Initial price	£200,000
05/11/24	£190,000
Price Change	-5.00%

This property is a semi-detached house with 4 let rooms, located less than a mile from Coventry University, off Gulson Road. The property benefits from gas central heating and double glazing and is currently generating a rent of £21,000 per annum, equivalent to a 10% yield. The property is being sold via public auction on November 21st, 2024, and is expected to fetch a guide price of £190,000 to £210,000. The property is tenanted on an Assured Shorthold Tenancy agreement, with a term commencing September 1st, 2024, and the current rent payable is £1,750 per month. The property is being sold freehold, subject to the tenancy, and comes with an EPC rating of CC and a council tax band of B. Additional costs include an administration fee of £1,200 and a buyer's premium of £1,200.