Flat 27, Abbey Court, Priory Place, Coventry, West Midlands CV1 5SA
Guide Price: £145,000 - £165,000Dolomite Avenue, Canley, Coventry CV4 9GZ
Description
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2 Bedrooms
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2 Bathrooms
**POSTPONED FROM THE MARCH AUCTION**
** IN THE ROOM AND LIVESTREAM**
To be sold via Public Auction on Thursday 23rd March 2023 at 6:30pm Village 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: £145,000 to £165,000
**POSTPONED FROM THE MARCH AUCTION**
Tenanted investment opportunity, 2 bedroom 4th floor apartment, plus balcony and parking. Well presented with 2 bathrooms, double glazing, electric heating and communal lift. Allocated parking space within a secure car park. Ideal investment opportunity within the heart of the city. Current rent payable £13,800 p.a. Circa 10% yield. Leasehold with approximately 130 years remaining.
ACCOMMODATION
Lounge/ Dining/ Kitchen/ 25 ft 11 in max x 14 ft 6 in
Bedroom 1 with en-suite: 14 ft 5 in x 9 ft
Bedroom 2: 9 ft 2 in x 7 ft 11 in
Separate bathroom.
EPC RATING - D
COUNCIL TAX BAND - C
TENURE
Leasehold subject to tenancy.
Term: 150 years (less 4 days) from 22/10/2003
Ground rent: £240 p.a.
Service charge: £1,543.63 per 6 months.
TENANCY
Assured Shorthold Tenancy
Term: 12 months commencing 08/04/2022
Rent payable: £1,000 p.c.m.
The current tenants have also signed a new tenancy agreement for 12 months commencing 08/04/2023 for £1,100 p.c.m
ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £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.
Key Facts
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