Studio Flat For Sale £110,000
** 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: £110,000 to £130,000
Tenanted investment opportunity. The property comprises of 2 flats with a current rent payable of £13,500, Yield circa 11% p.a. With a 2 bedroom to the ground floor and 2 bedroom duplex flat, to the first and second floor, each with their own access.
The Auctioneers have not inspected the property.
Accommodation The accommodation is understood to be:
(The auctioneers have been unable to verify this information.)
Ground floor flat
Kitchen/ Diner:
Lounge:
Bathroom:
Bedroom 1:
Bedroom 2:
First floor flat
Separate access.
Lounge:
Kitchen:
Bedroom 1:
Bathroom:
Stairs leading to:
Bedroom 2:
Outside Yard to the rear.
EPC rating Ground floor flat - D
First floor flat - to be confirmed.
Council tax band Ground floor flat - A
First floor flat - A
tenure Freehold subject to tenancy.
Tenancies ground floor flat
Assured Shorthold Tenancy
Term: 6 months commencing 05/10/2021
Rent payable: £715 p.c.m (Now rolling)
(Tenant has only paid £675 p.c.m. Is currently in arrears and has not paid since 08/2022)
Notice served to vacate on 03/10/2022
First floor flat
Assured Shorthold Tenancy
Term: 6 months commencing 07/02/2018 (Now rolling)
Rent payable: £415 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.
Viewings There are no viewings available on this property.
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: £110,000 to £130,000
Tenanted investment opportunity. The property comprises of 2 flats with a current rent payable of £13,500, Yield circa 11% p.a. With a 2 bedroom to the ground floor and 2 bedroom duplex flat, to the first and second floor, each with their own access.
The Auctioneers have not inspected the property.
Accommodation The accommodation is understood to be:
(The auctioneers have been unable to verify this information.)
Ground floor flat
Kitchen/ Diner:
Lounge:
Bathroom:
Bedroom 1:
Bedroom 2:
First floor flat
Separate access.
Lounge:
Kitchen:
Bedroom 1:
Bathroom:
Stairs leading to:
Bedroom 2:
Outside Yard to the rear.
EPC rating Ground floor flat - D
First floor flat - to be confirmed.
Council tax band Ground floor flat - A
First floor flat - A
tenure Freehold subject to tenancy.
Tenancies ground floor flat
Assured Shorthold Tenancy
Term: 6 months commencing 05/10/2021
Rent payable: £715 p.c.m (Now rolling)
(Tenant has only paid £675 p.c.m. Is currently in arrears and has not paid since 08/2022)
Notice served to vacate on 03/10/2022
First floor flat
Assured Shorthold Tenancy
Term: 6 months commencing 07/02/2018 (Now rolling)
Rent payable: £415 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.
Viewings There are no viewings available on this property.
Tenure: See Legal Pack
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