This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).Bidding opens on the 24th of September 12:00 and closes on the 30th of September at 12:00 with a GUIDE PRICE of 90,000.Property Solver Online Auctions is thrilled to present this 642 sq ft top-floor apartment located in the highly sought-after Sunbury Road, Coventry.Situated in a highly convenient part of Coventry, this well-presented 2-bedroom apartment offers excellent access to local shops, amenities, and transport links. A fantastic option for first-time buyers, professionals, or landlords, the property also represents an excellent buy-to-let opportunity in a consistently strong rental market. With demand for rental accommodation in Coventry continuing to grow, investors can expect reliable returns and long-term appeal.Internally, the apartment is thoughtfully laid out to maximise both space and comfort. It comprises a bright and spacious lounge (170.82 sq ft) filled with natural light, a well-proportioned kitchen (77.19 sq ft), and two comfortable bedrooms bedroom one (112.11 sq ft) and bedroom two (131.08 sq ft) alongside a modern bathroom (45.44 sq ft). Finished in a neutral dcor, the property offers a blank canvas for a refurbishment.Externally, residents benefit from communal facilities and parking, adding to the practicality of the home. WithCoventry city centre, major road networks, and the University Hospital Coventry & Warwickshire all within easy reach. Whether youre expanding an existing portfolio or looking for a solid entry into property investment, this apartment combines stability and strong growth prospects.More InformationThe Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.Notice to BiddersThis property is being sold under Property Solvers' Unconditional Auction terms. Once the virtual hammer falls, the buyer has exchanged contracts at the fall of the virtual gavel. The minimum deposit of 10% will then need to be paid into the Property Solvers client account (unless otherwise agreed).Property Solvers will then transfer the 10% deposit to the conveyancer's account. The buyer is under contract to complete on the sale within 28 days. Failing to do so means that the buyer will lose the deposit paid to Property Solvers in addition to abortive legal costs.As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements please see the legal pack documents.Buyer Reservation FeeA 2% + VAT (non-refundable) fee (subject to a minimum of 2,400 including VAT) plus a 150 (including VAT) processing fee will be due from the winning bidder.Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time before the auction.Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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