46 Cubbington Road, Coventry, CV6 7BN
46 Cubbington Road, Coventry, CV6 7BN
- 6
Key features
Guide Price: *
£140,995
Fees apply
Reservation fee:2.4% (min. £6,000)
All fees include VAT at 20%
46 Cubbington Road, Coventry, is a three-bedroom mid-terraced property offering a fantastic investment opportunity. The property is currently tenanted and will be sold with tenants in situ, providing immediate rental income for the new owner. Current rental is £9,900 per annum. The market rent in the locality for similar three-bedroom properties are in the region of £13,200 - £14,400 per annum.
While the home requires refurbishment, including a new kitchen and bathroom, it presents an excellent opportunity for investors or those looking to add value. The spacious interior features three bedrooms, a living area, and a functional layout that can be modernised to suit contemporary tastes.
To the front, the property benefits from a private driveway providing off-road parking, and a garden to the rear offers additional outdoor space. Located in a popular residential area, the property is close to local amenities, schools, and transport links, making it a convenient and accessible location.
Council Tax Band: A
EPC Rating: C
Summary
- Auction end
- 14th Apr at 15:30
- Property type
- Terraced
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- A
Summary
- Auction end
- 14th Apr at 15:30
- Property type
- Terraced
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- A
This property is being sold by:
Tutis Estates
024 7601 6545
62 Holbrook Ln, Coventry CV6 4AB
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.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.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Tutis Estates shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Tutis Estates. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
