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147 Lythalls Lane, Coventry, CV6 6FS 8 bed semi
147 Lythalls Lane, Coventry, CV6 6FS
£300,000
147 Lythalls Lane, Coventry, CV6 6FS
£300,000
Our Summary
- For Sale By Public Auction on 11 September 2025 starting at 08:30 AM - A freehold semi detached property comprising 8 self contained studio flats Current rental income: £41,760 per annum and potential income: £48,300 PA when fully let
- Pre-auction OffersPlease note that offers in excess of the guide price may be considered prior to the Auction Sale
- Live-streamed AuctionPlease note that the Auction will be livestreamed via our website
- You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction
Description
This semi-detached property is being sold at auction and features 8 self-contained studio flats, each with its own kitchenette, shower room, and WC. The property has a HMO license and is currently generating £41,760 per annum in rental income, with a potential yield of 16% when fully let. The property is located in the Holbrook area of Coventry, near the Coventry Building Society Arena, train station, and shopping park, as well as easy access to the city center. The property has double glazing and an energy performance rating of C-E. The current tenancy is an Assured Shorthold Tenancy with some holding over periodically, and the property is being sold freehold subject to the existing tenancy. The auction will be livestreamed, and pre-auction offers in excess of the guide price may be considered.