Immediate rental income with refurbishment potential for investor buyers.
Guide price £120,000; auction 14 Oct 2025
Guide price £120,000 — two-bedroom mid-terrace in inner-city Coventry offered at auction on 14 October 2025. The house is let at £700pcm on a rolling tenancy, providing immediate rental income for an investor buyer. Its compact Victorian layout (lounge, kitchen/diner, ground-floor shower room, two first-floor bedrooms) suits buy-to-let or light refurbishment to enhance yield.
Construction is traditional solid brick circa 1900–1929 with pre-2002 double glazing and mains gas central heating via boiler and radiators. The property has a small front forecourt and a modest rear garden; plot size is small and room footprints are typical of older inner-city terraces. Broadband speeds are fast and mobile signal is excellent, with regular buses and good access to Coventry city centre and train station.
Important practical notes for buyers: the lot will be sold at auction and comes with a tenant in situ on a rolling contract — check the legal pack for the tenancy terms. The property has not been inspected for this listing, services and appliances are untested, and the walls are likely uninsulated solid brick. Buyers should budget for an auction documentation charge (£1,500 incl. VAT) and any registration/holding deposit required to bid.
This is a straightforward income or refurbishment play for a purchaser comfortable with auction purchase mechanics and tenancy-in-place considerations. Carry out your own survey and legal checks before bidding to verify condition, service installations and tenancy obligations.
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