16 Meriden Street, Coundon, Coventry, West Midlands CV1 4DL
Guide Price: £240,000 plusAuction starts at 1:00 pm Monday 19th August 2024
Description
To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 20th August 2024
(Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 19th August 2024
AUCTION ENDS: 13:00 on Tuesday 20th August 2024
GUIDE PRICE: £240,000 plus
Unique investment opportunity, 3 storey, double bayed mid terrace property requiring some improvements. The property comprises of 1 x 1 bedroom flat and 6 x bedsits.
Located within a popular area off Holyhead Road, with close proximity to Coventry City Centre. Potential to achieve a yield circa 21% p.a. once fully let!
ACCOMMODATION
Steps leading to:
GROUND FLOOR
Hallway:
Bedsit 1:
Lounge/Kitchen/Bedroom: 15 ft 10 in max x 13 ft 6 in max
Shower room:
Bedsit 2:
Lounge/Kitchen/Bedroom: 13 ft 2 in x 11 ft 10 in max
Shower room:
Flat 3: Lounge/Kitchen: 15 ft 2 in max x 11 ft 1 in max
Bedroom: 10 ft 11 in x 8 ft 2 in
Shower room:
FIRST FLOOR
Bedsit 4:
Lounge/Kitchen/Bedroom: 13 ft 4 in max x 11 ft 11 in
Shower room:
Utility Cupboard:
Bedsit 5:
Lounge/Kitchen/Bedroom: 13 ft 1 in x 11 ft 11 in max
Shower room:
Bedsit 6:
Lounge/Kitchen/Bedroom: 17 ft 8 in max x 15 ft 11 in max
SECOND FLOOR
Bedsit 7:
Lounge/Kitchen/Bedroom: 14 ft 7 in max x 13 ft 2 in max
OUTSIDE
Front: Stoned/Hard area
Rear: Overgrown garden
Parking: On street.
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
Bedsit 1 - D
Flat 3 - C
Bedsit 2, 4, 6 - C
Bedsit 7 - E
COUNCIL TAX BAND -
All bedsits and flat are band A
TENURE
Freehold with vacant possession
ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Buyers 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.
Key Facts
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