3-bedroom terraced house · CV12 9JJ
Sold STCListed 258 days
Opportunity summary
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About
***BEING SOLD VIA SECURE SALE ONLINE BIDDING. TERMS & CONDITIONS APPLY. STARTING BID £160,000***THREE BEDROOM MID TERRACED***Immediate 'Exchange Of Contracts' available...
In brief the property comprises; entrance porch, hallway, living room, dining room, kitchen, utility area, three good size bedrooms, and spacious bathroom.
Also benefiting from UPVC double glazed windows, Gas central heating, and rear garden. Freehold. Council Tax Band B. EPC Rating D.
ENTRANCE PORCH HALLWAY LIVING ROOM 11' 2" x 12' 1" (3.4m x 3.68m) DINING ROOM 11' 6" x 12' 2" (3.51m x 3.71m) KITCHEN 8' 3" x 7' 9" (2.51m x 2.36m) UTILITY AREA LANDING BEDROOM ONE 11' 5" x 11' 10" (3.48m x 3.61m) BEDROOM TWO 11' 2" x 11' 10" (3.4m x 3.61m) BEDROOM THREE 11' 7" x 7' 9" (3.53m x 2.36m) BATHROOM 11' 9" x 7' 8" (3.58m x 2.34m) REAR GARDEN GENERAL INFORMATION / MATERIAL INFORMATION PART C Nuneaton & Bedworth Borough Council.
Council Tax Banding B. EPC Commissioned. Low Floor Risk Area. The Vendor has informed the Agents, they are not aware of any Building Safety issues.
The Vendor has informed the Agents, they are not aware of any planning considerations in direct locality. We have been made aware the property is of Standard Brick Construction.
TENURE: we understand from the vendors that the property is freehold with vacant possession on completion.
SERVICES: Russell Cope Estate Agents have not tested any apparatus, equipment, fittings, etc, or services to this property, so cannot confirm they are in working order or fit for the purpose.
A buyer is recommended to obtain confirmation from their Surveyor or Solicitor. FIXTURES AND FITTINGS: only those as mentioned in these details will be included in the sale.
MEASUREMENTS: the measurements provided are given as a general guide only and are all approximate. VIEWING: by prior appointment through the Sole Agents.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers' obligations and sellers' commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non- refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Arden Road, Bulkington
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