Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £320,000
  • Auction Ended 15/06/2021

138 Charter Avenue Canley, Coventry, CV4 8EB

**ONLINE AUCTION**

To be sold via unconditional ONLINE Auction on Tuesday 15th June 2021
(visit auctionhouse.co.uk/online).

BIDDING OPENS: 13:00 on Monday 14th June 2021
AUCTION ENDS: 13:00 on Tuesday 15th June 2021

GUIDE PRICE: £320,000


Description

Unique investment opportunity. Fully tenanted and licenced HMO. 5 bedrooms (plus en-suites) with rent payable of £31,500 p.a. gross 8% yield. Within half a mile of Cannon Park Shopping Centre and Warwick University. Well presented.


ACCOMMODATION

GROUND FLOOR
Hallway:
Room 1 plus en suite: 12 ft 8 in x 8 ft 10 in
Communal Kitchen: 14 ft 6 in max x 15 ft 10 in
Room 2 plus en suite: Not inspected.
FIRST FLOOR
Room 3 plus en suite: 11 ft 8 in x 9 ft 10 in
Room 4 plus en suite: 12 ft 1 in 9 ft 10 in
SECOND FLOOR
Room 5 plus en suite: 16 ft 5 in max x 11 ft 7 in


OUTSIDE

Front: Garden and driveway.
Rear: Paved garden.


EPC RATING - C

TENURE

Freehold subject to tenancy.


TENANCY

Assured Shorthold Tenancy.
Term: 12 months commencing 10th September 2020
Rent payable: £2,625 p.c.m.


ADDITIONAL COSTS

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

Administration Charge

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

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* Guide | £320,000
  • 5 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.