186 Allesley Old Road, Whoberley, Coventry, West Midlands CV5 8GJ

** SOLD PRIOR TO AUCTION **

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 16th May 2024 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: £230,000 to £250,000

** SOLD PRIOR TO AUCTION **

Investment opportunity - Terraced property comprising of 5 tenanted flats, with rent payable £35,700 p.a. Requiring some improvements, includes a cellar and rear yard. Accommodation extends over 3 floors. Popular location, approximately 1 mile from the City centre.

NOTE
Please see Legal Pack for Notice served by Coventry City Council relating to HMO Licensing.

ACCOMMODATION
CELLAR
GROUND FLOOR
Flat 1
No Access
Flat 5
Lounge/bedroom/Kitchen: 13 ft 2 in max x 29 ft max
Shower room:
FIRST FLOOR
Flat 2
Lounge/Bedroom: 15 ft 3 in max x 18 ft 5 in max
Kitchen: 4 ft 8 in max x 7 ft 7 in max
Shower room:
Flat 3
Lounge/Bedroom: 11 ft 11 in max x 13 ft 2 in
Kitchen/diner: 15 ft 5 in max x 7 ft 5 in
Shower room
SECOND FLOOR
Flat 4
Lounge/Bedroom: 8 ft 8 in x 16 ft 10 in
Kitchen: 8 ft 2 in max x 6 ft 2 in max
Bathroom:

OUTSIDE
Outside W.C.
Parking in street.

SERVICES
Mains gas, electricity, water and sewage are supplied to the property, with solar panels on the roof. (No tests have been carried out and we are therefore unable to confirm connections.)

EPC RATING
Flat 1 - C
Flat 2 - A
Flat 3 - D
Flat 4 - D
Flat 5 - D

COUNCIL TAX BAND
All flats are band A

TENURE
Freehold subject to tenancies.

TENANCIES
Flat 1 - Assured Shorthold Tenancy
Term: 12 months from 08/09/2023
Rent payable: £525 p.c.m.
Flat 2 - Assured Shorthold Tenancy
Term: 12 months from 31/01/2024
Rent payable: £575 p.c.m.
Flat 3 - Assured Shorthold Tenancy
Term: 12 months from 07/12/2023
Rent payable: £700 p.c.m.
Flat 4 - Assured Shorthold Tenancy
Term: 12 months from 25/03/2022 (now rolling)
Rent payable: £525 p.c.m.
Flat 5 - Assured Shorthold Tenancy
Term: 12 months from 21/02/2024
Rent payable: £650 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,650 (£1,375 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.