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SOLD STC

113 Gravel Hill, Tile Hill, Coventry, West Midlands CV4 9JR

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • **SOLD PRIOR**
  • IN ROOM AND LIVESTREAM AUCTION
  • Rent payable £7,500 p.a.
  • Leasehold approximately 90 years remaining
  • Investment opportunity
  • Popular location
  • 1 bedroom flat

Description

** SOLD PRIOR**

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 21st November 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £60,000 to £70,000

** SOLD PRIOR**

Investment opportunity. Tenanted 1 bedroom flat, first floor. Leasehold with 89 years remaining. Benefiting from gas central heating, Current rent payable £7,500 p.a. Ideal investment.

ACCOMMODATION FIRST FLOOR
Entrance hall:
Lounge: 15 ft 9 in x 9 ft
Kitchen: 9 ft x 5 ft 10 in
Bedroom: 12 ft 9 in x 10 ft 9 in
Bathroom:
OUTSIDE On street parking.
Communal grassed area.
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 - C
COUNCIL TAX BAND - A
TENANCY Assured Shorthold Tenancy.
Term: 6 months from 18/05/2023 (now rolling)
Rent payable: £625 p.c.m.
TENURE Leasehold subject to tenancy.
Term: 125 years commencing 15/05/1989
Ground rent: £10 p.a.
Ground rent review date: to be confirmed.
Service charge: £624 p.a.
Service charge period: October 2022 to September 2023
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.

Tenure: See Legal Pack

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

113 Gravel Hill, Tile Hill, Coventry, West Midlands CV4 9JR

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About Loveitts, Coventry - Auction

29 Warwick Row, Coventry, CV1 1DY

Loveitts are Coventry and Warwickshires leading Auctioneers, and are justifiably proud of their long and successful record of selling both residential and commercial properties ?under the hammer?. Being part of the Nationwide group of Auctioneers, Auction House, Loveitts are able to provide National Coverage, Regional Expertise and Local Knowledge, with Loveitts having being established since 1843!

The firm immediately adapted to the Covid 19 pandemic by moving all bidding ONLINE. We are now happy to say that we are back in the room and are keeping the Livestream and online bidding available. Local in the room and livestream Auctions are held every 2 months, with National online Auctions available weekly!! So whatever your timings we have an Auction to suit.

Appraisals can be carried out in many different ways, to ensure that the best possible advice is given. In addition as part of our ongoing service, vendors receive regular progress reports throughout the entire marketing campaign, to ensure that properties sell, and for the best price.

Contact us and we will be delighted to assist you.

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Disclaimer - Property reference 202409201351sq_mfwf. 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 Loveitts, Coventry - Auction. 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 Loveitts, Coventry - Auction on 024 7542 7371.

*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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