5 Marlborough Road, Coventry, West Midlands, CV2 4EN
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
5
- SIZE
1,300 sq ft
121 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- FOR SALE BY AUCTION. 15th May 2024. UNLESS SOLD PRIOR,
- SUBJECT TO All AUCTION CONDITIONS, AS PER THE LEGAL PACK.
- Auction Finance Available By Request.
- Auction legal pack available by request.
- Ideal for owner occupiers and investors.
- Viewings: By appointment. Friday 3rd May 2024
- Vacant Possession
- Excellent Location
- Fully licensed HMO
- Previously fully let at £2,000 per month/ £24,000 a year, 11% gross yield.
Description
Freehold middle terrace house. Full HMO license. (previously fully let, £24,000 per annum) Ideal investment property. Excellent location. Vacant possession.
ACCOMMODATION:
Ground floor: Entrance hall, WC, kitchen, reception, en suite bedroom, garden.
First floor: Two en suite rooms
Top floor: Two en suite rooms.
LOCATION:
Coventry is a cathedral city and metropolitan borough in the West Midlands county, in England, on the River Sherbourne. Coventry had been a large settlement for centuries. Founded in the early Middle Ages, its city status was formally recognised in a charter of 1345.[8] The city is governed by Coventry City Council. It is the second largest city in the West Midlands region, after Birmingham, from which it is separated by an area of green belt known as the Meriden Gap; it is the third largest in the wider Midlands after Birmingham and Leicester. Coventry is 19 miles (31 km) east-south-east of Birmingham, 24 miles (39 km) south-west of Leicester, 10 miles (16 km) north of Warwick and 94 miles (151 km) north-west of London.
VIEWING:
By appointment Friday 3rd May
TENURE:
Freehold.
AUCTION DATE:
Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Wednesday 15th May 2024.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Ask agent
5 Marlborough Road, Coventry, West Midlands, CV2 4EN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Coventry Station1.4 miles
- Coventry Arena Station2.6 miles
- Canley Station2.8 miles
About the agent
Connect-UK, Head Office - Crawley
Connect UK Auctions Head Office Richmond House 105 High Street Crawley West Sussex RH10 1DD
Connect UK Auctions, Nationwide Property and Land Auctioneers
Sell Property & Land Today | Exchange Immediately | Complete in 28 Days
We are the first UK's property auction house to offer a fully 'interactive' bidding service Via "Connect Realtime®". Alongside our BBC and Channel 4's well known auctioneer, Adam Partridge, we also have a presenter to introduce the auction and its lots for the benefit of all of our viewers and participants.
We sell large residential and commer
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference CCM-77199303. 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 Connect-UK, Head Office - Crawley. 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 Connect-UK, Head Office - Crawley on 01202 145416.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.