Past Auction - See Local Market Data For Sales Info

Flat 2, 38 Coundon Road, Coundon, Coventry - CV1 4AW

Guide Price: £53,000 - £63,000

Beds: 1
Type: Flat
Tenure: Leasehold

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Property Details

Auction House Loveitts describes this property as:

This will be a Livestream auction. Bidding will be available by either telephone or online bidding. If you wish to bid, please follow the link below to register online. https://passport. eigroup. co. uk/bidder-registration/loveitts. Tenanted investment opportunity, 1 bedroom ground floor flat with gas central heating and double glazing. Located within 1/4 mile of Coventry City Centre. Current rent payable £5,400 p. a. with a potential yield circa 9%ACCOMMODATIONGROUND FLOORKitchen: 6 ft 5 in x 5 ft Lounge: 13 ft 11 in x 10 ft 11 in max. Bedroom: 12 ft 5 in max x 11 ft max. Shower room:EPC RATING - DTENURELeasehold subject to tenancy. Term: New Lease. 99 years. Ground rent: £100 p. a.Service charge: £200 p. qtr. TENANCYAssured Shorthold Tenancy. Term: 6 months from 20th April 2018 (now rolling)Rent payable: £450 p. c.m. ADDITIONAL COSTSAdministration Fee: £1,200 (£1,000 plus VAT)Please see the legal pack for any further costs. Additional Fees. Administration Charge - these fees are included in the above sales particulars. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion. ...

Auction Details

Auctioneer:
Auction House Loveitts
Auction date:
- 15 Jul 2021
Venue:

For viewings, biddings or more information:

Go to the Auction House Loveitts Website

Local Market Data

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The following data is based on a Leasehold 1 bedroom Flat. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average sold price:

£97,000

Average asking price:

£128,700

Average price per sq/ft:

£219
Date Price Address Distance (miles)
22 Jan 2021 £75,000 180, Sadler Road, Keresley, CV6 2LN 1.44
08 Jan 2021 £95,000 Flat 2, Sullivan Court, Sullivan Road, CV6 7LR 2.18
10 Dec 2020 £95,000 60, Thackhall Street, CV2 4NX 1.33
27 Nov 2020 £138,000 38, Poppleton Close, CV1 3BF 0.61
20 Nov 2020 £100,000 57, Thackhall Street, CV2 4GW 1.31
19 Oct 2020 £97,000 4, Bowls Court, CV5 8PG 0.54
16 Oct 2020 £112,000 86, Drapers Fields, CV1 4RB 0.44
16 Oct 2020 £92,000 314, Middlemarch Road, CV6 3GP 1.21
07 Oct 2020 £88,500 24, Drapers Fields, CV1 4RB 0.34
01 Sep 2020 £75,000 Flat 3e, Samuel Vale House, St Nicholas Street, CV1 4LS 0.30
24 Aug 2020 £115,000 17, Cadet Close, CV3 1PR 1.61
30 Jul 2020 £90,000 Flat 10, Leaf Court, Fenside Avenue, CV3 5QJ 1.46
27 Jul 2020 £110,000 2, Meschines Street, CV3 5DW 1.68
22 Jul 2020 £95,000 32, Short Street, CV1 2LX 0.85
10 Jul 2020 £100,000 Flat 21, Westbrook Court, Sutherland Avenue, CV5 7RB 2.14
19 Jun 2020 £102,500 4, Meschines Street, CV3 5DW 1.68
28 May 2020 £84,000 Flat 11, Sullivan Court, Sullivan Road, CV6 7LR 2.18
07 May 2020 £107,000 22, Bowls Court, CV5 8PG 0.54
10 Jan 2020 £103,500 174, Drapers Fields, CV1 4RE 0.48
10 Jan 2020 £70,000 Flat 9, Christopher Hooke House, Foleshill Road, Foleshill, CV6 5HS 1.86

The following data is based on a Leasehold 1 bedroom Flat. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average weekly rental: £173

Average yield: 7.0%

Weekly Rent Bedrooms Property Type distance (miles)
£160 1 flat 0.04
£207 1 flat 0.09
£160 1 flat 0.09
£138 1 flat 0.10
£104 1 flat 0.12
£160 1 flat 0.13
£104 1 flat 0.14
£196 1 flat 0.18
£127 1 flat 0.19
£211 1 flat 0.25
£230 1 flat 0.30
£127 1 flat 0.33
£231 1 flat 0.33
£173 1 flat 0.34
£265 1 flat 0.34
£173 1 flat 0.36
£144 1 flat 0.38
£208 1 flat 0.41
£219 1 flat 0.41
£150 1 flat 0.41