Property description
*AUCTION GUIDE PRICE £60,000 PLUS FOR SALE BY PUBLIC AUCTION ON TUESDAY 7TH JUNE 2016 @ 6PM. TO BE HELD AT BANKS'S STADIUM, BESCOT CRESCENT. WALSALL, WS1 4SA (SUBJECT TO PRIOR SALE AND CONDITIONS) (*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide) Victorian mid terrace property with the benefit of gas fired central heating. Situated close to the centre of Coventry, the property is in good contition and offers an ideal investment opportunity. Currently let on an Assured Shorthold Periodic Tenancy from 28th April 2015 at a monthly rent of £480.00 PCM. Offering a yield of almost 10% based upon guide. Ground Floor Lounge 3.65m x 3.55m, Dining Kitchen 3.5m x 3.5m, Rear Lobby, Bathroom 2.5m x 2.2m First Floor Bedroom One 3.65m x 3.5m, Bedroom Two 3.5m x 3.5m, Outside Yard and Rear Garden Viewing Strictly by appointment through Auctioneers on 0121 289 3838 and by courtesy of the tenant. Buyers Premium: A Buyers Premium of £500.00 plus V.A.T. will be charged (£600.00 inc V.A.T.)
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