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Paynes Lane, Coventry, CV1 5LJ

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

6

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Viewing Essential
  • 6 En-suite shower rooms
  • Stylish fitted kitchen
  • Easy walk from the city centre and university
  • Excellent rental of circa £3000 per month
  • Fully refurbished
  • Enclosed gardens
  • No further chain

Description

Being Sold by GOTO Online Auction

Starting Bids from: £270000

Buy it now option available

Please call or visit Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Cloud9 Estate Agents.

General Information:
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller's solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer's Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6,000 including VAT plus an administration charge of £354including VAT, a total of £6,354. This secures the transaction and takes the property off the market.

The Buyer's Premium and administration charge are in addition to the final negotiated selling price.

Council Tax Band A.
Tenure: Freehold 

BEDROOM ONE (GROUND FLOOR FRONT) 12' 9" x 12' 9" (3.9m x 3.9m)  

KITCHEN 15' 5" x 12' 9" (4.7m x 3.9m)  

BEDROOM TWO (GROUND FLOOR REAR) 7' 2" x 13' 5" (2.2m x 4.1m)  

BEDROOM THREE (FIRST FLOOR FRONT) 15' 1" x 12' 9" (4.6m x 3.9m)  

BEDROOM FOUR (FIRST FLOOR MIDDLE) 9' 10" x 9' 6" (3.0m x 2.9m)  

BEDROOM FIVE (FIRST FLOOR REAR) 16' 8" x 7' 2" (5.1m x 2.2m)  

BEDROOM SIX (SECOND FLOOR) 24' 7" x 15' 1" (7.5m x 4.6m)  

Energy Performance CertificatesA document confirming the energy efficiency rating of the property.Read more about epc in our glossary page.

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Paynes Lane, Coventry, CV1 5LJ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Station1.1 miles
  • Canley Station2.5 miles
  • Coventry Arena Station2.5 miles
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About the agent

Cloud9 Estates Ltd, Coventry

108 Walsgrave Road, Walsgrave, Coventry, CV2 4ED

Cloud9 Estates Ltd, Coventry

Coventry's Most Trusted, Multi Award Winning and Largest Multilingual Sales, Lettings, Property Management, Commercial Estate Agent. We are members of ARLA and NAEA and are also members of the Property Ombudsman which means that we are fully regulated. Members of the Client Money Protection Membership Scheme which means that we protect our clients’ money against the theft or misappropriation of the client money. Having partnered with University Hospital for internal advertising and he

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Disclaimer - Property reference 101851016017. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cloud9 Estates Ltd, Coventry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cloud9 Estates Ltd, Coventry on 024 7542 9807.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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