4 bedroom end of terrace house for sale
Key information
Property description & features
- In room and livestream auction
- Current rent payable £35,292 p.a.
- Tenanted investment opportunity.
- Freehold
- 4 lettable rooms
- Current HMO Licence (not transferable)
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 6th February 2025 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: £240,000 to £260,000
Tenanted investment opportunity. End terrace, 3 storey, property with 4 lettable rooms (3 currently let) all with their own bathrooms plus communal lounge and kitchen. Current rent payable £35,292 p.a. with potential to increase once fully let. HMO Licence until July 2026 (Not transferable)
ACCOMMODATION GROUND FLOOR
Hallway:
Room 1: 11 ft 1 in x 8 ft 1 in
Lounge: 12 ft 4 in x 11 ft 8 in
Kitchen: 15 ft 8 in x 6 ft
Shower room:
FIRST FLOOR
Room 2 with ensuite: 11 ft 7 in max x 10 ft 11 in
Room 3 with ensuite: 11 ft 9 in max x 9 ft 11 in
SECOND FLOOR
Room 4 with ensuite: 15 ft 4 in max x 11 ft 8 in max
OUTSIDE Front: Garden.
Rear: Garden.
On street parking.
SERVICES AND HEATING Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
Gas central heating.
EPC RATING - D
COUNCIL TAX BAND - A
TENURE Freehold subject to tenancies.
TENANCIES Room 1 - Vacant.
Room 2
Term: 3 months from 13/08/2024 (now rolling)
Rent payable: £650 p.c.m.
Room 3
Term: 40 days from 22/07/2023 (now rolling)
Rent payable: £966 p.c.m.
Room 4
Term: 6 months from 16/11/2024
Rent payable: £700 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyers Premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Places of interest
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Property reference 202412051458sq_cb35. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts - Auctions.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 5, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 20, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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