Property for sale

Freehold interest plus land, Nuneaton, CV10

Sold STC £6,000

Property Description

Key features

  • Freehold interest/ ground rents
  • Investment opportunity

Full description

SOLD AT AUCTION FOR £6,000

AUCTION - To be sold via Public Auction on Thursday 11th July 2019 at 6:30pm (Village Urban Resort Hotel, Canley, Coventry CV4 9GZ)

GUIDE PRICE: £6,000 to £10,000



FREEHOLD INTEREST ONLY

Freehold interest of a single semi-detached property plus freehold parcels of land.

The freehold interest is for the benefit of ground rent and potential lease extension on a long leasehold property, 52 Fair Isle Drive with 45 years remaining.

The land comprises of grass verges, road and pathways along Fair Isle Drive, The Raywoods and Oldany Way.


TENURE

Freehold interest only, subject to lease for number 52.


LEASEHOLD INFORMATION

52 Fair Isle Drive only,
Term: 99 years from 24th June 1965
Ground rent: £25 p.a.


ADDITIONAL COSTS

Administration Fee: £450 (£375 plus VAT)
Please see the legal pack for further costs.



Listing History

Added on Rightmove:
13 June 2019

Nearest stations

  • Nuneaton (1.3 mi)
  • Bedworth (2.7 mi)
  • Coventry Arena (4.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Loveitts, Coventry - Auctions

29 Warwick Row, Coventry, CV1 1DY

02475 060107 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Nuneaton (1.3 mi)
  • Bedworth (2.7 mi)
  • Coventry Arena (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Loveitts, Coventry - Auctions

29 Warwick Row, Coventry, CV1 1DY

02475 060107 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference loveitts_1800000_876. 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 Loveitts, Coventry - Auctions. 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.

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*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.”

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 Loveitts, Coventry - Auctions on 02476 527789.


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