Investment opportunity - Terraced property comprising of 5 tenanted flats, with rent payable £35,700 p.a. Requiring some improvements, includes a cellar and rear yard. Accommodation extends over 3 floors. Popular location, approximately 1 mile from the City centre.

NOTE

Please see Legal Pack for Notice served by Coventry City Council relating to HMO Licensing.

ACCOMMODATION

CELLAR GROUND FLOOR Flat 1 No Access Flat 5 Lounge/bedroom/Kitchen: 13 ft 2 in max x 29 ft max Shower room: FIRST FLOOR Flat 2 Lounge/Bedroom: 15 ft 3 in max x 18 ft 5 in max Kitchen: 4 ft 8 in max x 7 ft 7 in max Shower room: Flat 3 Lounge/Bedroom: 11 ft 11 in max x 13 ft 2 in Kitchen/diner: 15 ft 5 in max x 7 ft 5 in Shower room SECOND FLOOR Flat 4 Lounge/Bedroom: 8 ft 8 in x 16 ft 10 in Kitchen: 8 ft 2 in max x 6 ft 2 in max Bathroom:

OUTSIDE

Outside W.C. Parking in street.

SERVICES

Mains gas, electricity, water and sewage are supplied to the property, with solar panels on the roof. (No tests have been carried out and we are therefore unable to confirm connections.)

EPC RATING

Flat 1 - C Flat 2 - A Flat 3 - D Flat 4 - D Flat 5 - D

COUNCIL TAX BAND

All flats are band A

TENURE

Freehold subject to tenancies.

TENANCIES

Flat 1 - Assured Shorthold Tenancy Term: 12 months from 08/09/2023 Rent payable: £525 p.c.m. Flat 2 - Assured Shorthold Tenancy Term: 12 months from 31/01/2024 Rent payable: £575 p.c.m. Flat 3 - Assured Shorthold Tenancy Term: 12 months from 07/12/2023 Rent payable: £700 p.c.m. Flat 4 - Assured Shorthold Tenancy Term: 12 months from 25/03/2022 (now rolling) Rent payable: £525 p.c.m. Flat 5 - Assured Shorthold Tenancy Term: 12 months from 21/02/2024 Rent payable: £650 p.c.m.

ADDITIONAL COSTS

Administration Fee: £1,650 (£1,375 plus VAT) Please see the legal pack for any further costs.

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.