29 Carmelite Road, Stoke, Coventry, West Midlands CV1 2BX

Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A

Key Features: • **This property is currently available – Please contact the Auctioneers to register your interest** • IN ROOM AND LIVESTREAM AUCTION • 4 lettable rooms • Tenanted investment opportunity • Current rent £31,200 p.a. • 3 storey • Current HMO Licence until July 2026 (not transferable)

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 29 Warwick Row, Coventry, CV1 1DY

Full Description: **This property is currently available – Please contact the Auctioneers to register your interest**

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 6th February 2025 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: £230,000 to £250,000**This property is currently available – Please contact the Auctioneers to register your interest**

Tenanted investment opportunity. 3 storey, mid terrace property with 4 let rooms. Each room has their own ensuite apart from room 1 which has a separate shower room. Current rent payable £31,200 p.a. yield circa 13%. HMO licence until July 2026 (not transferable)ACCOMMODATION GROUND FLOOR Hallway: Room 1: 11 ft 1 in x 8 ft 2 in Lounge: 12 ft x 11 ft 6 in Kitchen: 13 ft 3 in x 6 ft 1 in Shower room: FIRST FLOOR Room 2 with ensuite: 11 ft 7 in max x 11 ft 11 in Room 3 with ensuite: 11 ft 7 in max x 9 ft 8 in SECOND FLOOR Room 4 with ensuite: 15 ft 3 in max x 11 ft 7 in maxOUTSIDE Front: Garden. Rear: Garden and 2 x stores. 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 - DCOUNCIL TAX BAND - ATENURE Freehold subject to tenancies.TENANCY/TENANCIES Room 1 Term: 6 months from 16/11/2023 Rent payable: £685 p.c.m. Room 2 Term: 4 months from 27/08/2022 (now Rolling) Rent payable: £625 p.c.m. Room 3 Term: 30 days from 02/02/2025 Rent payable: £640 p.c.m. Room 4 Term: 2 months from 12/05/2024 (now rolling) Rent payable: £650 p.c.m.ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT) Buyers Premium: £1,200 (£1,000 plus VAT) Please see the legal pack for any further costs.Tenure: See Legal PackDisbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.