147 Holyhead Road, Coventry, CV1 3AD

5 bedroom end terraced house converted into four apartments and one studio in Coventry

Guide price*


Plus fees

Sold for £237

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Lot 149 Residential Investment
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Auction details:

Thursday 8th February 2024 @ 08:30AM

A Freehold End Terraced Property Converted Into Four Apartments And One Studio Investment Current Gross Income £24,360 PA With Potential To Increase To £33,800

Property Description

A large end terraced property set back from the road behind a foregarden with pathway approach. The property has been converted into 5 letting units currently fully let with some long term tenants in situ.


Ground Floor: Entrance Porch, Hall,
Flat A: Living Room/Kitchen, Bedroom, Bathroom/WC.
Flat B: Living Room/Kitchen, Bedroom, Bathroom/WC.
First Floor: Landing
Flat C: Living Room/Kitchen, Bedroom, Bathroom/WC.
Flat D: Living Room/Kitchen, Bedroom, Bathroom/WC.
Studio E: Bedsitting Room/Kitchen, Bathroom/WC.
Outside: Front and Rear Gardens.
The property has the benefit of double glazing and is all electric.

Energy Performance Rating

See legal pack.

Council Tax Band

All flats- A.


Freehold – Subject to the existing tenancies.

Auctioneer's Note

At the time of going to print, the Auctioneers were unable to inspect the property internally and therefore the accommodation details should not be relied upon.
Please note offers may be considered prior to the Auction Sale.


External viewings only.


All apartments are let on assured shorthold tenancies.
Term Rental
Flat A 6 months from 1st July 2020 at a rental of £400pcm
Flat B 12 months from 14th April 2023 at £430pcm
Flat C 6 months from 28th June 2023 at £430pcm
Flat D 12 months from 1st November 2022 at £420pcm
Flat E 6 months from 17th June 2022 at £350pcm
Total £2030pcm- £24,360 per annum with potential to increase to £33,800

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 include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. 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 has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. 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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