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5 bedroom end of terrace house for sale
120 Broomfield Road, Earlsdon, Coventry, West Midlands CV5 6LB
£225,000
120 Broomfield Road, Earlsdon, Coventry, West Midlands CV5 6LB
£225,000
Our Summary
- **IN THE ROOM AND LIVESTREAM** To be sold via Public Auction on Thursday 15th May 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
- Tenanted investment opportunity
- Ideal investment opportunity
- IN ROOM AND LIVESTREAM AUCTION
Description
This property is a tenanted investment opportunity, comprising of a well-presented end-terrace house with five let rooms, a communal kitchen/dining area, conservatory, and two shower rooms, plus a garage/workshop. The property is located in a sought-after area of Earlsdon and currently generates a gross income of £29,208 per annum, with a potential yield of circa 12%. The property is being sold via public auction on May 15th, 2025, with a guide price of £225,000 to £245,000. The property is freehold, subject to tenancies, and has expired HMO licence until April 23rd, 2024, with a new application pending. The property requires no work, with the current tenants paying rent on a rolling basis.