House For Sale £180,000
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 8th February 2024 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: £180,000 to £200,000
Tenanted investment opportunity. Mid terrace property with 4 let rooms, requiring redecoration, with HMO Licence (not transferable). Current rent payable £20,040 p.a., circa 10% yield.
ACCOMMODATION GROUND FLOOR
Hallway:
Room 1: 10 ft 11 in x 8 ft 6 in
Lounge: 13 ft 7 x 12 ft 2 in
Kitchen: 13 ft 6 in x 7 ft 5 in
Shower room:
FIRST FLOOR
Room 2: 13 ft 3 in x 10 ft 11 in
Room 3: 12 ft x 10 ft 3 in max
Room 4: 7 ft 7 in x 7 ft 8 in
Bathroom:
OUTSIDE Front: Paved area.
Rear: Garden.
EPC RATING - E
COUNCIL TAX BAND - A
TENURE Freehold subject to tenancies.
TENANCIES Assured Shorthold Tenancy
Room 1 and 2
Term: 6 months from 01/11/2023
Rent payable: £850 p.c.m.
Assured Shorthold Tenancy
Room 3 and 4
Term: 12 months from 25/09/2023
Rent: £820 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
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
