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

Guide Price: £60,000 - £70,000
Auction Thursday 25th Mar 2021 6.30pm
www.eigpropertyauctions.co.uk/live-stream/auctions/loveitts
Auction starts at 6:30pm

Description

  • Flat
  • filter bedroom 1 Bedrooms
  • filter bathroom 1 Bathrooms


This will be a live stream auction. Bidding will be available by either telephone, proxy or online bidding. If you wish to bid, please download the bidding form and return it by email or post with copies of your ID and proof of address.

*** SOLD AT AUCTION - £64,000 ***

Investment opportunity, tenanted 1 bedroom leasehold flat, with income payable of £5,700 p.a. 68 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: £1,069.90 p.a.



TENANCY

Assured Shorthold Tenancy.
Term: 12 months from 8th August 2020
Rent payable: £475.00 p.c.m.



ADDITIONAL COSTS

Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for further costs.



Key Facts

*** SOLD AT AUCTION - £64,000 *** Leasehold with 68 years remaining Income £5,700 p.a. Ideal Investment opportunity
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