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21 Whitley Court, Whitley Village, Coventry, West Midlands CV3 4AH

Guide Price: £70,000 - £90,000
Auction Thursday 8th Feb 2024 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 2 Bedrooms
  • filter bathroom 1 Bathrooms

** SOLD POST AUCTION **

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 8th February 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: £70,000 to £90,000

** SOLD POST AUCTION **

Tenanted investment opportunity. 2 bedroom 1st floor flat plus garage with current rent payable £9,300 p.a. circa 12% yield with potential to increase. Having gas central heating and double glazing. The property is located within close proximity to Jaguar Land Rover. Leasehold with approximate 38 years remaining. Ideal investment opportunity.

ACCOMMODATION
FIRST FLOOR
Hallway:
Lounge/Dining room: 15 ft 9 in x 11 ft 2 in
Kitchen: 10 ft 8 in x 7 ft 3 in
Bedroom 1: 14 ft 10 in max x 11 ft 2 in
Bedroom 2: 10 ft 7 in x 9 ft 6 in
Bathroom:

OUTSIDE
Front: Communal grass areas.
Rear: Garage located beneath the flats.

COUNCIL TAX BAND - A


EPC RATING - C


TENURE
Leasehold subject to tenancy.
Term: 98 years commencing 22/10/1964
Ground rent: £10 p.a.
Ground rent review date: to be confirmed
Service charge: £1,238.16 p.a.
Service charge period: 01/07/2023 - 30/06/2024

TENANCY
Assured Shorthold Tenancy
Term: 12 months from 30/12/2022 (now rolling)
Rent payable: £775 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 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.

Key Facts

** SOLD POST AUCTION ** PUBLIC AUCTION - in the room and livestream Tenanted Investment opportunity Leasehold with approximately 38 years remaining 1st floor and garage 2 bedrooms Current rent payable £9,300 p.a.
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