Auctions

Home Auctions 39 - 47 Newtown Road, Bedworth CV12 8QD

Auction Thursday 12th Nov 2026 6.30pm

Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

024 7652 7789

Legal Packs Finance Available Register To Bid

Description

** IN THE ROOM AND LIVESTREAM AUCTION **

To be sold via Public Auction on Thursday 12th November 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: £550,000 - £600,000

Unique opportunity - Portfolio of 11 properties, 7 of which are tenanted, with current rent payable of £57,758.75 p.a. with potential of circa £82,000 once fully let. Comprising 5 x 1 bed flats, 2 x 2 bed flats, 2 x house, 2 x bungalows. Located on the outskirts of Bedworth town centre an ideal investment opportunity. 2 of the vacant flats require modernisation.

NOTE
The auctioneers have not inspected all of the units and are relying on the information provided by the sellers.

ACCOMODATION
No. 39 - 4 bedroom house
No. 41 - 2 bedroom ground floor flat
No. 41a - 1 bedroom first floor flat
No. 43 - 1 bedroom ground floor flat
No. 43a - 1 bedroom first floor flat
No. 43b - 1 bedroom first floor
No. 45 - 2 bedroom bungalow
No. 45a - 2 bedroom bungalow
No. 47a - 1 bedroom town house
No. 47 - 1 bedroom ground floor flat
No. 47c - 2 bedroom duplex flat

OUTSIDE
Driveway and gated access to Nos. 45, 45a and 47a

SERVICES AND HEATING
Electricity, gas, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)

TENURE
Freehold subject to tenancies.

TENANCIES
No. 39
Commenced: 01/09/2025
Rent payable: £1,084 p.c.m.
No. 41 - Vacant
No. 41a
Commenced: 24/01/2019
Rent payable: £442 every 4 weeks
No. 43
Commenced: 26/05/2019
Rent payable: £575 p.c.m.
No. 43a - Vacant
No. 43b - Vacant
No. 45
Commenced: 12/03/2024
Rent payable: £893.75 p.c.m.
No. 45a
Commenced: 23/09/2023
Rent payable: £825 p.c.m.
No. 47a
Commenced: 14/04/2026
Rent payable: £440 p.c.m.
No. 47 - Vacant
No. 47c
Commenced: 11/04/2020
Rent payable: £476.74 every 4 weeks

ADDITIONAL COSTS
Administration Fee: £1,920 (£1,600 plus VAT)
Buyers Premium: £2,400 (£2,000 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 Portfolio of 11 properties (4 vacant) Current income £56,268 pa with potential for circa £82,000 pa Close to town centre Ideal investment opportunity Some works required

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