COVID-19 Update

138 Charter Avenue, Canley, Coventry, CV4 8EB

Guide Price: £320,000
Auction Tuesday 15th Jun 2021 1.00pm
https://www.auctionhouse.co.uk/loveitts
Auction starts at 1:00 pm Monday 14th June 2021

Description

  • House of Multiple Occupation
  • 5 Bedrooms
  • 5 Bathrooms


Unique investment opportunity. Fully tenanted and licenced HMO. 5 bedrooms (plus en-suites) with rent payable of £31,500 p.a. gross 8% yield. Within half a mile of Cannon Park Shopping Centre and Warwick University. Well presented.



ACCOMMODATION

GROUND FLOOR
Hallway:
Room 1 plus en suite: 12 ft 8 in x 8 ft 10 in
Communal Kitchen: 14 ft 6 in max x 15 ft 10 in
Room 2 plus en suite: Not inspected.
FIRST FLOOR
Room 3 plus en suite: 11 ft 8 in x 9 ft 10 in
Room 4 plus en suite: 12 ft 1 in 9 ft 10 in
SECOND FLOOR
Room 5 plus en suite: 16 ft 5 in max x 11 ft 7 in



OUTSIDE

Front: Garden and driveway.
Rear: Paved garden.



EPC RATING - C


TENURE

Freehold subject to tenancy.



TENANCY

Assured Shorthold Tenancy.
Term: 12 months commencing 10th September 2020
Rent payable: £2,625 p.c.m.



ADDITIONAL COSTS

Administration Fee: £1,650 (£1,375 plus VAT)
Please see the legal pack for any further costs.



Key Facts

National ONLINE auction 5 bedrooms Current rent payable £31,500 p.a. gross Close proximity to Warwick University Ideal investment opportunity
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