1 bedroom first floor flat, requiring some redecoration, plus parking area to the rear. Located in a popular village near Bedworth and Nuneaton. Leasehold with 40 years remaining. Potential to achieve circa 18% yield once let. Ideal investment opportunity. ACCOMMODATION FIRST FLOOR
Hallway:
Lounge: 18 ft 8 in x 10 ft 11 in
Kitchen: 9 ft 1 in x 5 ft 4 in
Bedroom: 10 ft x 9 ft
Shower room: OUTSIDE Front: Communal grass area.
Communal parking area. SERVICES AND HEATING Mains electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
Electric central heating. EPC RATING - to be confirmed COUNCIL TAX BAND - A TENURE Leasehold with vacant possession.
Term: 99 years from 29/09/1966
Ground rent: £15 p.a.
Service charge: £150 p.a. ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyers Premium: £1,440 (£1,200 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
