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10 Newhall Road, Coventry, CV2 1AY

Lot no: 9 Sold at Auction for £95,000
 

Guide Price £90,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Friday 6th October 2017

11.30am
Key Features
  • End Townhouse Requiring Modernisation
  • Two Bedrooms
  • Popular Location
  • Excellent Investment
  • EPC Rating: F
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Sold at Auction for £95,000

Town house

Property Description:

The property does benefit from GCH and UPVC double glazing, however, it does require further modernisation inside.

Situated in a popular and convenient location close to shops, schools and City centre.

The house would make a great first time buy or superb buy to let investment which would potentially let out at around £600 pcm / £7200 per annum.

Ground Floor
Reception Hallway

With staircase leading to first floor.

Lounge

4.00m x 3.90m. With gas fire and surround and bay window to the front aspect.

Dining Kitchen

5.04m x 3.35m. Having a basic range of base and wall units, sink unit, space for appliances, understairs pantry and both window and door to the rear aspect

Stairs and Landing
First Floor
Bedroom One

4.05m x 3.42m. Built in wardrobe and window to the front aspect.

Bedroom Two

2.93m x 2.41m. Airing cupboard and window to the rear aspect.

Bathroom

With 3 piece suite compromising low flush w.c. wash hand basin and panel bath and having a window to the rear aspect.

Outside

Small garden to the front with gated path leading to the front door.

Pleasant, enclosed rear garden with lawn, socked flower beds and brick store.

Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.