No longer on the market
This property is no longer on the market
Map2 bedroom flat
Key information
Features and description
- * sold at auction £90,500 *
- In room and livestream auction
- Circa 16% yield
- 2 bedrooms
- Allocated parking space
- 2 bathrooms
- Leasehold
* SOLD AT AUCTION - £90,500 *
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 15th May 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: £70,000 to £80,000
* SOLD AT AUCTION - £90,500 *
Tenanted, 2 bedroom first floor apartment with balcony and allocated parking space. Leasehold with 135 years remaining. Well presented with open plan kitchen/lounge area, plus 2 bathrooms. Current rent payable £12,240 p.a. circa 16% yield. Ideal investment opportunity.
ACCOMMODATION FIRST FLOOR
Hallway:
Lounge area with balcony:12 ft 2 in x 11 ft 8 in
Kitchen: 8 ft 10 in x 6 ft 4 in
Bedroom 1 plus ensuite: 11 ft 9 in x 9 ft 11 in
Bedroom: 9 ft 10 in x 7 ft 11 in
Bathroom:
OUTSIDE Allocated parking space
SERVICES AND HEATING Mains electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
Electric central heating.
EPC RATING - C
COUNCIL TAX BAND - B
TENURE Leasehold subject to tenancy.
Term: 155 years from 01/11/2005
Ground rent: £180 p.a.
Service Charge: £1,886 p.a.
Service charge period: 01/07/2024-30/06/2025
TENANCY Assured Shorthold Tenancy.
Term: 6 months commencing 15/02/2025
Rent: £1,020 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyers Premium: £1,440 (£1,200 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.
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