House For Sale £130,000
*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: £130,000 to £150,000
Tenanted investment opportunity. End terrace property with 3 let rooms with HMO licence (not transferable) requiring improvements. Located approximately 1 mile to Coventry University. Current rent payable £15,000 p.a. Circa 11% yield.
ACCOMMODATION GROUND FLOOR
Room 1: 15 ft 6 in max x 12 ft 3 in
Lounge: 12 ft 4 in x 12 ft 2 in max
Kitchen: 12 ft 8 in max x 8 ft 10 in max
Bathroom:
FIRST FLOOR
Bedroom 1 with sink: 12 ft 5 in x 12 ft 2 in max
Bedroom 2 with en-suite: 15 ft 5 in x 11 ft max
OUTSIDE Front: Garden.
Rear: Garden.
EPC RATING - E
COUNCIL TAX BAND - A
TENURE Freehold subject to tenancy.
TENANCY Assured Shorthold Tenancy.
Term: 8 months from 03/05/2023
Rent payable: £1,250 p.c.m.
Notice has been given by the tenant to vacate 3 January 2024
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.