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Caludon Road, Coventry

£350,000
Available from Coventry Commercial
29 Warwick Row
Coventry
West Midlands
CV1 1DY

Description

Key Facts

Opportunity To Add Value Popular Residential Area Houses Let On AST's Current Income £23,400 pa Offers In The Region Of £350,000

In more detail

Property Description
Nos. 4 and 6 Caludon Road is a large semi-detached house with gas central heating and double glazed, comprising lounge, dining room, kitchen, family room/bedroom 5, cloakroom with w.c. and four first floor bedrooms (one en suite) and a bathroom.

8 Caludon Road is a small semi-detached house with gas central heating and double glazed, comprising lounge, kitchen, bathroom and two first floor bedrooms.

Potential to increase income by creating HMO accommodation or converting Nos. 4, 6 and 8 back into three houses, subject to obtaining statutory consents.

Location
The property is close to the junction with Brighton Street in the Stoke area of Coventry with good access to the A4600, City Centre and Motorway Network

Rates
Both houses are assessed in Council Tax Band A.

Legal Costs
The buyers' Solicitor will provide an undertaking for the sellers' legal costs, payable if the buyers fail to complete the purchase within an agreed period from receipt of a draft contract.

VAT
VAT is not payable on the sale price

Sale Comments
Offers are invited in the region of £350,000 for the freehold interest. The houses are let at £1,100 pcm and £850 pcm and the rents are due to be reassessed.

Important Notes
We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight.

VAT: The VAT position relating to the property may change without notice

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