For Sale

Park Road, Coventry

Bed icon  7    Bath icon  7    receptions icon  1

Auction Guide £360,000

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Description

*** BEING SOLD THROUGH MODERN METHOD OF AUCTION *** READ AUCTION DETAILS BELOW *** A substantial three storey 7 bedroom semi-detached property offering a superb investment opportunity in this handy City Centre location within walking distance of Coventry Railway Station, the City Centre itself and access to Coventry University. The property benefits from double glazing and gas central heating and is offered for sale with immediate vacant possession with no further chain. In brief the accommodation comprises porch entrance, reception hall, living room, breakfast kitchen, two bedrooms one with a separate shower room and the other having an en-suite shower room. To the first floor there are three further bedrooms, two with en-suite shower rooms and one with an en-suite bathroom whilst on the second floor there are two further bedrooms both with en-suite shower rooms. To the outside there is a block paved driveway providing off-road parking with side gates providing access through to a good sized well established walled rear garden. Potential income of @ £41,500 pa.

Features

  • A substantial three storey 7 bedroom semi-detached property
  • Being sold through modern method of auction
  • Superb investment opportunity
  • Immediate vacant possession with no further chain
  • Block paved driveway providing off-road parking
  • Double glazing & gas central heating

Full Details

Porch Entrance

Arched recess porch entrance with tiled floor leads to hardwood entrance door with inset leaded light obscure sealed unit double glazed panels with matching top screen and matching side window.

Reception Hall

With central heating radiator, Amtico flooring, staircase leading off to the first floor, door to understairs cupboard and doors leading off to the following accommodation:

Room Two (3.10m into bay x 3.76m)

With hardwood leaded light sealed unit double glazed front bay window, double panel central heating radiator and laminate flooring.

Inner Hallway

With laminate flooring, door to wardrobe cupboard with hanging rail and shelving and door to;

Shower Room

with corner suite comprising shower tray, Triton electric shower unit, pedestal wash hand basin basin, low level W.C., central heating radiator, extractor fan, fluorescent strip light with electric shaver socket and tiled splashbacks.

Room One (3.63m x 3.02m)

With hardwood sealed unit double glazed side door with matching top and side panels, double panel central heating radiator and Amtico flooring.

Shower Room

With shower tray with electric shower unit, opening screen, pedestal wash hand basin, low level W.C., tiled floor, towel radiator, tiled splashbacks and hardwood obscure sealed unit double glazed side window.

Communal Living Room (5.64m x 3.76m)

With rear hardwood sealed unit double glazed bay window with double opening doors out onto the garden, Amtico flooring, double panel central heating radiator, fireplace with electric fire and door through to inner lobby with further door leading through to;

Breakfast Kitchen (4.72m x 2.90m)

With a range of natural wood fitted units comprising work top surfaces with Belfast style sink with mixer tap with base cupboard below, range of base cupboards with integrated fridge and dishwasher and freezer, four drawer base unit, space for range cooker with fitted extractor hood above flanked by matching wall mounted cupboards, feature radiator, tiled floor, two ceiling light points, hardwood sealed unit double glazed windows to side and rear elevations and part sealed unit double glazed door leads onto the outside.

First Floor Landing

With hardwood leaded light sealed unit double glazed front window, double panel central heating radiator, staircase leading off to a second floor, built in cupboard with shelving, door to boiler cupboard housing the Worcester gas fired boiler with hardwood obscure sealed unit double glazed side window and doors off to the following accommodation;

Room Three (3.53m x 3.02m)

With hardwood sealed unit double glazed side and rear windows, double panel radiator, laminate flooring and door to;

En-Suite Bathroom

With suite comprising panel bath with mixer tap, electric shower unit, pedestal wash hand basin, low level W.C., tiled splashbacks, central heating radiator, tile effect flooring, fluorescent strip light with electric shaver socket and hardwood obscure sealed unit double glazed side window.

Room Four (4.19m into bay x 3.78m)

With hardwood sealed unit double glazed rear bay window, double panel central heating radiator, laminate flooring, built in wardrobe cupboard with hanging rail and shelving and door through to;

En-Suite Shower Room

With suite comprising corner shower tray, sliding screen, Triton electric shower unit, pedestal wash hand basin, low level W.C., tiled splashbacks, fluorescent strip light with electric shaver socket, central heating radiator and tile effect laminate flooring.

Room Five (Front) (3.05m into bay x 3.76m)

With hardwood sealed unit leaded light double glazed front bay window, central heating radiator, laminate flooring, built in wardrobe cupboard with hanging rail and shelving.

En-Suite Shower Room

With suite comprising corner shower tray sliding shower screens, Triton electric shower unit, pedestal wash hand basin, low level W.C., central heating radiator, fluorescent strip light with electric shaver socket and tiled effect laminate flooring.

Return Staircase

Being naturally lit by a hardwood sealed unit double glazed side window leads to second floor landing.

Second Floor Landing

With built in storage cupboard and doors off to the following accommodation;

Room Six (4.11m x 3.02m)

With hardwood sealed unit double glazed side window, central heating radiator, laminate flooring and door to;

En-Suite Shower Room

With suite comprising shower tray, opening screens, Triton electric shower unit, pedestal wash hand basin, low level W.C and central heating radiator.

Room Seven (3.76m x 3.78m)

With hardwood sealed unit double glazed window, double panel radiator, laminate flooring, eaves storage space, access to loft space and door to;

En-Suite Shower Room

With shower tray, opening screens, Triton electric shower unit, pedestal wash hand basin, low level W.C., extractor fan, tiled floor and tiled splashbacks.

Outside to the Front

The front is blockpaved providing potential off road parking with side pedestrian access.

To the Rear

There is a good sized walled garden with block paved patio, steps leading up to a lawn garden with trees, shrubs and a garden store/shed.

NOTE

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.

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. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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.

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 £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

REFERRAL ARRANGEMENTS

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 to you.

RENTAL INCOME

Six of the rooms have recently been let out at £500 PCM with the further one let out at £460 PCM. Potential monthly income of £3460.00 with a potential yearly income of £41,520.00.

Floorplan for Park Road, Coventry
EPC Graph for Park Road, Coventry

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