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Allesley Old Road, Coventry, West Midlands, CV5

PROPERTY TYPE

House

BEDROOMS

11

BATHROOMS

11

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

  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees applyThe Modern Method of Auction
  • The Modern Method of Auction

Description

A prominent Freehold redevelopment opportunity on the outskirts of the City Centre. The subject property currently comprises 11 bedsits with individual shower rooms over three floors, main entrance, cellar, large, fitted kitchen/dining room and a first floor lounge. To the side and rear elevation there is a a ground floor retail unit with office space and stores above and to the rear there is self-contained retail unit with office, kitchen and w.c. to the rear. The grade 2 listed property is located within the Chapelfields conservation area and occupies a prominent corner position on a main arterial route into Coventry city centre, and benefits from a large tarmac car park and lawned gardens to the opposite side.

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and (truncated)

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Particulars

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.

Band: F

Allesley Old Road, Coventry, West Midlands, CV5

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Canley Station0.9 miles
  • Coventry Station0.9 miles
  • Tile Hill Station2.9 miles
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About the agent

John Payne Estate Agents, Earlsdon

37 Earlsdon Street, Earlsdon, Coventry, CV5 6EP

John Payne Estate Agents, Earlsdon

John Payne Estate Agents (formerly Payne Associates) Earlsdon Office has been locally established since 2003 and is situated within strolling distance of the busy Earlsdon High Street.

We have a network of 2 offices across Coventry in prime locations at Earlsdon Street and Warwick Row in Coventry City Centre.

The company was founded in 2008 by John Payne MNAEA MARLA, Tony Twigger FRICS and Malcolm Margerrison MNAEA, who have over 90 years experience in estate agency, lettings and

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Industry affiliations

Royal Institute of Chartered Surveyors

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Disclaimer - Property reference CTY230053. 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 John Payne Estate Agents, Earlsdon. 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 John Payne Estate Agents, Earlsdon on 024 7542 2567.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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