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20 Crossley Court, Cross Road, Foleshill, Coventry, West Midlands CV6 5GW

Guide Price: £45,000 - £65,000
Auction Thursday 19th Sep 2024 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 2 Bedrooms
  • filter bathroom 1 Bathrooms

** SOLD AT AUCTION - £65,000**

**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: £45,000 to £65,000

** SOLD AT AUCTION - £65,000**

Tenanted investment opportunity. 2 bedroom, first floor flat with electric heating and double glazing. Leasehold with approximately 39 years remaining. Current rent payable £7,200 p.a. circa 13% yield.

ACCOMMODATION
FIRST FLOOR
Kitchen: 11 ft 8 in max x 6 ft 8 in max
Lounge: 15 ft 2 in x 11 ft 8 in
Bedroom 1: 9 ft 10 in x 15 ft 7 in
Bedroom 2:8 ft 8 in x 11 ft 9 in
Bathroom:

OUTSIDE
Communal gardens.
Parking: Communal 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 - C


COUNCIL TAX BAND - A


TENURE
Leasehold subject to tenancy.
Term: 99 years commencing 25/01/1964
Ground rent: £15 p.a.
Ground rent review date: Please see Legal Pack for further information.
Service Charge: £110 p.c.m.
Service charge period: Please see Legal Pack for further information.

TENANCY
Assured Shorthold Tenancy.
Term: 12 months from 25/03/2024
Rent payable: £600 p.c.m.

ADDITIONAL COSTS
Administration Fee: £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

** SOLD AT AUCTION - £65,000** IN ROOM AND LIVESTREAM AUCTION First floor Tenanted investment opportunity Leasehold 2 bedrooms
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