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Guide price

£90,000

(£110/sq. ft)

2 bed flat for sale
Regent Street, Rugby CV21

    • 2 beds

    • 2 baths

    • 1 reception

    • 819 sq. ft

  • EPC Rating: E

  • Auction
  • Leasehold

Archer Bassett & Co - Coventry

Logo of Archer Bassett & Co - Coventry

About this property

  • Immediate 'exchange of contracts' available

  • Being sold via 'secure sale' online bidding (terms and conditions apply)

  • Two bedroom 2nd/3rd floor duplex apartment

  • Two double bedrooms both with their own en-suite shower rooms

  • Open plan living/kitchen with built-in oven/hob and dishwasher

  • Vaulted ceiling with some original features

  • Electric heating

  • Situated in the heart of rugby town centre

Charming two-bedroom duplex apartment on Regent Street offers a perfect blend of modern living and character. The apartment is on the second floor spanning to the top floor where you will find an inviting open-plan lounge that seamlessly integrates with a well-fitted kitchen, complete with a built-in oven and hob and dishwasher. The apartment boasts two generously sized bedrooms both located on the lower floor each featuring its own en-suite shower room. Character features throughout the property add a unique touch, enhancing its appeal. The electric heating system and partial double glazing ensure a warm and cosy atmosphere. Living in the centre of Rugby means you are just a stone's throw away from a variety of shops, restaurants, and local amenities, making this property not only a delightful home but also a practical choice for those who enjoy the vibrancy of town life. This duplex apartment is an excellent opportunity for first-time buyers, young professionals, or investors looking to add to their portfolio. Please note that there is a tenant currently in situation paying £775pcm, an annual return of £9,300.

Entrance Hall

Hardwood front entrance door leading to hall with stairs leading to the open plan living/kitchen area, security intercom and carpeted.

Bedroom One (3.16 x 4.05 (10'4" x 13'3"))

Window to the rear elevation, electric heater and carpeted.

En-Suite

Low flush w.c., pedestal wash hand basin and shower cubicle housing Triton electric shower and vinyl flooring.

Bedroom Two (3.97 x 2.95 (13'0" x 9'8"))

Wndow to the rear elevation, electric heater and carpeted.

En-Suite

Low flush w.c., wash hand basin set in vanity unit and shower cubicle housing Triton electric shower and vinyl flooring.

Open Plan Lounge/Kitchen (8.59 x 2.55 (28'2" x 8'4"))

Spacious open plan living/dining/kitchen area with fitted wall and base units incorporating built-in Logik electric oven and hob and integrated Bosch dishwasher. The living area has a feature volted ceiling incorporating two skylights and oval shaped feature window, there are two electric heaters and the lounge/dining area is carpeted whilst the kitchen area is vinyl.

Tenure - Leasehold

The agent has been informed that the property is offered leasehold with 114 years remaining on the lease, £150p/a ground rent and £1800p/a service charge, however any interested party should obtain confirmation of this via their own solicitor or legal representative.

Viewing

Viewings are strictly via the agent Archer Bassett.

Auctioneer 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'.

This auction lot is being sold either under 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 via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedures are carried out in accordance with the law.

The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accepted by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price'/Starting Bid'. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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 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 equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. 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 necessary or beneficial to the customer to pass their 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 and services.

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More information

  • Tenure

    Leasehold (114 years)

  • Service charge

    £1,800 per year

  • Council tax band

    A

  • Ground rent

    £150

  • Ground rent date of next review

See all recent sales in CV21

Property descriptions and related information displayed on this page are marketing materials provided by - Archer Bassett & Co - Coventry. 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 Archer Bassett & Co - Coventry for full details and further information.