11A Chester Street, Coventry, CV1 4DH

6 self contained flats in Coventry

Guide price*


Plus fees


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Lot 126 Residential Investment
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Auction details:

Thursday 26th October 2023 @ 09:00AM

Live-streamed Auction

A Three Storey Mid Terraced Property, converted into Six Self-Contained Units Current Gross Income: £28,200 PA. Potential Gross Income £42,600 PA

Property Description

A three storey mid terraced property, standing back from the road behind a foregarden.


Ground Floor: Porch, Hall with Cellar Access and Store with Communal Washing Machine.
Unit 1: Reception Room incorporating Kitchenette, Bedroom, Shower Room/WC.
Unit 3: Bedsitting Room, Kitchen, Shower Room/WC.
First Floor: Communal Landing.
Unit 4: Bedsitting Room incorporating Kitchen, Shower Room/WC.
Unit 5: Bedsitting Room incorporating Kitchen, Shower Room/WC.
Unit 6: Bedsitting Room incorporating Kitchen, Shower Room/WC.
Second Floor:
Unit 7: Open Plan Reception Room/Kitchen, Bedroom, Shower Room/WC.
Outside: Gardens.
The property benefits from emergency lighting and mains smoke alarms.

Energy Performance Rating


Council Tax Band



Freehold – Subject to the existing tenancies.

Auctioneer's Note

Please note offers may be considered prior to the Auction Sale.

Auctioneer's Note

Please note that the completion period for this property is 8 weeks (56 days) or earlier by mutual consent.
Each unit in the building has been separately rated for council tax.


Strictly by appointment with the Auctioneers.


Term Rental
Unit 1: Subject an Assured Shorthold Tenancy, at a rental figure of £650pcm
Unit 3: Subject an Assured Shorthold Tenancy, at a rental figure of £600pcm
Unit 4: Vacant
Unit 5: Subject an Assured Shorthold Tenancy, at a rental figure of £500pcm
Unit 6: Subject an Assured Shorthold Tenancy, at a rental figure of £600pcm
Unit 7: Vacant
[b]Total £2,350pcm- £28,200 per annum[/b]

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.


Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.


All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.


When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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