10 Ridge Court, Coventry, CV5

Property Details: • Type: Flat • Tenure: N/A • Floor Area: N/A

Key Features: • Ground Floor • Parking Space • Electric Wall Heaters • Hot Water Tank • Full Double Glazing • Oven/Hob

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 42 Wendover Rise, Allesley, Coventry, CV5 9JU

Full Description: **Auction Property- CASH BUYERS ONLY** Nestled in the picturesque suburb of Allesley in Coventry, this delightful 1-bedroom ground floor flat is a rare find. While the property requires some modernisation, it presents an exciting opportunity for those looking to downsize or savvy investors seeking to maximise their returns. Property Features:Layout: The flat includes a spacious bedroom, a bathroom, a functional kitchen, and a comfortable living room.Parking: Comes with an allocated parking space for added convenience.Leasehold Details: Approximately 59 years remain on the lease, with a ground rent of circa £45 per annum and service charge of £840 per annum.Location Highlights:This property boasts an enviable location with excellent transport links:Road Access: Situated on the A45, offering easy connections to the M42 and M6 motorways.Public Transport: Convenient bus routes connect you to both Coventry and Birmingham.Local Amenities: A range of nearby shops, hairdressers, and pubs cater to your everyday needs.Natural Beauty: Enjoy the vast countryside right on your doorstep, with Coundon Wedge and Meridian Park just a stone’s throw away.This property, once updated, holds incredible potential and is not to be missed.Auctioneers Comments:This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. Parking Availability: Yes.