1 bed Flat For Sale £65,000
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 16th November 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 to £85,000
Tenanted investment opportunity. 1 bedroom 2nd floor flat with electric heating and double glazing. Leasehold with approximately 128 years remaining and current rent payable £4,740 p.a. with potential to increase.
ACCOMMODATION SECOND FLOOR
Hallway:
Lounge: 18 ft 10 in x 11 ft 11 in
Kitchen: 12 ft 3 in x 5 ft 5 in
Bedroom 1: 12 ft 5 in x 10 ft 9 in
Bathroom:
OUTSIDE Communal gardens and parking.
EPC RATING - D
COUNCIL TAX BAND - A
TENURE Leasehold subject to tenancy.
Term: 140 years commencing 29/09/2011
Ground rent: £78.13 p.a. (29/09/2023 to 28/09/2024)
Ground rent review date: Every 5 years, paid in advance on 29th September each year.
Service charge: £150 p.a.
Service charge period: to be confirmed
TENANCY Assured Shorthold Tenancy
Term: 60 months from 01/10/2020
Rent payable: £395 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
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
