Terraced house for sale

16 Meriden Street, Coundon, Coventry, West Midlands CV1

To be sold via unconditional timed online auction on Tuesday 20th August 2024
(Visit ).

Bidding opens: 13:00 on Monday 19th August 2024
auction ends: 13:00 on Tuesday 20th August 2024

guide price: £240,000 plus

Unique investment opportunity, 3 storey, double bayed mid terrace property requiring some improvements. The property comprises of 1 x 1 bedroom flat and 6 x bedsits.
Located within a popular area off Holyhead Road, with close proximity to Coventry City Centre. Potential to achieve a yield circa 21% p.a. Once fully let!

Accommodation Steps leading to:
Ground floor

Hallway:
Bedsit 1:
Lounge/Kitchen/Bedroom: 15 ft 10 in max x 13 ft 6 in max
Shower room:
Bedsit 2:
Lounge/Kitchen/Bedroom: 13 ft 2 in x 11 ft 10 in max
Shower room:
Flat 3: Lounge/Kitchen: 15 ft 2 in max x 11 ft 1 in max
Bedroom: 10 ft 11 in x 8 ft 2 in
Shower room:
First floor

Bedsit 4:
Lounge/Kitchen/Bedroom: 13 ft 4 in max x 11 ft 11 in
Shower room:
Utility Cupboard:
Bedsit 5:
Lounge/Kitchen/Bedroom: 13 ft 1 in x 11 ft 11 in max
Shower room:
Bedsit 6:
Lounge/Kitchen/Bedroom: 17 ft 8 in max x 15 ft 11 in max
Second floor

Bedsit 7:
Lounge/Kitchen/Bedroom: 14 ft 7 in max x 13 ft 2 in max
outside Front: Stoned/Hard area
Rear: Overgrown garden
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.)
EPC rating Bedsit 1 - D
Flat 3 - C
Bedsit 2,4,6 - C
Bedsit 7 - E
council tax band - All bedsits and flat are band A
tenure Freehold with vacant possession
additional costs Administration Fee: £1,200 (£1,000 plus VAT)
Buyers premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.

Tenure: See Legal Pack