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Property Listing Details

Property details

  • 14 bedrooms
  • 14 bathrooms
  • 2 reception rooms

Features

  • For Sale By Modern Auction - T & c's Apply
  • Buyers Fees Apply
  • View, Bid & Buy
  • Fixed Timescales For Exchange & Completion
  • Subject To Undisclosed Reserve Price
  • The Modern Method Of Auction
  • Online Bidding Available
  • Fantastic Investment Opportunity

Listing view statistics

Last 30 days: 299 page views

Since listed: 883 page views

Description

This property will be offered for sale as an online Auction until Thursday 26th March at 14:30pm. If you have any questions please call the West Midlands Property Auction team on .

A substantial three storey 14 bedroom semi-detached property offering a superb investment opportunity in this handy City Centre location within walking distance of Coventry Railway Station, the City Centre itself and access to Coventry University. The property is currently let out on a 3 year contract which is due to finish 31st August 2020. The fully double glazed and gas centrally heated accommodation briefly comprises reception hall, cloakroom, communal reception areas and a fitted kitchen with a separate utility room. The fourteen bedrooms are set over three levels with thirteen having en-suite shower rooms and the fourteenth bedroom having its own separate shower room. There is potential for parking to the front and a side driveway leading through to a rear car-park and providing off-road spaces for thirteen vehicles.

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. This additional time allows buyers to proceed with mortgage finance.
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 £220.00 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.
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 and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Ground Floor Accommodation

Reception Hall

With cloakroom, access to a cellar, staircase off to the first floor and doors off to:

Dining Room

With access to a former bar/sitting area currently used as a lounge room.

Kitchen

With fitted double drainer stainless steel sink unit, two built-in ovens and hobs with canopy extractor hoods and range of fitted units.

Utility Room

With ample space and plumbing for domestic appliances and central heating boiler.

Bedroom One

With en-suite shower room.

Bedroom Two

With en-suite bathroom.

Bedroom Three

With en-suite shower room.

Bedroom Four

With en-suite shower room.

Bedroom Five

With en-suite shower room.

Bedroom Six

With en-suite shower room.

First Floor Accommodation

With staircase off to the second floor and doors off to:

Bedroom Seven

With en-suite shower room.

Bedroom Eight

With a separate shower room.

Bedroom Nine

With en-suite shower room.

Bedroom Ten

With en-suite shower room.

Bedroom Eleven

With en-suite shower room.

Second Floor Accommodation

With doors off to:

Bedroom Twelve

With en-suite shower room.

Bedroom Thirteen

With en-suite shower room.

Bedroom Fourteen

With en-suite shower room.

Outside

There is off parking to the front and a side driveway leading through to a rear car-park providing thirteen car parking spaces in total.

You could get

Ultrafast broadband Ultrafast broadband

Up to 350 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Coventry 0.2 miles
  • Canley 1.6 miles
  • King Henry VIII School 0.4 miles
  • All Saints Church of England Primary School 0.5 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Coventry 0.2 miles
  • Canley 1.6 miles
  • King Henry VIII School 0.4 miles
  • All Saints Church of England Primary School 0.5 miles

Market stats

Sale activity

Average estimated value for a house in CV1:

  • £210,003
  • Price increase

  • £10,026
  • (5.014%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £208,380
  • Properties sold

    10

Rental opportunities

Looking for an investment? The average rent for a 14 bedroom house in CV1 is currently:

£407 pcm

Recent sales nearby

See all recent sales in CV1
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Estimated running costs

Based on available 3rd party data

Approximate costs
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In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
16th Mar 2020 £730,000 Price reduced by £70,000
17th Feb 2020 £800,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Payne Associates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Payne Associates for full details and further information.