Studio for sale
Property description & features
- In the room and livestream
- Tenanted investment opportunity
- Studio apartment
- Own private access
*IN THE ROOM AND LIVESTREAM *
To be sold via Public Auction on Thursday 14th July 2022 at 6:30pm Village Urban Resort Hotel, Canley, Coventry CV4 9GZ
Just turn up and no need to pre-register. You can also register for telephone, proxy, internet bidding online.
GUIDE PRICE: £80,00 to £100,000
Tenanted investment opportunity. A self contained studio with private entrance located in Earlsdon, within close proximity to Spencer Park and approximately 1 mile to the City Centre. Current rent payable £6,600 p.a., circa 7% yield. Leasehold with approximately 82 years remaining.
ACCOMODATION GROUND FLOOR
Lounge/ Bedroom: 6 ft 3 in x 10 ft 11 in
Storage room: 3 ft 1 in x 7 ft 7 in
EPC RATING - E
COUNCIL TAX BANDING - A
TENURE Leasehold subject to tenancy.
Term: 99 years from January 2003
Ground rent: to be confirmed.
Service charge: to be confirmed.
TENANCY Assured Shorthold Tenancy
Term: 6 months from 17/02/2022
Rent payable: £550 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 Pack
Places of interest
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Property reference 202206211659sq_hee1. The information displayed about this property comprises a property advertisement. We Are The Market and 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 January 6, 2022
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 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 June 30, 2016 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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