• flat
  • bedrooms

Property photos

Property description

*IN THE ROOM AND LIVESTREAM*



To be sold via Public Auction on Thursday 19th September 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ



Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.



GUIDE PRICE: £45,000 to £65,000Tenanted investment opportunity. 2 bedroom, first floor flat with electric heating and double glazing. Leasehold with approximately 39 years remaining. Current rent payable £7,200 p.a. circa 13% yield.ACCOMMODATION FIRST FLOOR

Kitchen: 11 ft 8 in max x 6 ft 8 in max

Lounge: 15 ft 2 in x 11 ft 8 in

Bedroom 1: 9 ft 10 in x 15 ft 7 in

Bedroom 2:8 ft 8 in x 11 ft 9 in

Bathroom:
OUTSIDE Communal gardens.

Parking: Communal parking.
SERVICES Mains electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
EPC RATING - C
COUNCIL TAX BAND - A
TENURE Leasehold subject to tenancy.

Term: 99 years commencing 25/01/1964

Ground rent: £15 p.a.

Ground rent review date: Please see Legal Pack for further information.

Service Charge: £110 p.c.m.

Service charge period: Please see Legal Pack for further information.
TENANCY Assured Shorthold Tenancy.

Term: 12 months from 25/03/2024

Rent payable: £600 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 PackDisbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Read more

Marketed by

Loveitts - Auctions 29 Warwick Row Coventry CV1 1DY Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Loveitts - Auctions. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Loveitts - Auctions for full details and further information.
2 bedroom flat for sale - powered by