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58 Allesley Old Road, Chapelfields, Coventry, West Midlands CV5 8BY

Guide Price: £250,000 +
Auction Thursday 20th Mar 2025 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 5 Bedrooms
  • filter bathroom 5 Bathrooms

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 20th March 2025 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: £250,000 plus

End terrace property comprising 5 x studio rooms, well presented, recently renovated and ready to move into. Each room benefits from kitchenette and ensuite. Located in the popular area of Chapel Fields. Ideal investment opportunity with potential yield circa 14% once fully let.

ACCOMMODATION
GROUND FLOOR
Hallway:
Room 1
Kitchen/Lounge/Bedroom: 14 ft 2 in max x 11 ft 11 in
En-suite:
Room 2
Kitchen/Lounge/Bedroom: 11 ft max x 11 ft max
En-suite:
Room 3, with access to the garden.
Kitchen/Lounge/Bedroom: 13 ft 4 in x 6 ft 4 in
En-suite:
FIRST FLOOR
Room 4
Kitchen/Lounge/Bedroom: 10 ft 11 in max x 11 ft 11 in
En-suite:
Room 5
Kitchen/Lounge/Bedroom: 17 ft 10 in max x 11 ft 6 in
En-suite:

OUTSIDE
Front: Paved area.
Rear: Garden.

On street parking.

SERVICES AND HEATING
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.)

Gas central heating.

EPC RATING - D


COUNCIL TAX BAND - B


TENURE
Freehold with vacant possession.

ADDITIONAL COSTS
Administration Fee: £1,920 (£1,600 plus VAT)
Buyers Premium: £1,440 (£1,200 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

IN ROOM AND LIVESTREAM AUCTION Vacant 5 x studio rooms Potential yield circa 14% Well presented Ideal investment
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