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Flat 5, 36 Coundon Road, Coundon, Coventry, West Midlands CV1 4AW

Guide Price: £35,000 - £45,000
Auction Tuesday 15th Dec 2026 ending from 11:00 am
https:/www.auctionhouse.co.uk/loveitts
Auction starts at 1:00 pm Monday 15th December 2026

Description

  • filter bathroom 1 Bathrooms

To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 15th December 2026
(Visit auctionhouse.co.uk/online).

BIDDING OPENS: 13:00 on Monday 14th December 2026
AUCTION ENDS: 11:00 on Tuesday 15th December 2026

GUIDE PRICE: £35,000 - £45,000

Tenanted investment, second floor studio apartment. Leasehold with 79 years remaining. Current rent payable £5,700 p.a. circa 14% yield. Ideal investment opportunity.

ACCOMMODATION
SECOND FLOOR
Lounge/ bedroom/ kitchen: 14 ft 1 in max x 11 ft max
Bathroom:

OUTSIDE
On street parking.

SERVICES AND HEATING
Electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)

Electric heating.

EPC RATING - E


COUNCIL TAX BAND - A


TENURE
Leasehold subject to tenancy.
Term: 99 years from 01/06/2006
Ground rent: £100 p.a.
Service charge: £224 p.qtr.

TENANCY
Occupation commenced: 15/04/2026
Rent payable: £475 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Buyers 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

TIMED ONLINE AUCTION Second floor Tenanted investment Current rent payable £5,700 p.a. Studio appartment Circa 14% yield
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