No longer on the market
This property is no longer on the market
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Floorplan
Map11 bedroom house
Auction
House
11 beds
11 baths
Key information
Features and description
- For Sale by Modern Auction - T & C's apply
- Subject to Reserve Price
- Buyers fees apply
- The Modern Method of Auction
A prominent Freehold redevelopment opportunity on City Centre outskirts
The subject property currently comprises 11 bedsits with individual shower rooms over three floors, main entrance, cellar, large, fitted kitchen/dining room and a first floor lounge. To the side and rear elevation there is a a ground floor retail unit with office space and stores above and to the rear there is self-contained retail unit with office, kitchen and w.c. to the rear. The grade 2 listed property is located within the Chapelfields conservation area and occupies a prominent corner position on a main arterial route into Coventry city centre, and benefits from a large tarmac car park and lawned gardens to the opposite side.
Auctioneer Comments - 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 Limited
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 (for standard Grade 1 properties). 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 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.
Referral Arrangements
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.
The subject property currently comprises 11 bedsits with individual shower rooms over three floors, main entrance, cellar, large, fitted kitchen/dining room and a first floor lounge. To the side and rear elevation there is a a ground floor retail unit with office space and stores above and to the rear there is self-contained retail unit with office, kitchen and w.c. to the rear. The grade 2 listed property is located within the Chapelfields conservation area and occupies a prominent corner position on a main arterial route into Coventry city centre, and benefits from a large tarmac car park and lawned gardens to the opposite side.
Auctioneer Comments - 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 Limited
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 (for standard Grade 1 properties). 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 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.
Referral Arrangements
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.
Property information from this agent
About this agent
Coventry's Leading Independent Estate AgentsEstate agents Payne Associates are leading independent estate agents with four offices across Coventry. Our branches are in prominent and busy locations at Coventry Estate Agents Office - 20 New Union Street, City Centre, Coventry 165 Daventry Road, Cheylesmore, 312 Walsgrave Road, Walsgrave and 221 Albany Road, Earlsdon. We offer all traditional estate agency services but with a modern and forward thinking philosophy utilising the latest technology where possible, but retaining the personal approach and professional standards for which we have become renowned. We believe that our coverage and experienced team are unrivalled within the city enabling clients to confidently entrust us with their property matters. Selling and Letting property across NAEA and ARLA agents and as an RICS regulated firm we pride ourselves on our personal commitment and enthusiastic professional approach. We utilise prominent local advertising and extensive internet coverage in the marketing CoventryAs licensed of your property and have become renowned for our eye catching green oval sign boards. If you are thinking of selling or renting your property we offer free appraisals to potential sellers and landlords. We have many houses for sale in Coventry so give us a Call now for FREE initial professional advice