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73 Frankton Avenue, Coventry, Warwickshire CV3 5BA

Lot no: 67 Sold at Auction for £272,000
 

Guide Price £225,000+ 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.

Thursday 29th September 2022

10.00am
Key Features
  • Requires refurbishment continuing
  • Three bedrooms
  • Desirable location
  • Local amenities include Jaguar and Coventry city
  • EPC Rating: D
  • Council Tax Band: D
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Sold at Auction for £272,000

Semi-detached house

Property Description:

A traditional three bedroomed semi-detached property that requires a schedule of works to complete the refurbishment that has commenced. Comprising of a hallway, lounge diner with extension to the rear, kitchen, three bedrooms and a bathroom.

Located two miles to the south of Coventry and closer to Jaguar.

Upon completion of the refurbishment the anticipated rental income would be £1,350 per calendar month.


Porch
Hallway
Lounge

25ft 3 x 11ft 4

Kitchen

13ft 7 x 8ft 10

Garage

13ft 7 x 6ft 7

Bedroom One

17ft 0 x 10ft 9

Bedroom Two

10ft 10 x 9ft 0

Bedroom Three

10ft 6 x 6ft 7

Bathroom

8ft 3 x 8ft 2

Extension

9ft 1 x 7ft3

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 (England and Wales).

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

All sales are subject to SDL Property Auctions’ Buyers Terms.


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 £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

Guide Price & Reserve Price

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.