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286 Queens Road, Nuneaton, Warwickshire CV11 5LY

Lot no: 21 Sold at Auction for £100,000
 

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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Tuesday 12th February 2019

11.30am
Key Features
  • Handsome Semi-detached House
  • Scope for improvement and alteration
  • Large Garden
  • Ideal buy to let or first time buy
  • EPC Rating: E
  • Popular Location
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Sold at Auction for £100,000

Semi-detached house

Property Description:

Situated in a popular and convenient location close to Nuneaton town centre. The property benefits from UPVC double glazing and gas central heating with a combi boiler but does require modernisation. Currently there are two bedrooms and a very large bathroom to the first floor. However, the property could easily be converted to a 3 bedroom house and retain the upstairs bathroom.
Well placed for a range of amenities including shops, parks and schooling. The property would make a great first time buy or buy to let investment with an estimated rental income of £695 pcm / £8,340 per annum once refurbished.

In more detail-

Lounge: 4.05m (max) x 3.70m (max)

Bay window to the front aspect and its original feature fireplace.

Dining Room: 3.92m x 3.68m

Feature fireplace and UPVC window to rear aspect

Rear Lobby

The rear lobby offers access to the rear garden as well as The original storage cupboards have been retained.

Kitchen: 2.99m x 2.24m

The kitchen has a modern range of base and wall units. Stainless steel sink and plumbing for washing machine. It offers an open plan design leading to the breakfast room.

Breakfast Room: 2.21m x 1.92m

UPVC double glazed door allowing access to the rear garden. Door to a walk in pantry.

Landing

Upstairs the landing offers access to both bedrooms and the family bathroom.

Bedroom 1: 4.09m (into bay) x 3.72m

The main bedroom maintains its original feature fireplace and has a UPVC double glazed bay window looking out to the front aspect. There is a large storage cupboard over the stairs.

Bedroom 2: 3.95m x 2.76m
Family Bathroom: 4.11 x 2.22

Having the original airing cupboard, housing the combination boiler. The bathroom offers a white suite, with low level WC and mixer shower over the bath.

Outside

Outside the property has a small garden to the front and rear garden with patio and Privet hedges to the boundaries

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.