Guide price
£60,000
Studio for sale
Norfolk Street, Coventry CV1Auction
1 bed
1 reception
EPC Rating: D
Key information
Tenure
Council tax band
A
About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply.
Service charge includes ground rent, heating, hot water & insurance
Ideal investment
Potential rental income of 7200PA
Carport to front
Double glazed
Summary
Requiring some cosmetic refurbishment this spacious ground floor studio flat is within easy walking distance to the city centre and benefits from double glazing and central heating throughout.
Comprises of lounge/bed sitting room with recessed hanging space & storage, separate fitted kitchen with a range of white wall & base units and the bathroom has a white suite incorporating W/C, hand wash and a bath with shower over. Other features includes communal grounds and a carport to the front for parking.
This studio would make an ideal investment and has the potential to achieve a rental income of around 7200PA.
The service Charge also includes the maintenance of the building plumbing and double glazed windows and heating and hot water supply.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 111
Annual Service Charge Amount: 2,088.00
Entrance Hall
Entrance Hall - 1.07m x 2.61m (3'6" x 8'6") - Entrance hall with GCH radiator and generous storage cupboard.
Bed Sitting Room
Bed Sitting Room - 5.16m x 3.07m max (16'11" x 10'0" max ) - Bedsitting room with dual aspect double glazed windows, radiator & recessed area with hanging space / storage.
Kitchen
Kitchen - 2.83m x 1.79m (9'3" x 5'10" ) - Fitted kitchen with a range of fitted wall and base units, double glazed window
Bathroom
Bathroom - 2.43m x 1.45m (7'11" x 4'9") - Bathroom with white suite, electric shower over bath and heated towel rail.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
More information
Listed by
Pattinson - Auctions