Flat 21, Benedictine Court, Priory Place, Coventry, West Midlands CV1 5SE

***SOLD AT AUCTION - £136,000***

** 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: £115,000 to £135,000

***SOLD AT AUCTION - £136,000***

Tenanted investment opportunity.
2 bedroom, 4th floor, furnished, apartment with electric heating and double glazing, plus balcony and communal lift. Allocated parking space within a secure car park. Located within the heart of the City. Current rent payable £12,000 p.a., circa 10% yield.
Leasehold with approximately 133 years remaining.

ACCOMMODATION
FOURTH FLOOR
Hallway:
Kitchen area: 9 ft 9 in x 9 ft 8 in max
Lounge area: 13 ft 8 in x 9 ft 8 in
Bedroom 1: 13 ft 1 in max x 9 ft 8 in max
Bedroom 2: 14 ft 11 in max x 10 ft 1 in max

EPC RATING - B


COUNCIL BAND - C


TENURE
Leasehold subject to tenancy.
Term: 150 years (Less 4 days) from 22nd October 2003
Ground rent: £90 per 6 months.
Service charge: £1,163 per 6 months.
Service charge review: June 2022

TENANCY
Tenancy Agreement
Term: 1st September 2021 to 31st August 2022
Rent payable: £1,000 p.c.m.

ADDITIONAL COSTS
Administration Fee: £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.