362 Sewall Highway, Wyken, Coventry, West Midlands CV2 3NZ

** SOLD AT AUCTION - £85,000 **

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 16th May 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 via our website for online, proxy or telephone bidding.

passport.eigroup.co.uk/bidder-registration/loveitts

GUIDE PRICE: £70,000 to £90,000

** SOLD AT AUCTION - £85,000 **

Tenanted investment opportunity. 2 bedroom, second floor duplex apartment, plus balcony, gas central heating and double glazing. Leasehold with approximately 105 years remaining, with current rent payable £7,800 p.a.

ACCOMMDATION
GROUND FLOOR (second floor of the building)
Hallway:
Lounge: 13 ft 8 in max x 12 ft
Kitchen: 7 ft 3 in x 7 ft 6 in
Balcony:
FIRST FLOOR (third floor of the building)
Bedroom 1: 12 ft x 13 ft 8 in
Bedroom 2: 15 ft 4 in x 7 ft 3 in
Bathroom:

OUTSIDE
Communal garden to front and rear.
Parking: on street parking and hardened verge.

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 - E


COUNCIL TAX BAND - A


TENURE
Leasehold subject to tenancy.
Term: 125 years commencing 23/02/2004
Ground rent: £10 p.a.
Ground rent review date: to be confirmed.
Service Charge: £70 p.c.m.
Service charge period: to be confirmed.

TENANCY
Assured Shorthold Tenancy.
Term: 12 months from 01/04/2024
Rent payable: £650 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.