subject to tenancies.
Tenancies Flat 1:
Assured Shorthold Tenancy
Term: 12 months commencing 27/10/2021
Rent payable: £495 p.c.m.
Flat 2:
Assured Shorthold Tenancy
Term: 6 months commencing 6/11/2021 (now rolling)
Rent payable: £375 p.c.m.
Flat 3:
Assured Shorthold Tenancy
Term: 6 months commencing 01/04/2021 (now rolling)
Rent payable: £375 p.c.m.
Additional costs Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
To be sold via Public Auction on Thursday 8th September 2022 at 6:30pm Village Urban Resort Hotel, Canley, Coventry CV4 9GZ
Just turn up and no need to pre-register. You can also register for Telephone, proxy, internet bidding online.
Guide price: £120,000 to £140,000
Tenanted investment. Mid terraced property comprising 3 tenanted flats, with a current rent payable of £14,940 p.a. Gross, circa 12% Yield. Ground floor 1 bedroom flat plus 2 x studio flats to the first floor. 0.7 miles to Coventry College, ideal investment.
Accommodation ground floor (Flat 1)
Lounge: 7 ft 7 in max x 11 ft 11 in
Bedroom: 12 ft 2 in x 11 ft 1 in max
Kitchen: 7 ft 5 in x 5 ft 10 in max
Bathroom:
First floor
Flat 2 with en-suite shower room: 11 ft 1 in max x 11 ft 1 in max
Flat 3 with en-suite shower room: 11 ft 1 in max x 12 ft 5 in max
outside Front: Paved area.
Rear: Garden.
EPC ratings Flat 1: D
Flat 2: F
Flat 3: E
council tax band Flat 1: A
Flat 2: A
Flat 3: A
tenure Freehold subject to tenancies.
Tenancies Flat 1:
Assured Shorthold Tenancy
Term: 12 months commencing 27/10/2021
Rent payable: £495 p.c.m.
Flat 2:
Assured Shorthold Tenancy
Term: 6 months commencing 6/11/2021 (now rolling)
Rent payable: £375 p.c.m.
Flat 3:
Assured Shorthold Tenancy
Term: 6 months commencing 01/04/2021 (now rolling)
Rent payable: £375 p.c.m.
Additional costs Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
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