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Description
- Status: Available
- Type: House
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 2
- Council Tax:
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NEW ENTRY - Presented at price to ensure auction sale
2 x 1 Bed apartments in a popular residential location
OUTSTANDING INVESTMENT OPPORTUNITY.
Long standing tenant in place. Ground floor rental £1,095 pcm First floor rental £775 pcm ( Total £22,440 per annum)
Property features Double Glazing and Gas Central Heating. There is a secure outside patio area and also a secure driveway to the side of the property.
2 X 1 Bed apartments tenanted DECORATED TO THE HIGHEST STANDARD THROUGHOUT
PERFECT PORTFOLIO ADDITION
with super return on investment
HIGH DEMAND RENTAL LOCATION
within 10 minutes walk of the town centre and local amenities.
OUTSTANDING INVESTMENT OPPORTUNITY
HIGH DEMAND RENTAL LOCATION
2 x 1 Bedroom apartments. Generous room sizes.
Ground floor apartment comprises: Lounge, Kitchen/Diner, Lobby area, Double bedroom and a fully fitted family bathroom. Also includes a secured patio area and driveway to the side of the property.
First Floor apartment compromises - Upper landing with one double bedroom, Lounge, kitchen and family fully fitted bathroom.
Property features - Double Glazing, Gas Central Heating
Excellent investment property in popular residential area. Total rental £1,870 per month (£22,440 per annum).
Located with close proximity to the University hospital Coventry, close to the M6 motorway with access to Birmingham or The M1 to London and the start of the M69 with its links to Hinckley, Leicester and the East Midlands.
The position boasts easy access to Warwick University, A46, A45 and Birmingham airport. The Coventry railway station is just over a mile away and offers regular trains to London which takes just under an hour. From Coventry station the train to London Euston is approximately 60 minutes whilst the train to Birmingham Central is approximately 20 minutes.
Full Address: 63 and 63a Harley Street, Coventry, CV2 4EZ
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Tenancy Details
Type of Agreement:
Length:
Rent: £22,440 per year / £1,870 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes:
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Pricing Information & Bidding
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).
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Terms of Sale
- 10% Deposit
- Standard Completion
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.
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Auction Details
Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction
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