1 Broadmead Court, Broad Lane, Coventry, West Midlands CV5 7AE

** SOLD AT AUCTION - £95,000 **

** IN THE ROOM AND LIVESTREAM AUCTION **

To be sold via Public Auction on Thursday 5th February 2026 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 - £95,000

** SOLD AT AUCTION - £95,000 **

Tenanted 2 bedroom ground floor flat, plus garage. Leasehold (effective freehold) with 935 years remaining on lease. Current rent payable £6,900 p.a.with potential to increase to circa £9,500 p.a.

ACCOMMODATION
GROUND FLOOR
Hallway:
Kitchen: 10ft 5 in x 7 ft 3 in
Lounge/Diner: 14 ft 8 in x 13 ft 1 in
Bedroom 1: 9 ft 5 in x 8 ft 6 in
Bedroom 2: 12 ft 7 in x 10 ft 8 in
Bathroom:

OUTSIDE
Front: Communal garden.
Rear: Communal gardens.

Garage in a block and allocated parking.

SERVICES AND HEATING
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.)

Gas central heating.

EPC RATING - B


COUNCIL TAX BAND - B


TENURE
Leasehold subject to tenancy.
Lease term: 999 years from 29/09/1961
Ground rent: £10 p.a.
Service charge: £1,320 p.a.(Increasing to £1,500 p.a. from 01/04/2026)

TENANCY
Assured Shorthold Tenancy
Term: 6 months from 26/09/2023 (now rolling)
Rent payable: £525 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £1,800 (£1,500 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.