2 Bedroom  House LOT 339

101 Terry Road, Coventry, CV1  2AZ
BIDDING OPENS in...
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Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

NEW ENTRY - Presented at price to ensure auction sale 2 Bed terrace in a popular residential location

OUTSTANDING INVESTMENT OPPORTUNITY. Long standing tenant in place paying £945 pcm (£11,340 per annum)

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

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

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 2 Bedroom terrace property. Generous room sizes. Comprises: Lounge,Dining room, Kitchen and a fully fitted family bathroom. First Floor - Upper landing with two double bedrooms. Property features - Double Glazing, Gas Central Heating Excellent investment property in popular residential area. Rental £945 per month (£11,340 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: 101 Terry Road, Coventry, CV1  2AZ

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Tenancy Details

Type of Agreement:
Length:
Rent: £11,340 per year / £945 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £162,000

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).

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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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