Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CV12 9QX
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £35,000.
***CASH BUYERS ONLY - LOW LEASE***ONE BEDROOM SECOND FLOOR FLAT***SHORT WALK TO BULKINGTON VILLAGE CENTRE***CALL NOW TO ARRANGE A VIEWING***In brief the property comprises; entrance hall, lounge/diner, kitchen, one bedroom , and bathroom.
Also benefiting from double glazed windows, and communal parking to the rear. Leasehold. 39 Years remaining on the lease. Council Tax Band A. EPC Rating E.
COMMUNAL ENTRANCE ENTRANCE HALL LOUNGE DINER 18' 9" x 10' 11" (5.72m x 3.33m) KITCHEN 9' 10" x 5' 6" (3m x 1.68m) BEDROOM 10' 10" x 9' 11" (3.3m x 3.02m) BATHROOM 5' 10" x 7' 0" (1.78m x 2.13m) GENERAL INFORMATION / MATERIAL INFORMATION PART C Nuneaton & Bedworth Borough Council.
Council Tax Banding A. EPC Rating E Low flood risk The Vendor has informed the Agent they are not aware of any building safety issues. Standard Brick Construction.
TENURE: The property is Leasehold with approximately 39 years remaining on the lease. The Vendor has informed us that the ground rent is £15 per annum, and the service charge is £150 per annum.
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 Russell Cope.
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.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'.
The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'. These prices are subject to change.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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FAQ
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