15 Holmsdale Road, Foleshill, Coventry, West Midlands CV6 5BL
Guide Price: £120,000 - £140,000Auction starts at 1:00 pm Monday 3rd October 2022
Description
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3 Bedrooms
-
3 Bathrooms
**ONLINE AUCTION**
SOLD PRIOR TO AUCTION
GUIDE PRICE: £120,000 to £140,000
Part tenanted investment. End terraced property comprising of 3 x flats with current rent payable £10,920 p.a gross, yield circa 9% (potential to increase once fully let). Ground floor, 1 bedroom flat with garden access and 2 x studios on the first floor. With double glazing and current HMO licence.
Located with a popular residential area.
ACCOMMODATION
GROUND FLOOR, FLAT 1
Hallway:
Room 1: 12 ft 4 in max x 7 ft 6 in max
Lounge: 12 ft 2 in max x 11 ft max
Kitchen: 12 ft 1 in x 6 ft 1 in
Bathroom:
Rear lobby:
FIRST FLOOR
FLAT 2
Bedroom/ Kitchen/ Lounge and en suite: 12 ft 5 in max x 11 ft 1 in
FLAT 3
Bedroom / Kitchen/ Lounge and en suite: 12 ft 5 in max x 11 ft 1 in max
OUTSIDE
Front: Paved area.
Rear: Garden.
EPC RATING
Flat 1 - E
Flat 2 - E
Flat 3 - E
COUNCIL TAX BAND
Flat 1 - A
Flat 2 - A
Flat 3 - A
PLANNING
Planning granted on 06/04/2022
"Lawful Development Certificate for the Change of use from C3 to a C4 dwellinghouse (small HMO)."
For further information please contact:
Web: www.coventry.gov.uk/planningapplications
Email: planning@coventry.gov.uk
Tel: 024 7683 1109
TENURE
Freehold subject to tenancies.
TENANCIES
GROUND FLOOR, Flat 1
Assured Shorthold Tenancy.
Term: 6 months commencing 12/08/21 (now rolling)
Rent payable: £490 p.c.m
FLAT 2
Vacant.
FLAT 3
Assured Shorthold Tenancy.
Term: 6 months from 10/11/2021 (now rolling)
Rent payable: £420 p.c.m
ADDITIONAL NOTES
Administration Fee: £1,200 (£1,000 plus VAT)
Buyers Premium: £900 (£750 plus VAT)
Please see the legal pack for any further costs.
Buyer's Premium Fee:
£900 inc VAT payable on exchange of contracts.
Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Key Facts
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