9
Beckbury Road, Walsgrave, CV2
SSTC
£70,000
2 bedrooms, 1 bathrooms, 1 receptions
Summary:
*** VIA MODERN METHOD OF AUCTION *** Perfect investment opportunity as this property is currently rented at £900pcm, giving this property a 10% yield income. Pointons Estate Agents are pleased to welcome to market this two bedroom ground floor apartment on Beckbury Road, Walsgrave, Coventry. Close to local shops, schools, the motorway network and within walking distance to the University Hospital Coventry. This property does require modernisation throughout, having electric/storage heating and double glazing throughout. In brief the property comprises of an entrance hall, living room, kitchen, two bedrooms and bathroom. This property is offered with no upward chain, can be vacant possession and access for viewings for the agent. EPC D
Key Features:
- FOR SALE BY AUCTION
- CASH PURCHASE ONLY
- NO UPWARD CHAIN
- TWO BEDROOM GROUND FLOOR APARTMENT
- ELECTRIC HEATING & DOUBLE GLAZING
- SOLD WITH FIXED TERM TENANCY UNTIL JULY 2025
- COUNCIL TAX BAND A
- EPC D
Full Details:
Entrance Hall
Entrance via front door, doors off to various rooms, carpeted, storage cupboards and storage heater.
Living Room (4.60m x 3.20m (15'1" x 10'6"))
With double glazed window to front, carpeted and storage heater.
Kitchen (3.60m x 2.10m (11'10" x 6'11"))
Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with drainer and taps, space for cooker and fridge/freezer, plumbing for washing machine, tiled splashbacks and flooring and double glazed window to front.
Bedroom (4.40m x 3.20m (14'5" x 10'6"))
With double glazed window to rear, carpeted and electric heater.
Bedroom (2.60m x 3.10m (8'6" x 10'2"))
With double glazed window to rear, carpeted and electric heater.
Bathroom (1.60m x 1.90m (5'3" x 6'3"))
Fitted with a panelled bath with shower over, hand wash basin with mixer tap, low level WC, tiled flooring and splashbacks, extractor fan and obscure double glazed window to side.
Tenure
Leasehold - There are believed to be 54 years left on lease (£18,000 to extend lease to 145 years), a ground rent charge of £40.00 per annum and a service charge of £840.00 per annum.
Council Tax Band
Council Tax Band A
Disclaimer
Please Note: All fixtures & Fittings are excluded unless detailed in these particulars. None of the equipment mentioned in these particulars has been tested; purchasers should ensure the working order and general condition of any such items.
Rental Yield
The property s currently has a tenant in situ which is currently achieving a rental of £750pm and can achieve £850 - £895pcm. This property is perfect for investors. A potential yield of 8.5%
AUCTION INFORMATION
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Viewing & Disclaimer:
Please contact us on 024 7663 3221 if you wish to arrange a viewing appointment for this property, or require further information.
Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.
Pointons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
