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Flat 46, Abbey Court, Priory Place, Coventry, West Midlands CV1 5SA

Guide Price: £90,0000 - £110,000
Auction Thursday 13th Jul 2023 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 2 Bedrooms
  • filter bathroom 2 Bathrooms

** SOLD PRIOR TO AUCTION**

** IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 13th July 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: £90,000 - £110,000

** SOLD PRIOR TO AUCTION**

Tenanted investment opportunity. 2 bedroom, 2 bathrooms 4th floor apartment, with balcony. Secured parking and located within the heart of the City Centre. Leasehold with approximately 130 years remaining. Rent payable £12,000 p.a. Circa Yield 12%

ACCOMMODATION
FOURTH FLOOR
Hallway:
Lounge area: 19 ft 7 in x 8 ft 11 in
Kitchen area: 8 ft 11 in x 5 ft 11 in
Bedroom 1 plus en-suite: 19 ft 3 in x 8 ft 11 in
Bedroom 2: 9 ft 1 in x 7 ft 11 in
Bathroom:

OUTSIDE
Secured under croft allocated parking.

EPC RATING - C


COUNCIL TAX BAND - C


TENURE
Leasehold subject to tenancy.
Term: 150 years from 22/10/2003
Ground rent: £180 p.a.
Ground rent review: 2024 for the next 21 years
Service charge: £3,087.25 p.a.
Service charge period: January to December 2023

TENANCY
Assured Shorthold Tenancy
Term: 12 months from 20/08/2022
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.

Key Facts

PUBLIC AUCTION - in the room and livestream - ** SOLD PRIOR TO AUCTION** Lift access Balcony Tenanted Investment 2 bedrooms Secured parking 2 bathrooms City Centre location
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