Auction House London

Lot 114

Terraced - Houses 

19 Peel Street

Coventry, West Midlands, CV6 5DU

Sold for £200,000

A Freehold Six Bedroom (all with Separate Shower Rooms) HMO Investment Producing £30,960 per annum

Description

Location

The property is situated on a residential road with Coventry University and the town center in close proximity. Numerous green open spaces are within easy reach including Websters Park and Red House Park. Transport links are provided by Coventry rail station.

Description (2nd Column)

The property comprises a six bedroom mid terraced house arranged over ground, first and second floors with a communal open plan reception/kitchen. To the rear there is a self contained garden studio/office. The property has been recently refurbished.

Viewing Details

Open House Viewings
Wednesday 9th May 16.45-17.15
Saturday 12th May 10.15-10.45
Wednesday 16th May 16.45-17.15
Saturday 19th May 14.45-15.15
Monday 21st May 17.00-17.30
Wednesday 23rd May 17.00-17.30

Addendum

The HMO licence has been applied for. It has not been granted

Accommodation & Tenancy Schedule

Floor Accommodation Tenancy Current
Annual Rent
Ground Floor Room 1, En-suite shower room with WC and wash basin Let on an AST at £440 pcm £5,280
Ground Floor Room 2, En-suite shower room with WC and wash basin Let on an AST at £400 pcm £4,800
First Floor Room 3, En-suite shower room with WC and wash basin Let on an AST at £440 pcm £5,280
First Floor Room 4, En-suite shower room with WC and wash basin Let on an AST at £400 pcm £4,800
First Floor Room 5, En-suite shower room with WC and wash basin Let on an AST at £400 pcm £4,800
Second Floor Room 6, Kitchenette, En-suite shower room with WC and wash basin Let on an AST at £500 pcm £6,000
Ground Floor Garden Office Studio (25ft by 13ft) Vacant Vacant

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 19 Peel Street, Coventry, West Midlands, CV6 5DU

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