2 bed flat for sale

New Buildings, Coventry CV1

Summary

Being sold via Secure Sale online bidding. Terms & Conditions apply.

A stunning loft-style apartment forming part of a gorgeous grade II listed conversion restored by Harrabin Construction - The Ribbon Factory is part of the Phoenix Initiative, Coventry's primary Millennium project - large open plan kitchen / diner great for entertaining - two large double bedrooms - en-suite shower room to the master bedroom - a rare private garage in the city centre - no onward chain - award winning development.

Pattinson Auction in partnership with Tailor Made Sales and Lettings are privileged to bring to market this stunning, period loft-style apartment conversion of The Ribbon Factory in the heart of Coventry City Centre. A real celebration of Coventry's industrial past, The Ribbon Factory is part of the Phoenix Initiative, Coventry's primary Millennium project, an award winning Grade II listed development designed by pcpt Architects and carefully converted by Harrabin Construction 21 years ago.

The Grade II listed Ribbon Factory is a late 18th Century building, with an adjoining Master's House within the ruins of a medieval priory. Modern interventions alongside the historic characterise the conversion within the multi-award winning Phoenix scheme.

The property is being sold via unconditional method of auction with the rare inclusion of a private garage in the City Centre of Coventry.

There is a secure gated, intercom front entrance, leading to a stunning communal terraced with dramatic views of Coventry's centre piece attractions, the new and old cathedrals and millennium gardens. This stunning New York Style Loft Apartment, is perfectly positioned in the heart of Historic Coventry City Centre, within a stone's throw of Cathedral Lines Dining and Entertainment Area, Broadgate, West Orchards and precinct Shopping Areas.

The apartment comprises a secure external and internal communal areas, entrance hallway with doors leading to a large lounge / dining, two huge sash windows, exposed flooring and lovely fireplace. There is a large open plan kitchen / diner, superb for entertaining and hosting guests, fully fitted with integrated appliances and large centre island unit, two large sash windows, high ceilings and stunning fire place.

There are two excellent double bedrooms, both with dual aspect large sash windows, exposed flooring, high ceilings and a great twist of period and modern features. The master bedroom benefits from a modern en-suite shower room and WC.

The principle bathroom is modern with a white suite, comprising a bath with shower over, WC, wash hand basin, high ceiling and large sash window.

Council Tax Band: C
Tenure: Leasehold
Length of Lease: 101
Annual Service Charge Amount: 4,400.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.