2 and 2A Holbrook Lane, Holbrooks, Coventry, West Midlands CV6 4AB

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 19th September 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: £90,000 to £110,000

Investment opportunity, and unfinished project. Comprising former retail unit, with permission for conversion to 1 bedroom flat plus tenanted first floor 2 bedroom flat. Ground floor flat requires works to be completed. Rent payable for first floor flat £6,600 p.a. with additional potential income when ground floor works completed. Ideal investment opportunity.

ACCOMMODATION
GROUND FLOOR
FLAT
Lounge: 11 ft 3 in max x 21 ft 1 in max
Bedroom: 11 ft 5 in x 10 ft 4 in
Kitchen: 8 ft 7 in x 6 ft 8 in
Utility: 8 ft 8 in x 5 ft 4 in
Shower room:
FIRST FLOOR
Not inspected.
Kitchen:
Lounge:
Bedroom 1:
Bedroom 2:
Bathroom:

OUTSIDE
On street parking.

SERVICES
Mains 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
2 - D
2A - D

COUNCIL TAX BAND
2A - A

PLANNING


TENURE
Leasehold subject to tenancy.
Term: 999 years commencing 29/09/1931
Ground rent: N/A
Service Charge: N/A

TENANCY
Assured Shorthold Tenancy (First floor flat)
Term: 12 months from 28/07/2024
Rent payable: £550 p.c.m.

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.