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Charles Street, Gun Hill, Coventry 3 bed terraced house for sale
Charles Street, Gun Hill, Coventry
£100,000
Charles Street, Gun Hill, Coventry
£100,000
Our Summary
- The property would be an ideal investment for buy-to-let purposes or development and renovation (subject to necessary planning permissions)
- 5% (based on the auction guide price) with some minor redecoration throughout
- Alternatively, the property would also be well suited to those wanting to develop and reconfigure (subject to necessary planning permissions) due to the plots potential
- Auction Details:Auction Live EventWednesday 7th May 2025, 6pmHinckley Golf ClubAuction Terms - The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s
- Ideal Investment/Development Opportunity (Subject To Necessary Permissions)
- Live Auction Event
Description
This traditional three-bedroom mid-terraced property is being sold by public auction and presents an ideal investment opportunity for buy-to-let or development and renovation, subject to necessary planning permissions. The property is situated in a residential cul-de-sac and boasts an elevated position, with potential to achieve a rental income of £850-£875 per month, producing a gross yield of around 9.5%. Alternatively, the property could be developed and reconfigured, subject to necessary planning permissions, making it a great option for those looking to put their own stamp on the property. The property features a hallway with stairs leading to the first floor, where you'll find three well-proportioned bedrooms, as well as a lounge, kitchen, and family bathroom. Externally, the property has a front garden with lawn and a rear garden with lawn and paved patio. The auction is scheduled for Wednesday, May 7th, 2025, at Hinckley Golf Club.