4 bedroom end of terrace house for sale
Key information
Features and description
- In room and livestream auction
- 2 x studio flats
- Tenanted investment opportunity
- 2 x bedsits
- Current rent payable £15,600 p.a
- Freehold
*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: £160,000 to £180,000
Part tenanted investment opportunity. End terrace property consisting of 2 x self-contained studio flats and 2 x bedsits with communal bathroom. The property requires redecoration and benefits from electric heating and double glazing. It is located on the corner of Stoney Stanton Road and Station Street East. Current rent payable £15,600 p.a. with potential to increase once fully let.
ACCOMMODATION GROUND FLOOR
Room 1:
Lounge/Kitchen/Bedroom: 13 ft 9 in x 9 ft 10 in
Shower room:
Room 2:
Lounge/Kitchen/Bedroom: 14 ft 8 in max x 9 ft 4 in max
Shower room
Rear hall leading to garden
FIRST FLOOR
Room 3:
Lounge/Kitchen/Bedroom: 14 ft 10 in x 9 ft 9 in
Shower room
Room 4:
Lounge/Kitchen/Bedroom: 11 ft 9 in max x 10 ft 8 in max
Boiler/Storage room
OUTSIDE Rear: Garden - accessed via Room 2
Parking: On street
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.)
Electric heating.
EPC RATING - D
COUNCIL TAX BAND - A
TENURE Freehold subject to tenancies.
TENANCIES Assured Shorthold Tenancy
Room 1:
Vacant
Room 2:
Term: 6 months from 10/06/2024
Rent Payable: £650 p.c.m.
Room 3:
Term: 6 months from 01/11/2024
Rent Payable: £650 p.c.m.
Room 4:
Vacant
Rent Payable: £550 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £1,440 (£1,200 plus VAT)
Please see the legal pack for any further cost
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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