29 Winchester Street, Hillfields, Coventry, West Midlands CV1 5NT
Guide Price: £143,000 - £163,000The Village Urban Resort Hotel, Canley, Coventry CV4 9GZ
Description
*** SOLD AT AUCTION £163,000 ***
**BACK IN THE ROOM AND LIVESTREAM **
To be sold via Public Auction on Thursday 19th May 2022 at 6:30pm Village Urban Resort 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: £143,000 to £163,000
*** SOLD AT AUCTION £163,000 ***
Tenanted investment opportunity comprising 2 flats, current rent payable £16,200 (gross), circa 11% yield (gross). Ground floor studio flat plus ground/ first floor flat (contains 2 bedsits) with shared lounge. Ideal location close to the city centre.
ACCOMMODATION
GROUND FLOOR
Shared hallway:
Flat 1
Kitchen/ Lounge: 13 ft max x 11 ft 2 in
Bedroom: 8 ft 11 in x 5 ft 7 in
Shower room:
Flat 2
Lounge: 11 ft x 7 ft 2 in
Stairs giving access to first floor.
FIRST FLOOR
Flat 2
Bedsit 1 with en-suite: 12 ft 11 in max x 10 ft 11 in
Bedsit 2 with en-suite: 11 ft x 10 ft 10 in max
OUTSIDE
Garden to the rear.
EPC RATINGS
Ground floor flat - E
First floor flat - E
TENURE
Freehold subject to tenancies
TENANCIES
Flat 1
Assured Shorthold Tenancy
Term: 6 months commencing 15th October 2018 (Now rolling)
Rent payable: £450 p.c.m.
Flat 2
Front room
Tenancy Agreement
Term: 6 months commencing 25th February 2022
Rent payable: £450 p.c.m.
Rear room
Tenancy Agreement
Term: 12 months commencing 4th March 2022
Rent payable: £450.p.c.m.
ADDITONAL 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
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