1 Grantham Street, Stoke, Coventry, West Midlands CV2 4FP

** IN THE ROOM AND LIVESTREAM AUCTION **

To be sold via Public Auction on Thursday 16th July 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: £235,000 - £255,000

Unique opportunity, part tenanted, end terrace property, comprising of 11 self contained units requiring redecoration. Located in a popular residential area off Swan Lane. Current rent payable £46,080 p.a. Gross circa 19 % yield. Ideal investment opportunity.

ACCOMMODATION
GROUND FLOOR
Room 1:
Lounge/kitchen/bedroom plus ensuite: 12 ft 6 in x 11 ft 6 in
Room 2:
Lounge/kitchen/bedroom plus ensuite: 10 ft 10 in x 11 ft 3 in
Room 2A
Lounge/bedroom: 14 ft 7 in x 8 ft 4
Kitchen area: 5 ft 9 in x 3 ft 11 in
Shower room:
Separate access to the rear.
Room 3: Not inspected.
The Lodge: Not inspected.
Lounge/kitchen/bedroom plus ensuite:
FIRST FLOOR
Room 5
Bedroom: 9 ft 9 in x 7 ft 9 in
Kitchen: 7 ft 6 in x 4 ft
Shower room:
Room 5A
Lounge/kitchen/bedroom plus ensuite: 10 ft 3 in x 9 ft 1 in
Room 6
Not inspected
Room 7
Lounge/kitchen/bedroom plus ensuite: 15 ft 5 in max x 12 ft 1 in max
SECOND FLOOR
Room 4
Lounge/kitchen/bedroom plus ensuite: 11 ft 2 in max x 8 ft 4 in
Room 4A
Hallway:
Kitchen: 8 ft 9 in 5 ft 2 in
Lounge/bedroom: 11 ft 9 in max x 7 ft 8 in max
Bathroom:

OUTSIDE
Small yard to the rear.

On street 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
Flat 1: D,
Flat 2: To be confirmed.
Flat 2A: D
Flat 3: D
Flat 4: To be confirmed.
Flat 4A: To be confirmed.
Flat 5: To be confirmed.
Flat 5A: To be confirmed.
Flat 6: To be confirmed.
Flat 7: To be confirmed.
The Lodge: To be confirmed.

COUNCIL TAX BAND
Flat 1: A
Flat 2: No banding information available on Local Authority website.
Flat 2A:
Flat 3: A
Flat 4: A
Flat 4A:
Flat 5: A
Flat 5A:
Flat 6: A
Flat 7: A
The Lodge: No banding information available on Local Authority website.

TENURE
Freehold subject to tenancies.

TENANCIES
Flat 1: Occupation commenced: 25/07/2025
Rent payable: £450 p.c.m.
Flat 2: Occupation commenced: 15/03/2023
Rent payable: £475 p.c.m.
Flat 2A: Occupation commenced: 02/04/2021
Rent payable: £495 p.c.m.
Flat 3: Vacant
Flat 4: Vacant
Flat 4A: Occupation commenced: 28/07/2022
Rent payable: £495 p.c.m.
Flat 5: Occupation commenced: 01/12/2023
Rent payable: £575 p.c.m.
Flat 5A: Occupation commenced: 14/03/2022
Rent payable: £450 p.c.m.
Flat 6: Occupation commenced: 09/05/2017
Rent payable: £350 p.c.m.
Flat 7: Vacant
The Lodge: Occupation commenced: 08/07/2022
Rent payable: £550 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £2,160 (£1,800 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.