1 Grantham Street, Stoke, Coventry, West Midlands CV2 4FP
- PROPERTY TYPE
End of Terrace
- SIZE
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- TENUREDescribes 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
- IN ROOM AND LIVESTREAM AUCTION
- 11 units
- Tenanted investment opportunity
- Current rent payable £53,580 p.a.
- Yield 21% p.a.
- Freehold
Description
** IN THE ROOM AND LIVESTREAM AUCTION **
To be sold via Public Auction on Thursday 16th July 2026 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: £235,000 - £255,000
Unique opportunity, part tenanted, end terrace property, comprising of 11 self contained units requiring redecoration. Located in a popular residential area off Swan Lane. Current rent payable £46,080 p.a. Gross circa 19 % yield. Ideal investment opportunity.
ACCOMMODATION GROUND FLOOR
Room 1:
Lounge/kitchen/bedroom plus ensuite: 12 ft 6 in x 11 ft 6 in
Room 2:
Lounge/kitchen/bedroom plus ensuite: 10 ft 10 in x 11 ft 3 in
Room 2A
Lounge/bedroom: 14 ft 7 in x 8 ft 4
Kitchen area: 5 ft 9 in x 3 ft 11 in
Shower room:
Separate access to the rear.
Room 3: Not inspected.
The Lodge: Not inspected.
Lounge/kitchen/bedroom plus ensuite:
FIRST FLOOR
Room 5
Bedroom: 9 ft 9 in x 7 ft 9 in
Kitchen: 7 ft 6 in x 4 ft
Shower room:
Room 5A
Lounge/kitchen/bedroom plus ensuite: 10 ft 3 in x 9 ft 1 in
Room 6
Not inspected
Room 7
Lounge/kitchen/bedroom plus ensuite: 15 ft 5 in max x 12 ft 1 in max
SECOND FLOOR
Room 4
Lounge/kitchen/bedroom plus ensuite: 11 ft 2 in max x 8 ft 4 in
Room 4A
Hallway:
Kitchen: 8 ft 9 in 5 ft 2 in
Lounge/bedroom: 11 ft 9 in max x 7 ft 8 in max
Bathroom:
OUTSIDE Small yard to the rear.
On street parking.
SERVICES AND HEATING 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.)
Gas central heating.
EPC RATING Flat 1: D,
Flat 2: To be confirmed.
Flat 2A: D
Flat 3: D
Flat 4: To be confirmed.
Flat 4A: To be confirmed.
Flat 5: To be confirmed.
Flat 5A: To be confirmed.
Flat 6: To be confirmed.
Flat 7: To be confirmed.
The Lodge: To be confirmed.
COUNCIL TAX BAND Flat 1: A
Flat 2: No banding information available on Local Authority website.
Flat 2A:
Flat 3: A
Flat 4: A
Flat 4A:
Flat 5: A
Flat 5A:
Flat 6: A
Flat 7: A
The Lodge: No banding information available on Local Authority website.
TENURE Freehold subject to tenancies.
TENANCIES Flat 1: Occupation commenced: 25/07/2025
Rent payable: £450 p.c.m.
Flat 2: Occupation commenced: 15/03/2023
Rent payable: £475 p.c.m.
Flat 2A: Occupation commenced: 02/04/2021
Rent payable: £495 p.c.m.
Flat 3: Vacant
Flat 4: Vacant
Flat 4A: Occupation commenced: 28/07/2022
Rent payable: £495 p.c.m.
Flat 5: Occupation commenced: 01/12/2023
Rent payable: £575 p.c.m.
Flat 5A: Occupation commenced: 14/03/2022
Rent payable: £450 p.c.m.
Flat 6: Occupation commenced: 09/05/2017
Rent payable: £350 p.c.m.
Flat 7: Vacant
The Lodge: Occupation commenced: 08/07/2022
Rent payable: £550 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £2,160 (£1,800 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.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
1 Grantham Street, Stoke, Coventry, West Midlands CV2 4FP
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Visit our security centre to find out moreDisclaimer - Property reference 202504161402sq_dwqo. 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 Andrew Granger, 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 Andrew Granger, 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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