Flat 5, 38 Coundon Road, Coundon, Coventry, West Midlands CV1 4AW

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. Located within close proximity to Coventry City Centre. Leasehold with 79 years remaining. Current rent payable £5,400 p.a. Circa 13% yield.

ACCOMODATION
SECOND FLOOR
Lounge/ bedroom/ kitchen: 13 ft 8 in x 10 ft 2 in
Bathroom:

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 - to be confirmed


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.q.

TENANCY
Occupation commenced: 09/05/2026
Rent payable: £450 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.