112 Greendale Road, Whoberley, Coventry, West Midlands CV5 8LP

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 6th February 2025 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: £65,000 to £85,000

Tenanted investment opportunity. First floor, 2 bedroom flat with electric heating and communal gardens, within a sought after location. Leasehold with 40 years remaining. Current rent payable £10,620 p.a., circa 14% yield.

ACCOMMODATION
FIRST FLOOR
Hallway:
Lounge: 14 ft 4 in x 11 ft 4 in
Kitchen: 10 ft 6 in x 7 ft 2 in
Bedroom 1: 13 ft 4 in x 9 ft 5 in
Bedroom 2: 9 ft 4 in x 9 ft
Bathroom:

OUTSIDE
Front: Communal gardens.

On street parking.

SERVICES AND HEATING
Mains electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)

Electric heating.

EPC RATING - D


COUNCIL TAX BAND - A


TENURE
Leasehold subject to tenancy.
Term: 99 years from 29 September 1965
Ground rent: £24 p.a.
Service charge: To be confirmed.

TENANCY
Assured Shorthold Tenancy
Term: 12 months from 01/07/2024
Rent payable: £885 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £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.