COVID-19 Update

Flat 2, 36 Coundon Road, Coundon, Coventry, CV1 4AW

Guide Price
£50,000 - £60,000

Description

  • Ground floor flat
  • 1 Bedrooms
  • 1 Bathrooms


This will be a Livestream auction. Bidding will be available by either telephone or online bidding. If you wish to bid, please follow the link below to register online.

https://passport.eigroup.co.uk/bidder-registration/loveitts

If you wish to proxy bid please contact a member of the Auction Team.

Tenanted investment, 1 bedroom ground floor flat, with current rent payable £5,400 p.a. Located within 1/4 mile of City Centre, having gas central heating, double glazing and secured front door access. Approximately 10% yield. Ideal Investment.



ACCOMMODATION

Communal secured entrance hallway.
GROUND FLOOR
Hallway:
Bathroom:
Lounge: 13 ft 11 in x 10 ft 10 in max
Bedroom: 12 ft 5 in x 5 ft 7 in
Kitchen: 12 ft 4 in x 4 ft 11 in



EPC RATING - C


TENURE

Leasehold subject to tenancy.
Term: New Lease. 99 years.
Ground rent: £100 p.a.
Service charge: £10 p.a.



TENANCY

Assured Shorthold Tenancy
Term: 6 months from 7th April 2021
Rent payable: £450 p.c.m.



ADDITIONAL COSTS

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



NOTE

Also being offered for sale is Flat 1 and 3, 36 Coundon Road



Key Facts

Ground floor, 1 bedroom flat Tenanted Investment Gas central heating Double glazing Outskirts of City Centre
;