For Sale By Auction | 18:30, 19 September 2024 | Lot 14

321 Croft Road, Stockingford, Nuneaton, Warwickshire CV10 7DZ

*Guide | £400,000 - £420,000 (plus fees)

  • Semi-Detached House

Call the team on 024 7652 7789 for more information

Auction Date

Thu 19/09/2024

Auction Time

18:30

Auction Venue

Village Hotel, Dolomite Avenue, Coventry, CV4 9GZ

Tenanted investment opportunity. Consisting of 2 x studios, 4 x 1 bedroom flats and 1 x 2/3 bedroom flat. All benefit from separate meters and communal parking. Located in a popular residential area, approximately 2 miles to George Eliot Hospital. Current rent payable £39,300 p.a.

ACCOMMODATION

GROUND FLOOR Flat 4 Lounge/Kitchen/Bedroom: 24 ft 9 in max x 10 ft 11 in Bathroom: Flat 7 Lounge/Kitchen/Bedroom: 19 ft 4 in x 8 ft Shower room Yard: MAIN BUILDING GROUND FLOOR Flat 5 Lounge/Kitchen: 17 ft 10 in x 15 ft 7 in max Bedroom: 11 ft 2 in x 9 ft 8 in max Shower room: Flat 6 Lounge/Kitchen: 27 ft 5 in max x 13 ft 9 in Bedroom: 14 ft max x 10 ft 3 in Shower room: Yard: FIRST FLOOR Store room: Flat 1 Lounge/Kitchen: 16 ft 3 in x 16 ft 2 in Bedroom: 13 ft 2 in x 9 ft Bathroom: Flat 2 Lounge/Kitchen: 13 ft 11 ft x 10 11 in Bedroom: 10 ft 10 in x 10 ft Bathroom: SECOND FLOOR Hallway: Flat 3 Lounge: 18 ft 3 x 15 ft 4 Dining area: 13 ft 2 in x 12 ft 10 in Kitchen area: 12 ft 8 in x 12 ft 1 in Bedroom 1: 12 ft 11 in x 11 ft 1 in W.C. Shower room: Bedroom 2: 11 ft 6 in x 8 ft 10 in

OUTSIDE

Communal parking. Flat 6 : Yard. Flat 7: Yard.

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

Flats 1, 4, 5, 6, 7 - E Flats 2, 3 - D

COUNCIL TAX BAND

All flats are band A

TENURE

Freehold subject to tenancies.

TENANCIES

Flat 1 - Assured Shorthold Tenancy Term: 6 months from 06/10/2022 (now rolling) Rent payable: £475 p.c.m. Flat 2 - Assured Shorthold Tenancy Term: 6 months from 24/04/2023 (now rolling) Rent payable: £450 p.c.m. Flat 3 - Assured Shorthold Tenancy Term: 6 months from 12/10//2022 (now rolling) Rent payable: £550 p.c.m. Flat 4 - Assured Shorthold Tenancy Term: 6 months from 6/06/2024 Rent payable: £400 p.c.m. Flat 5 - Assured Shorthold Tenancy Term: 6 months 30/05/2024 Rent payable: £500 p.c.m. Flat 6 - Assured Shorthold Tenancy Term: 6 months from 10/01/2024 Rent payable: £450 p.c.m. Flat 7 - Assured Shorthold Tenancy Term: 6 months 13/08/2024 Rent payable: £400 p.c.m

ADDITIONAL COSTS

Administration Fee: £1,650 (£1,375 plus VAT) Buyer's Premium: £1,200 (£1,000 plus VAT) Please see the legal pack for any further costs.

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.