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53 Elizabeth Way, Walsgrave, Coventry, West Midlands CV2 2LR

Guide Price: £245,000 - £265,000
Auction Thursday 3rd Nov 2022 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 4 Bedrooms
  • filter bathroom 2 Bathrooms

** IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 3rd November 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: £245,000 to £265,000

**POSTPONED FROM OUR NOVEMBER AUCTION**

Tenanted investment opportunity. 3 storey mid terraced property with 4 let rooms, plus garage and parking space accessed from the rear within secure gates, with gas central heating and double glazing. Located approximately 1.5 miles to University Coventry Hospital. Current rent payable £18,348.00, circa 7% yield, with potential to increase.

ACCOMMODATION
GROUND FLOOR
Hallway:
Lounge: 10 ft 6 in x 9 ft 2 in
Kitchen/ Breakfast room: 16 ft 1 in x 9 ft 2 in
Utility room: 5 ft 7 in x 5 ft 3 in
W.C.
FIRST FLOOR
Room 1: 10 ft 6 in x 9 ft 2 in
Room 2 plus en suite: 15 ft 1 in x 8 ft 6 in
SECOND FLOOR
Room 3: 15 ft 1 in x 8 ft 2 in
Room 4: 15 ft 1 in x 10 ft 10 in
Bathroom:

OUTSIDE
Garden to the rear.

EPC RATING - C


COUNCIL TAX BAND - D


TENURE
Freehold subject to tenancies.

TENANCIES
Assured Shorthold Tenancy.
Room 1: 6 months from 01/08/2020 (Now rolling)
Rent payable: £369 p.c.m.
Room 2: months from 02/01/2022 (Now rolling)
Rent payable: £440 p.c.m.
Room 3: 6 months 23/08/2022
Rent payable: £360 p.c.m.
Room 4: 12 months 09/07/2022
Rent payable: £360 p.c.m.

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

PUBLIC AUCTION - in the room and livestream - **POSTPONED FROM OUR NOVEMBER AUCTION** 3 storey Tenanted investment opportunity - Circa 7% yield Gas central heating 4 lettable rooms Allocated parking Within 1.5 miles of Coventry Hospital
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