Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £260,000
  • Auction Ended 08/04/2021

11 Melville Road Coundon, Coventry, West Midlands, CV1 3AN

**ONLINE AUCTION**

To be sold via unconditional ONLINE Auction on Thursday 8th April 2021
(visit auctionhouse.co.uk/online).

BIDDING OPENS: 12:00 on Tuesday 6th April 2021
AUCTION ENDS: 12:00 on Thursday 8th April 2021

GUIDE PRICE: £260,000


Description

Ideal investment opportunity. Fully tenanted mid terraced, 3 storey property with 6 let rooms. Current rent payable £26,040 p.a. (gross). Located within a popular residential area.


ACCOMMODATION

Note: The auctioneers were unable in inspect rooms 1,2,3 & 4.

GROUND FLOOR
Hallway:
Room 1: 15 ft 10 in max x 13 ft 2 in max
Room 2: 14 ft 1 in x 11 ft 3 in max
W.C.
Kitchen/ Dining room: 27 ft 9 in x 9 ft 5 in
FIRST FLOOR
Room 3: 11 ft 4 in x 9 ft 6 in
Room 4: 14 ft 1 in x 11 ft 2 in max
Room 5: 15 ft 10 in x 10 ft 6 in max
Bathroom:
SECOND FLOOR
Room 6: 16 ft 5 in x 13 ft 11 in


OUTSIDE

Front: Paved area.
Rear: Garden.


EPC RATING - D

TENURE

Freehold subject to tenancies.


TENANCIES

Assured Shorthold Tenancies
Room 1
Term: 6 months commencing 7th March 2021
Rent payable: £375 p.c.m.
Room 2
Term: 12 months commencing 28 December 2020
Rent payable: £250 p.c.m.
Room 3
Term: 6 months commencing 1st October 2020
Rent payable: £375 p.c.m.
Room 4
Term: 12 months commencing 8th February 2021
Rent payable: £350 p.c.m.
Room 5
Term: 12 months commencing 18th May 2020
Rent payable: £370 p.c.m.
Room 6
Term: 12 months commencing 12th January 2021
Rent payable: £350 p.c.m.


ADDITIONAL COSTS

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

Lot Type

Residential Investments

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £260,000
  • 6 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 024 7652 7789 for more information

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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.