NOW BEING OFFERED, 19th NOVEMBER. Loveitts, livestream
To be sold via unconditional ONLINE Auction on Thursday 22nd October 2020
BIDDING OPENS: 12:00 on Tuesday 20th October 2020
AUCTION ENDS: 12:00 on Thursday 22nd October 2020
GUIDE PRICE: £87,000
3 bedroom bungalow with gas central heating, double glazing and garage beneath. Some improvements required. Located approximately 1 mile to University Coventry Hospital. Leasehold with a 125 year term. Ideal investment opportunity.
Kitchen: 10 ft 11 in max x 9 ft 2 in max
Lounge: 22 ft max x 19 ft 4 in max
Bedroom 1: 13 ft 4 in x 10 ft 8 in
Bedroom 2: 10 ft 10 in x 8 ft 3 in
Bedroom 3: 10 ft 9 in max x 6 ft 8 in max
Garage is situated within a gated compound. There is no vehicular access. The garage is to be used for the storage of push bikes and house hold items only. They should not be used for hoarding waste due to the fire risk that this would present.
Leasehold with vacant possession.
Term: New lease to be granted with 125 years.
Service charge: £482.16 p.a.
The buyer has"full repairs liability". The freeholder will only insure the building, which will only cover structural defects.
The freeholder will not repair building faults that have arisen due to lack of maintenance and will not attend any emergency repairs.
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
This auction lot is now closed.
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Call the team on 024 7652 7789 for more information