For Sale By Auction | 18:30, 06 February 2025

522 Stoney Stanton Road, Foleshill, Coventry, West Midlands CV6 5FS

*Guide | £160,000 - £180,000 (plus fees)

  • End of Terrace House
  • 4 Bedrooms

Call the team on 024 7652 7789 for more information

Auction Date

Thu 06/02/2025

Auction Time

18:30

Auction Venue

Village Hotel, Dolomite Avenue, Coventry, CV4 9GZ

Part tenanted investment opportunity. End terrace property consisting of 2 x self-contained studio flats and 2 x bedsits with communal bathroom. The property requires redecoration and benefits from electric heating and double glazing. It is located on the corner of Stoney Stanton Road and Station Street East. Current rent payable £15,600 p.a. with potential to increase once fully let.

ACCOMMODATION

GROUND FLOOR Room 1: Lounge/Kitchen/Bedroom: 13 ft 9 in x 9 ft 10 in Shower room: Room 2: Lounge/Kitchen/Bedroom: 14 ft 8 in max x 9 ft 4 in max Shower room Rear hall leading to garden FIRST FLOOR Room 3: Lounge/Kitchen/Bedroom: 14 ft 10 in x 9 ft 9 in Shower room Room 4: Lounge/Kitchen/Bedroom: 11 ft 9 in max x 10 ft 8 in max Boiler/Storage room

OUTSIDE

Rear: Garden - accessed via Room 2 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.) Electric heating.

EPC RATING - D

COUNCIL TAX BAND - A

TENURE

Freehold subject to tenancies.

TENANCIES

Assured Shorthold Tenancy Room 1: Vacant Room 2: Term: 6 months from 10/06/2024 Rent Payable: £650 p.c.m. Room 3: Term: 6 months from 01/11/2024 Rent Payable: £650 p.c.m. Room 4: Vacant Rent Payable: £550 p.c.m.

ADDITIONAL COSTS

Administration Fee: £1,440 (£1,200 plus VAT) Buyer's Premium: £1,440 (£1,200 plus VAT) Please see the legal pack for any further cost

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.