Auction House / Coventry and Warwickshire
  • For Sale By Unconditional Online Auction
  • Guide Price* : £240,000
  • Auction Ended 20/08/2024

16 Meriden Street Coundon, Coventry, West Midlands, CV1 4DL

To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 20th August 2024
(Visit auctionhouse.co.uk/online).

BIDDING OPENS: 13:00 on Monday 19th August 2024
AUCTION ENDS: 13:00 on Tuesday 20th August 2024

GUIDE PRICE: £240,000 plus

Description

To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 20th August 2024
(Visit auctionhouse.co.uk/online).

BIDDING OPENS: 13:00 on Monday 19th August 2024
AUCTION ENDS: 13:00 on Tuesday 20th August 2024

GUIDE PRICE: £240,000 plus

Unique investment opportunity, 3 storey, double bayed mid terrace property requiring some improvements. The property comprises of 1 x 1 bedroom flat and 6 x bedsits.
Located within a popular area off Holyhead Road, with close proximity to Coventry City Centre. Potential to achieve a yield circa 21% p.a. once fully let!

ACCOMMODATION Steps leading to:
GROUND FLOOR
Hallway:
Bedsit 1:
Lounge/Kitchen/Bedroom: 15 ft 10 in max x 13 ft 6 in max
Shower room:
Bedsit 2:
Lounge/Kitchen/Bedroom: 13 ft 2 in x 11 ft 10 in max
Shower room:
Flat 3: Lounge/Kitchen: 15 ft 2 in max x 11 ft 1 in max
Bedroom: 10 ft 11 in x 8 ft 2 in
Shower room:
FIRST FLOOR
Bedsit 4:
Lounge/Kitchen/Bedroom: 13 ft 4 in max x 11 ft 11 in
Shower room:
Utility Cupboard:
Bedsit 5:
Lounge/Kitchen/Bedroom: 13 ft 1 in x 11 ft 11 in max
Shower room:
Bedsit 6:
Lounge/Kitchen/Bedroom: 17 ft 8 in max x 15 ft 11 in max
SECOND FLOOR
Bedsit 7:
Lounge/Kitchen/Bedroom: 14 ft 7 in max x 13 ft 2 in max
OUTSIDE Front: Stoned/Hard area
Rear: Overgrown garden
Parking: On street.
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 Bedsit 1 - D
Flat 3 - C
Bedsit 2, 4, 6 - C
Bedsit 7 - E
COUNCIL TAX BAND - All bedsits and flat are band A
TENURE Freehold with vacant possession
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyers premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.

Tenure: See Legal Pack

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.

Buyers Premium

Buyers premium: £1,200 (£1,000 plus VAT)

Administration Charge

Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.

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* Guide | £240,000
  • Unconditional (Immediate Exchange)

Call the team on 024 7652 7789 for more information

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Floor plan Floor plan
Unconditional Sale Terms & Conditions
Finance available on this property
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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.