Studio Flat For Sale £55,000
** in the room and livestream**
To be sold via Public Auction on Thursday 9th February 2023 at 6:30pm Village 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: £55,000 to £75,000
Tenanted investment opportunity. First floor 1 bedroom apartment, with open plan living. Located in a popular residential area, within close proximity to Spencer Park and walking distance to Coventry train station. Leasehold with approximately 82 years remaining. Current rent payable £6,000 p.a Circa 9% yield.
Accommodation ground floor
Lounge/ Kitchen: 17 ft max x 11 ft
Bedroom: 10 ft 10 in x 5 ft 8 in
Shower room:
EPC rating - E
council tax band - A
tenure Leasehold subject to tenancy.
Term: 99 years from 1st January 2003
Ground rent: £40 p.a.
Service charge: N/A
tenancy Assured Shorthold Tenancy
Term: 6 months commencing 10/09/2022
Rent payable: £500 p.c.m
additional costs Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £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 9th February 2023 at 6:30pm Village 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: £55,000 to £75,000
Tenanted investment opportunity. First floor 1 bedroom apartment, with open plan living. Located in a popular residential area, within close proximity to Spencer Park and walking distance to Coventry train station. Leasehold with approximately 82 years remaining. Current rent payable £6,000 p.a Circa 9% yield.
Accommodation ground floor
Lounge/ Kitchen: 17 ft max x 11 ft
Bedroom: 10 ft 10 in x 5 ft 8 in
Shower room:
EPC rating - E
council tax band - A
tenure Leasehold subject to tenancy.
Term: 99 years from 1st January 2003
Ground rent: £40 p.a.
Service charge: N/A
tenancy Assured Shorthold Tenancy
Term: 6 months commencing 10/09/2022
Rent payable: £500 p.c.m
additional costs Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs
Tenure: See Legal Pack
