Skip to main content

No longer on the market

This property is no longer on the market

0

1 bedroom property

Auction
Property
1 bed
100 sq ft / 9 sq m
EPC rating: E
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • 9 Flats
  • 2 Double Studios, 3 Single Studios, 4 x 1 Bedroom Flats
  • Investment Opportunity
  • Located in The Heart of Coventry
  • Freehold Title
FOR SALE BY AUCTION: Terms and conditions apply.

We are pleased to offer to auction this unique investment opportunity located in the heart of Coventry. A combination of 9 one bedroom & studio self-contained apartments. Located on Holyhead Road, the property is close to great transport links, Coventry University & Coventry City Centre - both within walking distance. We have been advised the property is currently generating an income of £80,820 per annum with some long-term tenants in situ at present, assured shorthold tenancies and regular bookings, this property is an ideal investment opportunity not to be missed.

The sale includes all fixtures and fittings as a going concern.

Please note that we have not inspected this property.

Rooms

Location
The subject property is well located along Holyhead Road. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 1.4 miles from Coventry city centre and approximately 20.8 miles from Birmingham city centre.

Accommodation
The property consists of: Front - Enclosed courtyard housing communal bins with screens, leading to front door with intercom buzzers. Hallway & landing - Original tiled floor, motion sensor lighting, and storage cupboard, with door leading to garden and stairs to 1st floor landing. Landing with doors to 6 - 8 and a communal coin operated washer/dryer. Stairs leading to top floor with doors to 9 - 10. Rear garden - Slabbed & gravelled area, fully enclosed, with shelter housing bike storage. No 1 - Large living/bedroom area with bay windows overlooking front of property, elfin kitchenette area with built in fridge & microwave oven. En-suite housing WC, basin and shower cubicle. EPC rating D. No 2 - Living/bedroom area with window overlooking path to rear garden, elfin kitchenette area with built in fridge & microwave oven. En-suite housing WC, basin and shower cubicle. EPC rating D No 3 - Living/bedroom area with window overlooking path to rear garden...

Council Tax
All flats are council tax band A.

Tenure
FREEHOLD. TITLE NUMBER: WM308115

EPC
Available upon request.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is
central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300
members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many
property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have... Show more
... Show more

See more properties like this

*Disclaimer and call rate information...