COVID-19 Update

Flat 1, 36 Coundon Road, Coundon, Coventry, CV1 4AW

Guide Price: £55,000 - £65,000
Auction Thursday 20th May 2021 6.30pm
https://passport.eigroup.co.uk/bidder-registration/loveitts
Auction starts at 6:30pm

Description

  • Flat
  • 1 Bedrooms
  • 1 Bathrooms


This will be a Livestream auction. Bidding will be available by either telephone or online bidding. If you wish to bid, please follow the link below to register online.

https://passport.eigroup.co.uk/bidder-registration/loveitts

If you wish to proxy bid please contact a member of the Auction Team.

Tenanted investment, ground floor 1 bedroom flat. Current rent payable £5,400 p.a. Located within 1/4 mile of City Centre, having electric heating and double glazing, approximately 9% yield.



ACCOMMODATION

Communal secured entrance hallway.
GROUND FLOOR
Lounge area: 14 ft 1 in max x 11 ft 3 in
Kitchen area: 9 ft 2 in x 5 ft
Bedroom: 12 ft 5 in x 10 ft 8 in
Bathroom:



EPC RATING - E


TENURE

Leasehold subject to tenancy.
Term: New Lease. 99 years.
Ground rent: £100 p.a.
Service charge: £10 p.a.



TENANCY

Assured Shorthold Tenancy
Term: 6 months from 6th February 2020 (now rolling)
Rent payable: £450 p.c.m.



ADDITIONAL COSTS

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



NOTE

Also being offered for sale is Flat 2 and 3, 36 Coundon Road.



Key Facts

Ground floor, 1 bedroom flat Tenanted Investment Electric central heating Double glazing Outskirts of City Centre
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