Immediate rental income with renovation upside in a popular West Bedworth location.
Guide price £70,000–£90,000 at public auction
Offered at public auction with a guide price of £70,000–£90,000, this mid-20th-century terraced property is currently let and producing £6,300 per annum. It is sold freehold subject to an assured shorthold tenancy; buyers should review the legal pack for tenancy term details before bidding. The auctioneer has not inspected the property and there are no current viewings available.
The house requires modernization throughout: rooms are small, finishes are basic and an EPC is not available (the buyer must obtain one after completion). Services are understood to include mains gas, electricity, water and sewage and gas central heating, but no tests have been carried out. There is on-street parking, a small front and rear garden and a modest plot with potential for incremental improvement.
This is a clear investor proposition: a let property with immediate income in a popular residential area to the west of Bedworth town centre. Note the additional auction costs (administration fee and buyer’s premium each £1,200 inc. VAT) and other disbursements listed in the legal pack. Purchasing at auction can deliver value, but budget for renovation, EPC completion, and auction-related fees.
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