2 bedroom apartment for sale

*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: £85,000 to £95,000

Tenanted investment opportunity, well presented 2 bedroom ground floor apartment with double glazing and electric heating, having allocated parking space. Located on the Canal Basin, on the outskirts of the City Centre. Leasehold with 161 years remaining. Current rent payable £8,400 p.a.

ACCOMMODATION GROUND FLOOR
Hallway:
Lounge: 16 ft 9 in max x 11 ft 7 in max
Kitchen: 10 ft 2 in x 7 ft 2 in
Bedroom 1: 10 ft 2 in x 9 ft 2 in
Bedroom 2: 13 ft 3 in max, 8 ft 3 in min x 9 ft 2 in max
Shower room:
OUTSIDE Communal area and allocated parking.
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 heating.
EPC RATING - C
COUNCIL TAX BANDING - B
TENURE Leasehold subject to tenancy.
Term: 189 years from 25 December 1997
Ground rent: £1 p.a.
Service charge: £1,140 p.a.
TENANCY Assured Shorthold Tenancy
Term: 6 months from 09/02/2018 (Now rolling)
Rent payable: £700 p.c.m
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyers premium: £2,400 (£2,000 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.