Accommodation Flat
7 Culworth Court, Foleshill, Coventry, West Midlands CV6 5JY
£40,000
10 July 2025
GUIDE PRICE
AUCTION DATE
- Flat
- 2 Bedroom(s)
Tenanted, 2 bedroom first floor flat with garage, requiring some improvements. Accessed off Eld Road, Foleshill. Leasehold with 44 years remaining. Ideal investment opportunity with current yield circa 18% p.a FIRST FLOOR Hallway: Lounge: 13 ft 3 in x 9 ft 11 in Kitchen: 9 ft 10 in x 6 ft 2 in Bedroom 1: 10 ft 3 in x 9 ft Bedroom 2: 10 ft 5 in x 6 ft 3 in Bathroom: Front: Communal gardens. Rear: Garage in a block. Communal parking. 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.) Electric heating. Leasehold subject to tenancy Term: 99 years from 01/01/1970 Ground rent: £40 p.a. Service Charge: £1200 p.a Assured Shorthold Tenancy Term: 6 months from 03/08/2023 (Now rolling) Rent payable: £600 p.c.m. Administration Fee: £1,440 (£1,200 plus VAT) Buyer's Premium: £600 (£500 plus VAT) Please see the legal pack for any further costs. We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
7 Culworth Ct, CV6 5JY
Guide Price
£40,000
Auction Date
10 Jul 2025
Time
18:30
Lot
8
Venue
Online
Auctioneer
Auction House
Auction House
Auction House UK The Barn Newmarket Road Cringleford Norwich NR4 6UE
About Auction House
Auction House UK is a network of property auctioneers who cover the whole of the country. They operate over 40 auctions rooms nationwide, holding in excess of 200 auctions and selling over 3,000 properties every single year. They have won numerous industry awards over the past five years, including gaining the title of Residential Auction House of the Year and Franchise/Network Group of the Year on multiple occasions.