Flat 2, 15 Albany Road, Earlsdon... 1 bed flat for sale

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Flat 2, 15 Albany Road, Earlsdon... 1 bed flat for sale

Flat 2, 15 Albany Road, Earlsdon, Coventry, West Midlands CV5 6JQ
£35,000

Our Summary

  • *IN THE ROOM AND LIVESTREAM*To be sold via Public Auction on Thursday 10th July 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZJust turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding
  • Tenanted investment opportunity
  • 1 bedroom first floor flat requiring redecoration
  • IN ROOM AND LIVESTREAM AUCTION
  • In room and livestream auction

Description

This property is a one-bedroom first-floor flat in a popular residential area, requiring redecoration. It is a tenanted investment opportunity with a leasehold tenure and 49 years remaining on the lease. The current rent is £8,100 per annum, generating a circa 18% yield. The flat has a hallway, lounge, kitchen, bedroom, and bathroom, and benefits from mains gas, electricity, water, and sewage supplies, as well as gas central heating. The property is available for sale via public auction on July 10th, 2025, with a guide price of £35,000 to £55,000. The buyer will need to pay an administration fee, buyer's premium, and disbursements, which are detailed in the legal pack.