4 bedroom semi-detached house for sale
Key information
Property description & features
- In room and livestream auction
- Current rent payable £21,000 p.a.
- Tenanted investment opportunity
- Close to Coventry University
- Freehold investment
- Cira 10% yield
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 21st November 2024 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: £190,000 to £210,000
Tenanted investment opportunity. Semi-detached property with 4 let rooms (1 tenancy agreement). Benefits from gas central heating and double glazing. Located less than 1 mile to Coventry University, off Gulson Road. Current rent payable £21,000 p.a. circa 10% yield
ACCOMMODATION GROUND FLOOR
Hallway:
Room 1: 11 ft 11 in max x 12 ft 9 in max
Lounge: 10 ft 8 in x 11 ft 9 in
Kitchen: 11 ft 7 in max x 14 ft 5 in
Shower room:
FIRST FLOOR
Room 2: 10 ft 10 in x 11 ft 11 in max
Room 3: 8 ft 9 in x 10 ft 9 in
Room 4: 11 ft 9 in x 8 ft max
Bathroom:
OUTSIDE Front: Paved area.
Rear: Garden.
SERVICES 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.)
EPC RATING - C
COUNCIL TAX BAND - B
TENURE Freehold subject to tenancy.
TENANCY Assured Shorthold Tenancy
Term: 12 months commencing 01/09/2024
Rent payable: £1,750 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's 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
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*DISCLAIMER
Property reference 202309191704sq_4h3j_copy_2024-09-17_154712. 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.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 17, 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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
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 January 15, 2023 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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