£140,995

3 bed terraced house for sale in Cubbington Road, Coventry, CV6 (ref: 634026)

Shortlist

Key Features

  • 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.
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 informationFor 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.

Stamp duty due

Based on a sale price of £140,995 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

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Further Details

  • Status: Available
  • Tenure: Freehold
  • Reference: 634026

Location