6 Bedroom  House LOT 336

59 Albany Road, Coventry, CV5  6JR
BIDDING OPENS in...
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Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 6
  • Council Tax: Search

NEW ENTRY - Presented at price to ensure auction sale 6 Bed terrace in a popular residential location

OUTSTANDING INVESTMENT OPPORTUNITY. Long standing tenantsin place paying £1,695 pcm (£20,340 per annum)

DECORATED TO THE HIGHEST STANDARD THROUGHOUT Property features Double Glazing and Gas Central Heating.

Comprises: Lounge,/Dining room, Kitchen, fully fitted bathroom with two ground floor double bedrooms. First Floor - Upper landing with four double bedrooms and a fully fitted bathroom.

PERFECT PORTFOLIO ADDITION with super return on investment HIGH DEMAND RENTAL LOCATION within 10 minutes walk of the town centre and local amenities.

OUTSTANDING INVESTMENT OPPORTUNITY HIGH DEMAND RENTAL LOCATION 6 Bedroom terrace property. Generous room sizes. Comprises: Lounge,/Dining room, Kitchen, fully fitted bathroom with two ground floor double bedrooms. First Floor - Upper landing with four double bedrooms and a fully fitted bathroom. Property features - Double Glazing, Gas Central Heating Excellent investment property in popular residential area. Rental £1,695 per month (£20,340 per annum).

Located with close proximity to the University hospital Coventry, close to the M6 motorway with access to Birmingham or The M1 to London and the start of the M69 with its links to Hinckley, Leicester and the East Midlands. The position boasts easy access to Warwick University, A46, A45 and Birmingham airport. The Coventry railway station is close by and offers regular trains to London which takes just under an hour. From Coventry station the train to London Euston is approximately 60 minutes whilst the train to Birmingham Central is approximately 20 minutes.

Full Address: 59 Albany Road, Coventry, CV5  6JR

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Plans

59  Albany Road  Coventry

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Tenancy Details

Type of Agreement:
Length:
Rent: £20,340 per year / £1,695 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £324,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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