4 bedroom terraced house for sale
Key information
Property description & features
- In room and livestream auction
- 4 lettable rooms
- Tenanted investment opportunity
- Current rent £31,320 p.a.
- 3 storey
- Current HMO Licence until July 2026 (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. 3 storey, mid terrace property with 4 lettable rooms, (3 currently let). Each room has their own ensuite apart from room 1 which has a separate shower room. Current rent payable £31,320 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 2 in
Lounge: 12 ft x 11 ft 6 in
Kitchen: 13 ft 3 in x 6 ft 1 in
Shower room:
FIRST FLOOR
Room 2 with ensuite: 11 ft 7 in max x 11 ft 11 in
Room 3 with ensuite: 11 ft 7 in max x 9 ft 8 in
SECOND FLOOR
Room 4 with ensuite: 15 ft 3 in max x 11 ft 7 in max
OUTSIDE Front: Garden.
Rear: Garden and 2 x stores.
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.
TENANCY/TENANCIES Room 1
Term: 6 months from 16/11/2024
Rent payable: £685 p.c.m.
Room 2
Term: 4 months from 27/08/2022 (now Rolling)
Rent payable: £625 p.c.m.
Room 3 - Vacant
Room 4
Term: 2 months from 12/05/2024 (now rolling)
Rent payable: £650 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
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 202412051458sq_cb35_copy_2024-12-05_150759. 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.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 5, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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 July 24, 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.