Tenanted investment opportunity. Well presented property with 5 let rooms, communal kitchen/dining area, 2 separate bathrooms and 1 bedroom with ensuite. Located in a sought after area near to Earlsdon. Current rent payable £30,960 p.a. circa 13% yield. Current HMO licence until 22/04/2027 (not transferable). Ideal Investment opportunity. ACCOMMODATION GROUND FLOOR
Bedroom 1: 13 ft 5 in x 11 ft 11 in
Kitchen/diner: 18 ft 1 in x 12 ft 4 in
FIRST FLOOR
Bathroom:
Bedroom 2: 12 ft 4 in x 11 ft 4 in
Bedroom 3: 11 ft 11 in x 8 ft 10 in
Bedroom 4: 8 ft 11 in x 8 ft 6 in
SECOND FLOOR
Bathroom:
Bedroom 5 with en-suite: 18 ft x 9 ft 5 in OUTSIDE Front: Fenced garden.
Rear: Garden.
On street parking SERVICES AND HEATING 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.)
Gas central heating. EPC RATING - C COUNCIL TAX BAND - A TENURE Freehold subject to tenancy. TENANCY Assured Shorthold Tenancy
Term: 12 months from 01/07/2025
Rent payable: £2,580 p.c.m. net ADDITIONAL COSTS Administration Fee: £1,920 (£1,600 plus VAT)
Buyer's Premium: £1,800 (£1,500 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.
Auction House Coventry & Warwickshire
