Call the team on 024 7652 7789 for more information
Unique opportunity - Portfolio of 11 properties, 7 of which are tenanted, with current rent payable of £57,758.75 p.a. with potential of circa £82,000 once fully let. Comprising 5 x 1 bed flats, 2 x 2 bed flats, 2 x house, 2 x bungalows. Located on the outskirts of Bedworth town centre an ideal investment opportunity. 2 of the vacant flats require modernisation.
NOTE
The auctioneers have not inspected all of the units and are relying on the information provided by the sellers.
ACCOMODATION
No. 39 - 4 bedroom house No. 41 - 2 bedroom ground floor flat No. 41a - 1 bedroom first floor flat No. 43 - 1 bedroom ground floor flat No. 43a - 1 bedroom first floor flat No. 43b - 1 bedroom first floor No. 45 - 2 bedroom bungalow No. 45a - 2 bedroom bungalow No. 47a - 1 bedroom town house No. 47 - 1 bedroom ground floor flat No. 47c - 2 bedroom duplex flat
OUTSIDE
Driveway and gated access to Nos. 45, 45a and 47a
SERVICES AND HEATING
Electricity, gas, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
TENURE
Freehold subject to tenancies.
TENANCIES
No. 39 Commenced: 01/09/2025 Rent payable: £1,084 p.c.m. No. 41 - Vacant No. 41a Commenced: 24/01/2019 Rent payable: £442 every 4 weeks No. 43 Commenced: 26/05/2019 Rent payable: £575 p.c.m. No. 43a - Vacant No. 43b - Vacant No. 45 Commenced: 12/03/2024 Rent payable: £893.75 p.c.m. No. 45a Commenced: 23/09/2023 Rent payable: £825 p.c.m. No. 47a Commenced: 14/04/2026 Rent payable: £440 p.c.m. No. 47 - Vacant No. 47c Commenced: 11/04/2020 Rent payable: £476.74 every 4 weeks
ADDITIONAL COSTS
Administration Fee: £1,920 (£1,600 plus VAT) Buyers Premium: £2,400 (£2,000 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.