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Flat 6, 57 Old Hinckley Road, Nuneaton, CV10 0AA

Guide Price: £60,000 - £70,000
Auction Thursday 26th Sep 2019 6.30pm
Village Urban Resort Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • Flat
  • 1 Bedrooms
  • 1 Bathrooms


** SOLD AT AUCTION FOR £65,000 **

Investment opportunity, tenanted 1 bedroom leasehold flat, with income payable of £5,700 p.a. 71 years remaining on the lease, with communal parking to the rear.



ACCOMMODATION

SECOND FLOOR
Lounge: 16 ft 8 in min, 24 ft 7 in max x 14 ft 4 max
Study area: 11 ft 2 in 6 ft 4 in
Kitchen/ Breakfast area: 13 ft 11 in max x 13 ft 2 in max
Bedroom: 15 ft 7 in max x 13 ft 5 in
Bathroom:



OUTSIDE

Front: Communal driveway.
Rear: Communal parking.



EPC RATING - D


TENURE

Leasehold subject to tenancy.
Term: 99 years from 29th September 1990
Ground rent: £30.00 p.a.
Service charge: £532.62 p.a.



TENANCY

Assured Shorthold Tenancy.
Term: 12 months from 8th August 2019
Rent payable: £475.00 p.c.m.



ADDITIONAL COSTS

Administration Fee: £990 (£825 plus VAT)
Please see the legal pack for further costs.



Key Facts

** SOLD AT AUCTION FOR £65,000 ** Leasehold with 71 years remaining Rent payable £5,700 p.a. Investment opportunity
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