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Description
FOR SALE VIA THE MODERN METHOD OF AUCTION. GUIDE PRICE: £140,995 GREAT FIRST TIME BUYER OR INVESTOR OPPORTUNITY 46 Cubbington Road, Coventry, is a three-bedroom mid-terraced property offering a fantastic investment opportunity. The property is currently tenanted and will be sold with tenants in situ, providing immediate rental income for the new owner. Current rental is £9,900 per annum. The market rent in the locality for similar three-bedroom properties are in the region of £13,200 - £14,400 per annum. While the home requires refurbishment, including a new kitchen and bathroom, it presents an excellent opportunity for investors or those looking to add value. The spacious interior features three bedrooms, a living area, and a functional layout that can be modernised to suit contemporary tastes. To the front, the property benefits from a private driveway providing off-road parking, and a garden to the rear offers additional outdoor space. Located in a popular residential area, the property is close to local amenities, schools, and transport links, making it a convenient and accessible location. Council Tax Band: A EPC Rating: C Online Auction Information - For Sale Via Tutis Auctions Online Auction powered by Bamboo Auctions. Auction end date and time: 31/03/2025 at 4:30pm. The auction will be exclusively available online via our website including the legal pack information. The registration process is extremely simple and free. Please visit the Tutis Estates website, and click on the 'online auctions' tab. A 'register' button can be found on this page or by clicking into the individual listing. Stage 1) Register your email address, create a password and confirm your account. Stage 2) View the legal pack and arrange any viewings. Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details. Stage 4) You are ready to bid - Good Luck! No deposit monies are required before you bid. Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range. A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids. Some Vendors may consider offers prior to the auction. These offers can only be submitted via Tutis Estates and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered. Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.
Find out MoreProperty Details
- Property ID: 158837267
- Added On: 2025-03-01
- Deal Type: For Sale
- Property Price: £140,995
- Bedrooms: 3
- Bathrooms: 1.00
Amenities
- Investment Opportunity: A three-bedroom mid-terraced property in Coventry
- ideal for investors.
- Tenanted Property: Sold with tenants in situ
- providing immediate rental income.
- Rental Income: Current rental yield is £9,900 per annum
- with market potential of £13,200–£14,400 per annum.
- Refurbishment Potential: Requires updates including a new kitchen and bathroom
- offering value-adding possibilities.
- Spacious Layout: Features three bedrooms
- a living area
- and a functional interior design.
- Outdoor Features: Includes a private driveway for off-road parking and a rear garden for outdoor space.
- Prime Location: Situated in a popular residential area with access to amenities
- schools
- and transport links.
- Council Tax Band: Classified under Band A
- offering lower council tax rates.
- EPC Rating: Energy Performance Certificate rated at C for energy efficiency.
- Appeal for Investors: A property with great rental potential and opportunities to modernise for increased value.
