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1 bedroom flat for sale
Loudon Avenue, Coventry, West Midlands, CV6 1JG
£50,000
Loudon Avenue, Coventry, West Midlands, CV6 1JG
£50,000
Our Summary
- Starting Bid £55,000 **LOW LEASE - CASH BUYERS ONLY - CURRENTLY ACHEIVING A YIELD OF 15
- Auctioneers Additional Comments - Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
- This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
- 34 YEARS REMAINING ON LEASE - CASH BUYERS ONLY
Description
This spacious one-bedroom flat in Coundon is being sold via online auction with a starting bid of £55,000. The property features a large storage cupboard, a lounge with balcony and feature electric fire, a double bedroom, and a well-proportioned kitchen/diner with fitted units. The bathroom includes a bath with shower over, W/C, and hand wash basin. The property is within walking distance to local amenities and has a low lease, making it suitable for cash buyers only. The current yield is 15.2%, making it an attractive investment opportunity. The property is available to view by appointment only and bids can be made online or through the auctioneer's website. All bidders must adhere to a verification of identity process in accordance with anti-money laundering regulations.