** This property is for sale by the Modern Method of Auction **
An attractive purpose built two bedroom second floor apartment being an ideal first time or investment purchase, situated in this very popular and sought after location close to the City Centre. The well maintained accommodation briefly comprises; entrance hall, open plan lounge/dining room, fitted kitchen, two bedrooms, one with balcony and bathroom. There is a communal courtyard and an allocated parking space. The property also benefits from having a long lease of 155 years from April 2011.
- Secure modern second floor apartment
- Two double bedrooms with the master benefiting from fitted wardrobe units
- Modern fitted kitchen, open lounge/ diner with Juliette balcony
- Allocated parking space
- Close to Coventry City Centre and Coventry Railway Station
- No Upward Chain
- Fantastic first time buyer opportunity
- This property is for sale by the Modern Method of Auction
- Communal Entrance
Access via intercom security entrance door with flat 101 being located on the second floor.
- Entrance Hallway
Access via hardwood entrance door with doors of to all rooms, two useful storage cupboards, one of which housing water tank, security intercom system, two ceiling light points, 'Dimplex' electric wall heater, telephone point, carpeted throughout with power.
- Lounge - 4.80m x 3.25m
With Juliette balcony to the rear aspect, two electric wall heaters, ceiling light point, telephone point, TV aerial, carpeted throughout with opening leading to modern fitted kitchen.
- Kitchen - 2.24m x 1.98m
With roll top work surfaces extending to three sides, inset stainless steel sink with drainer, mixer tap over, fitted 'Whirlpool' oven, four ring electric hob above, extractor unit, space and plumbing for automatic washing machine, base and eye level storage units, uPVC double glazed window to the front elevation, vinyl flooring throughout, ceiling light point and power
- Bathroom - 2.06m x 1.65m
With matching white suite comprising, low level WC, wash hand basin, panel bath with power shower over, glass shower screen, partially tiled, gas central heating radiator, ceiling light point, shaver point, and extractor unit.
- Bedroom One - 3.78m x 3.71m (max)
With twin uPVC double glazed windows to the side elevation, fitted wardrobe unit with sliding doors, 'Dimplex' wall heater, ceiling light point, carpeted throughout with power.
- Bedroom Two
With uPVC double glazed window to the side elevation, 'Dimplex' electric wall heater, ceiling light point, carpeted throughout with power.
We are advised that the property is leasehold with 147 years remaining. There is an annual ground rent of £250 and an annual maintenance charge of £1292.20. This should be verified with your solicitor.
- Auction Information
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
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