Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1
Agent: Redbrick Property Group - Birmingham Phone: 0121 659 8473
<p>FOR SALE BY MODERN METHOD OF AUCTION. </p><p>An excellent opportunity to acquire this two-bedroom property, offered with no onward chain and requiring refurbishment, making it ideal for investors, developers, or first-time buyers looking to add value. </p><p>The accommodation briefly comprises two spacious reception rooms, a generously sized kitchen, ground floor bathroom, and entrance hallway. To the first floor are two well-proportioned bedrooms. </p><p>Externally, the property offers further potential (subject to any necessary consents), making it a fantastic project with strong resale or rental prospects. </p><p>Situated in a convenient location with good access to local amenities, schools, and transport links, the property is well placed for commuters and tenants alike. Coventry is currently undergoing significant regeneration, enhancing its appeal as a growing investment hotspot. </p><p>Early interest is highly recommended due to the potential on offer. </p><p>KEY FEATURES </p><p>• • For Sale by Modern Auction; T & C's apply </p><p>• • Subject to Reserve Price </p><p>• • Buyers fees apply </p><p>• • The Modern Method of Auction </p><p>Auctioneer Comments </p><p>This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited </p><p>This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). </p><p>The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. </p><p>This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the </p><p>preparation cost of the pack, where it has been provided by iamsold. </p><p>The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. </p><p>Referral Arrangements </p><p>The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p>
