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34 Packington Avenue, Allesley, Coventry, West Midlands CV5 9GZ

Guide Price: £45,000 - £65,000
Auction Thursday 26th Mar 2026 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 2 Bedrooms
  • filter bathroom 1 Bathrooms

** IN THE ROOM AND LIVESTREAM AUCTION **

To be sold via Public Auction on Thursday 26th March 2026 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: £45,000 - £65,000

Tenanted investment opportunity. 2 bedroom second floor flat with balcony. Leasehold with 25 years remaining, located in the village of Allesley. Current rent payable £9,000 p.a., yield circa 15% p.a. an ideal investment opportunity.

ACCOMMODATION
SECOND FLOOR
Hallway:
Lounge/diner: 15 ft 8 in x 13 ft 1 in
Kitchen: 8 ft 10 in x 8 ft 5 in
Bedroom 1: 13 ft 11 in x 9 ft 11 in
Bedroom 2: 11 ft 11 in x 9 ft 5 in
Bathroom:

OUTSIDE
Communal garden and store.

On street parking.

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 - A


TENANCY
Assured Shorthold Tenancy
Term: 12 months commencing 29/11/2021 (now rolling)
Rent payable: £750 p.c.m.

TENURE
Leasehold with vacant possession.
Term: 99 years from 24th June 1951
Ground rent: £5.00 p.a
Service Charge: £300 for 6 months

ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £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

IN ROOM AND LIVESTREAM AUCTION Leasehold 2 bedrooms Tenanted investment Second floor 16% yield
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