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Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

A

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

£10 per year

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

ASK AGENT

Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

£1085.29

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

101 years left


Features

  • For sale by Modern Method of Auction
  • One bedroom flat with well-proportioned rooms
  • Bright lounge with access to private balcony
  • Separate kitchen with scope to modernise
  • Double bedroom with good usable space
  • Bathroom and additional storage off the hallway
  • Generally well cared for, with clear potential to update
  • Convenient for Cheylesmore, Coventry city centre and road links
  • Ideal first purchase or investment opportunity
  • We are advised this is a leasehold property with approximately 101 years unexpired. Service charge £1085.29pa and ground rent of £10pa

Nearest Stations

  • Coventry Rail Station - 0.9 miles
  • Canley Rail Station - 2.1 miles
  • Coventry Arena Rail Station - 4.0 miles
  • Tile Hill Rail Station - 4.0 miles
  • Berkswell Rail Station - 6.0 miles

Set within a purpose-built block, this flat offers a straightforward layout with well-proportioned rooms and a feel that’s easy to work with. The lounge is a bright, open space with access out onto a balcony, giving you a bit of outside space and a pleasant outlook beyond the building.

The kitchen sits separately and is functional as it stands, but there’s clear opportunity here for someone to modernise and make it their own. The same applies throughout the flat – it’s been lived in and cared for, but most buyers will likely want to update over time, which is reflected in the overall feel.

The bedroom is a comfortable double with good proportions, and the bathroom is positioned off the hallway along with a useful storage cupboard. The layout is simple and practical, making it easy to visualise improvements without major changes.

Outside, there are communal areas and the benefit of the balcony. The location gives convenient access into Coventry city centre, along with nearby road links for getting further afield.

The flat is leasehold with approximately 101 years unexpired and a service charge of £1085.29pa and ground rent of £10pa.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.


EPC Rating: C Property Ref: 416531C2-624C-4D93-BCFC-41970B4B7D3F

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