1 bed flat for sale

Bodiam Hall, Lower Ford Street, City Centre, Coventry CV1

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £90,000
**an excellent investment opportunity with 134 years remaining on the lease and tenant in-situ with current rental income of £9540PA** This modern and spacious one bedroom ground-floor apartment is situated within walking distance to the City Centre and local amenities, with double glazing and electric heating. Comprises of generously sized living room with French doors to communal car park, fitted kitchen with integrated electric oven & hob, washer dryer and freestanding fridge/freezer. A part tiled bathroom with white suite to include bath with shower over, w/c and hand wash basin. Also benefits from allocated parking and entry phone system.

Approach

The apartment comprises of a communal entrance door and entry phone system

Hall

Comprises of a electric heater, secure intercom telephone system, with built in storage cupboard containing the water tank.

Bathroom (2.12 x 1.91 (6'11" x 6'3"))

A part tiled bathroom with white suite, bath with thermostatic shower over, W/C and hand wash basin

Bedroom (2.75 x 4.17 (9'0" x 13'8"))

Double glazed window to rear, spacious double room with carpet.

Lounge (3.01 x 5.73 (9'10" x 18'9"))

Double glazed French door leading to the car park, two electric heaters, generously sized lounge with carpet.

Kitchen (2.71 x 1.92 (8'10" x 6'3"))

Modern fitted kitchen with a range of matching wall and base units, integrated electric four ring hob and oven, washer/dryer and freestanding fridge/freezer

Tenure - Leasehold

The agent has been informed that the property is offered leasehold however any interested party should obtain confirmation of this, along with any ongoing associated costs such as ground rent and service charges, via their own solicitor or legal representative. Any costs stated in these particulars have been provided by the vendor and have not been verified by the agent.

Viewings

Viewings are strictly by appointment only via Archer Bassett.

Auctioneers 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 The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction. 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 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 procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied 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.

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 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 of up to 6% inc VAT (subject to a minimum of 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 or services.