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84 Coronation Road, Hillfields, Coventry, West Midlands CV1 5BX

Guide Price: £140,000 - £160,000
Auction Thursday 14th Jul 2022 6.30pm
Village Urban Resort Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 3 Bedrooms
  • filter bathroom 1 Bathrooms

**IN THE ROOM AND LIVESTREAM **

To be sold via Public Auction on Thursday 14th July 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: £140,000 to £160,000

Tenanted investment opportunity comprising of 3 flats, current rent payable £14,940 p.a. (gross) circa 11% yield (gross). Ground floor 1 bedroom flat plus 2 x studio flats on the first floor.

ACCOMMODATION
GROUND FLOOR (Flat 1)
Lounge: 7 ft 7 in max x 11 ft 11 in
Bedroom: 12 ft 2 in x 11 ft 1 in max
Kitchen: 7 ft 5 in x 5 ft 10 in max
Bathroom:
FIRST FLOOR
Flat 2 with en-suite shower room: 11 ft 1 in max x 11 ft 1 in max
Flat 3 with en-suite shower room: 11 ft 1 in max x 12 ft 5 in max

OUTSIDE
Front: Paved area.
Rear: Garden.

EPC RATINGS
Flat 1: D
Flat 2: to be confirmed.
Flat 3: E

COUNCIL TAX BAND
Flat 1: A
Flat 2: A
Flat 3: A

TENURE
Freehold subject to tenancies.

TENANCIES
Flat 1:
Assured Shorthold Tenancy
Term: 12 months commencing 27/10/2021
Rent payable: £495 p.c.m.
Flat 2:
Assured Shorthold Tenancy
Term: 6 months commencing 6/11/2021 (now rolling)
Rent payable: £375 p.c.m.
Flat 3:
Assured Shorthold Tenancy
Term: 6 months commencing 01/04/2021 (now rolling)
Rent payable: £375 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.

Key Facts

In the room and livestream Tenanted investment opportunity 3 tenancies Rent payable £14,940 p.a. (gross)
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