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60 Middleborough Road, Coundon, Coventry, West Midlands CV1 4DE

Guide Price: £200,000 - £220,000
Auction Thursday 8th Dec 2022 11.00 am
Walsall Football Club
Walsall Football Club, Bescot WS1 4SA

Description

***SOLD PRIOR TO AUCTION***

** IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 8th December 2022 at 11:00am Walsall Football Club, Bescot Stadium, WS1 4SA

Just turn up and no need to pre-register. You can also register for telephone, proxy, internet bidding online.

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

GUIDE PRICE: £200,000 to £220,000

***SOLD PRIOR TO AUCTION***

Investment opportunity, part tenanted 3 storey double bayed end terrace property plus basement. Comprising of 4 self contained flats with gas central heating and double glazing. Located within a popular residential area with current rent payable £18,600 pa, with potential to increase once fully let.

ACCOMMODATION
Flat 1 (Ground floor)
Lounge: 15 ft 10 in x 12 ft 4 in max
Bedroom: 13 ft 2 in x 7 ft 4in max
Kitchen/Diner (basement): 11 ft 3 in max x 13 ft 8 in max
Shower room (basement):
Flat 2 (Ground floor):
Lounge/Bedroom: 8 ft 5 in x 12 ft 9 in max
Kitchen: 5 ft 9 in max by 8 ft max
Shower room:
Flat 3 (First floor):
Bedroom/Lounge/Kitchen: 15 ft 1 in max x 8 ft 5 in
Bathroom:
Flat 4 (First floor & Second floor):
Bedroom 1: 14 ft 1 in max x 10 ft 4 in
Bedroom 2: 15 ft 6 in max x 8 ft 2 in max
Bedroom 3: 6 ft 6 in x 10 ft 1 in
Lounge: 14 ft 2 in x 11 ft 1 in
Kitchen: 7 ft 10 in max x 9 ft 1 max
Shower Room:

OUTSIDE
Front: Paved.
Rear: Garden.

EPC RATING - Flats 1, 2, 3 & 4 - D


COUNCIL TAX BAND - Flats 1, 2, 3 & 4 - A


TENURE
Freehold subject to tenancies.

TENANCIES - Assured Shorthold Tenancies
FLAT 1
Term: 12 months commencing 01/07/2021 (now rolling)
Rent payable: £500 p.c.m
FLAT 2
Term: 12 months commencing 01/07/2021 (now rolling)
Rent payable: £350 p.c.m
FLAT 3 - Vacant
FLAT 4
Term: 12 months from 01/07/2021 (now rolling)
Rent payable: £700 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

PUBLIC AUCTION - Live in room and Livestream - ***SOLD PRIOR TO AUCTION*** Residential investment opportunity 4 Self contained flats (1 x vacant) 3 floors plus basement Current income £18,600 p.a. (increased when fully let) Popular Coundon location
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