2 bed Flat For Sale £65,000
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 14th September 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.
passport.eigroup.co.uk/bidder-registration/loveitts
GUIDE PRICE: £65,000 - £85,000
Tenanted investment opportunity (Tenants have given notice to vacate on 25th August 2023). 2 bedroom first floor apartment with gas central heating, requiring some updating. Located within a popular residential area, approximately 1 mile to Jaguar Land Rover. Current rent payable £7,560 p.a. Leasehold with approximately 87 years remaining.
ACCOMMODATION FIRST FLOOR
Hallway:
Lounge: 21 ft 2 in x 10 ft 5 in
Kitchen: 10 t 4 in x 7 ft 1 in
Bedroom 1: 11 ft 10 in x 10 ft 6 in
Bedroom 2: 12 ft 2 in x 10 ft 4 in
Bathroom:
OUTSIDE Communal gardens.
EPC RATING - D
COUNCIL TAX BAND - B
TENURE Leasehold subject to tenancy.
Term: 125 years commencing 25/03/1985
Ground rent: £25 p.a.
Ground rent charge period: 25/03/23 to 24/03/24
Service charge: £330 p.q.
Service charge period: 24/06/2023 to 28/09/2023
TENANCY Assured Shorthold Tenancy
Term: 12 months from 25/04/2022 (Now rolling)
Rent payable: £630 p.c.m.
Tenants have given notice to vacate on 25th August 2023
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
