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61 Firedrake Croft, Coventry, West Midlands, CV1 2DR

Guide Price
£95,000

Business rates & charges may apply

Lambert Smith Hampton, Auctions
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SECTOR

Commercial property for sale

Key features

  • Residential Investment Producing £10,200 Per Annum
  • Two Bedroom Apartment
  • Approximately 48.30 sq m (520 sq ft) GIA

Description

SALE ON BEHALF OF THE JOINT LPA RECEIVERS

For Sale by Public Online Auction on 05/06/2024 13:00

Location
The property is situated on Firedrake Croft, Coventry, approximately 1.5 miles east of Coventry city centre.

Access to the national motorway network, via Junction 2 of the M6 motorway, is approximately 4.3 miles northeast of the property at Ansty Interchange. Ansty Interchange also provides access to the M69, A46, A4600, and B4065. Coventry train station is located approximately 1.5 miles from the property.

The immediate locality is made up of residential estates with terraced accommodation surrounding Firedrake Croft.

Description
The property is situated within a modern brick built apartment block on the first floor under a pitched tiled roof. The property benefits from UPVC double glazed windows throughout.

The property comprises a first floor apartment providing an open plan kitchen/lounge, two bedrooms and bathroom with WC. The apartment extends to approximately 48.30 sq m (520 sq ft) GIA.

The property benefits from one car parking space located to the rear.

Tenure
Leasehold under Title Number WM854233 for a term of 155 years from 1 January 2003 at an initial ground rent of £150.00 per annum.

Tenancy
The property is occupied under the terms of a 12 month Assured Shorthold Tenancy Agreement dated 7 September 2023. The rent payable is £850.00 per calendar month/£10,200 per annum.

EPC - B:85

Refer to the legal documentation

For further information please go to

Brochures

61 Firedrake Croft, Coventry, West Midlands, CV1 2DR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Station0.9 miles
  • Canley Station2.4 miles
  • Coventry Arena Station3.0 miles

Notes

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Disclaimer - Property reference 241893. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lambert Smith Hampton, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 020 3834 8766.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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