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21 Coundon Road, Coundon, Coventry, West Midlands CV1 4AR

Guide Price: £255,000 - £275,000
Auction Thursday 9th Feb 2023 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 6 Bedrooms
  • filter bathroom 2 Bathrooms

*** SOLD AT AUCTION - £269,000***

** IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 9th February 2023 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up and no need to pre-register. You can also register for telephone, proxy, internet bidding online.

passport.eigroup.co.uk/bidder-registration/loveitts

GUIDE PRICE: £255,000 to £275,000

*** SOLD AT AUCTION - £269,000***

Part tenanted investment opportunity with 6 lettable rooms (notices to Vacate have been served). 3 storey mid terraced requiring some decoration, with gas central heating and double glazing. Within 0.8 miles of the City Centre and train station.
Current rent payable of £27,120 p.a circa 10% yield (with potential to increase once fully let).

ACCOMODATION
GROUND FLOOR
Hallway:
Lounge: 17 ft 1 in max x 12 ft 1 in max
Kitchen/dining room: 18 ft 2 in x 9 ft 4 in
Utility room:
Shower room:
Room 1: 9 ft 9 in x 9 ft 7 in
FIRST FLOOR
Room 2 plus dressing area: 12 ft 1 in max x 10 ft 11 max
Room 3: 12 ft 9 in x 9 ft 7 in
Room 4: 9 ft 4 in x 8 ft 4 in
Bathroom:
Separate w.c:
SECOND FLOOR
Room 5: 15 ft 10 in max x 9 ft 2 in
Room 6: 10 ft 6 in x 9 ft 4 in

OUTSIDE
Front: Paved area.
Rear: Garden with a decking area.

EPC RATING - D


COUNCIL TAX BAND - D


TENURE
Freehold subject to tenancies.

TENANCIES
Assured Shorthold Tenancy.
Room 1:
Term: 3 months commencing 22/04/2022 (Now rolling.)
Rent payable: £400 p.c.m.
Room 2:
Term: 3 months commencing 01/08/2021 (Now rolling.)
Rent payable: £480 p.c.m.
Room 3:
Term: 3 months commencing 25/10/2021 (Now rolling.)
Rent payable: £400 p.c.m.
Room 4:
Vacant.
Room 5:
Term: 3 months commencing 28/10/2021 (Now rolling.)
Rent payable: £550 p.c.m.
Room 6:
Term: 3 months commencing 28/10/2021 (now rolling)
Rent payable: £430 p.c.m.

NOTICE TO VACATE has been served on 16/01/23, for vacation after 16/03/2023 on all rooms.

ADDTIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Key Facts

Public auction - in the room and livestream *** SOLD AT AUCTION - £269,000*** Part tenanted investment opportunity 6 lettable rooms 3 storey Current rent payable £27,180 p.a circa 10% yield
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