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Studio to the rear of 316 Grange Road, Longford, Coventry, West Midlands CV6 6DE

Guide Price: £30,000 - £40,000
Auction Thursday 23rd Mar 2023 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bathroom 1 Bathrooms

** SOLD AT AUCTION - £31,000 **

**IN THE ROOM AND LIVESTREAM **

To be sold via Public Auction on Thursday 23rd March 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: £30,000 - £40,000

** SOLD AT AUCTION - £31,000 **

Tenanted investment opportunity. Ground floor studio flat with rear garden. Current rent payable £5,100 p.a. circa 15% yield.

ACCOMMODATION
GROUND FLOOR
Bedroom/ Kitchen/ Lounge: 14 ft 6 in x 6 ft 8 in
Shower room:

OUTSIDE
Garden to the rear.

EPC RATING - D


COUNCIL TAX BAND - A


TENURE
Freehold subject to tenancy.



TENANCY
Assured Shorthold Tenancy.
Term: 6 months from 24/04/2020 (now rolling)
Rent payable: £425 p.c.m

NOTE
The electricity supply and hot water is currently shared with the adjacent property. Previous quotes relating to the separation of the electricity are included within the Legal Pack.

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

In the room and livestream ** SOLD AT AUCTION - £31,000 ** Garden Ground floor Circa 15 % yield Studio flat
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