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Full details for 1 Bedroom Property For Sale in Coventry

Photos

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Description

**IN THE ROOM AND LIVESTREAM**



To be sold via Public Auction on Thursday 21st November 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ



Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.



GUIDE PRICE: £60,000 to £70,000

Investment opportunity. Tenanted 1 bedroom flat, first floor. Leasehold with 89 years remaining. Benefiting from gas central heating, Current rent payable £7,500 p.a. Ideal investment.

ACCOMMODATION FIRST FLOOR

Entrance hall:

Lounge: 15 ft 9 in x 9 ft

Kitchen: 9 ft x 5 ft 10 in

Bedroom: 12 ft 9 in x 10 ft 9 in

Bathroom:
OUTSIDE On street parking.

Communal grassed area.
SERVICES Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
EPC RATING - C
COUNCIL TAX BAND - A
TENANCY Assured Shorthold Tenancy.

Term: 6 months from 18/05/2023 (now rolling)

Rent payable: £625 p.c.m.
TENURE Leasehold subject to tenancy.

Term: 125 years commencing 15/05/1989

Ground rent: £10 p.a.

Ground rent review date: to be confirmed.

Service charge: £624 p.a.

Service charge period: to be confirmed.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)

Please see the legal pack for any further costs.

Tenure: See Legal Pack

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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