120 Broomfield Road, Earlsdon, Coventry, West Midlands CV5 6LB

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 15th May 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: £240,000 to £260,000

Tenanted investment opportunity. Well-presented end terrace property with 5 let rooms, communal kitchen/dining area, conservatory, 2 shower rooms plus garage/workshop. Located in a sought-after area in Earlsdon. Current rent payable £29,208 p.a. (gross) circa 12% yield. Expired HMO Licence until (23/04/2024) with new application pending (Not transferable). Ideal investment opportunity.

ACCOMMODATION
GROUND FLOOR
Room 1: 14 ft 2 in x 10 ft 9 in
Room 2: 14 ft 4 in x 7 f 9 in
Shower room:
Kitchen/Dining area: 20 ft 8 in max x 8 ft 10 in
Conservatory: 8 ft 9 in x 7 ft 9 in
FIRST FLOOR
Room 3: 11 ft 3 in x 9 ft
Room 4: 12 ft 5 in x 8 ft 9 in
Room 5: 14 ft 3 in x 11 ft 6 in
Bathroom:

OUTSIDE
Front: Paved area.
Rear: Paved garden.

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 - D


COUNCIL TAX BAND - B


TENURE
Freehold subject to tenancies.

TENANCIES
Assured Shorthold Tenancy
Room 1
Term: 6 months 22/05/2023 (Now rolling)
Rent payable: £485 p.c.m.
Room 2
Term: 6 months 01/07/2021 (Now rolling)
Rent payable: £452 p.c.m.
Room 3
Term: 6 months 31/08/2021 (Now rolling)
Rent payable: £500 p.c.m.
Room 4
Term: 6 months 01/07/2021 (Now rolling)
Rent payable: £490 p.c.m.
Room 5
Term: 6 months 02/08/2024 (Now rolling)
Rent payable: £507 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 costs.

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