Cornwallis Road, Rugby
Starting Bid £90,000
2 Bedroom Maisonette
- FIRST FLOOR MAISONETTE
- TWO WELL PROPORTIONED BEDROOMS
- SPACIOUS LOUNGE
- FITTED KITCHEN WITH BUILT-IN OVEN AND HOB
- DOUBLE GLAZED WINDOWS AND GAS CENTRALLY HEATED
- SMALL GARDEN TO REAR
- GARAGE IN NEARBY BLOCK
- 45 YEARS REMAINING ON LEASE
- GROUND RENT £30P/A AND NO SERVICE CHARGE
- IDEAL FIRST TIME BUY OR INVESTMENT OPPORTUNITY
Two bedroom first floor maisonette located in the popular residential area of Bilton benefiting from gas central heating and double glazing. The accommodation briefly comprises: entrance hall, lounge, fitted kitchen with built in oven and hob, two well proportioned bedrooms and bathroom with shower over the bath. There is a shared rear garden area and single garage located close to the property. This property would make a superb first time home or investment opportunity. The property is currently let with the tenants paying £760pcm.
Entrance
Hardwood front door leading to hall with stairs rising to the first floor.
Lounge
4.66m x 3.11m (15'3" x 10'2")Double glazed windows, gas central heating radiator and carpeted.
Kitchen
3.30 x 2.12 (10'9" x 6'11")Double glazed window and a range of matching wall and base units incorporating one-and-a-half bowl single drainer sink unit, built-in 'Belling' electric hob and oven with extractor hood, storage cupboard housing Glow Worm boiler and vinyl flooring.
Landing
Double glazed window, radiator, loft hatch, storage cupboard and carpeted.
Bedroom One
2.81 x 3.14 (9'2" x 10'3")Double glazed window, radiator and carpeted.
Bedroom Two
2.10 x 3.06 (6'10" x 10'0")Double glazed window, radiator and carpeted.
Bathroom
1.74 x 2.17 (5'8" x 7'1")Double glazed window, three piece bathroom suite including panelled bath with electric Triton shower over, pedestal wash hand basin, low flush w.c., heated towel rail and tiled floor.
Garage
Located to the rear of the building.
Garden
Small section of garden to the rear which is mainly lawned.
Tenure - Leasehold
The agent has been informed that the property is offered leasehold with 45 years remaining on the lease. There is no service charge and a 'peppercorn rent' for the ground rent, however any interested party should obtain confirmation of this via their own solicitor or legal representative.
Viewings
Viewings are strictly via the agent Archer Bassett.
Auctioneer 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 via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject 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 procedures are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accepted 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.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.
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 up to 6% inc VAT (subject to a minimum which could be up to £7,200 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 and services.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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