For Sale By Auction | 18:30, 16 May 2024

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

*Guide | £80,000 - £100,000 (plus fees)

  • Duplex
  • 2 Bedrooms

Call the team on 024 7652 7789 for more information

Auction Date

Thu 16/05/2024

Auction Time

18:30

Auction Venue

Village Hotel, Dolomite Avenue, Coventry, CV4 9GZ

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: £15 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.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - these fees are included in the above sales particulars.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.