Summary - 287, Tarquin Close, COVENTRY CV3 3BU
1 bed 1 bath Flat
Low guide price, vacant possession and ready for refurbishment or rental.
Second-floor one-bedroom flat sold vacant at auction
A compact one-bedroom second-floor flat offered vacant and sold at auction with a long lease (105 years remaining). The property sits in a mid-20th century block and presents a straightforward investment or starter purchase with immediate vacant possession. Communal gardens and off-street parking add practical appeal for tenants or owner-occupiers.
The apartment is listed with an EPC C and double glazing; photos show a bright living room with laminate flooring and a small balcony. Service charge and ground rent are modest for an apartment of this type (approximately £1,656pa service charge and £150pa ground rent). The building is system-built with external insulation — this can help running costs but may limit certain types of alterations.
Buyers should note the neighbourhood classifications (constrained/hampered) and local area deprivation indicators. The listing includes two different heating notes (mains gas boiler and also described as electric heating). Prospective purchasers should confirm the actual heating system, utility connections and full service charge/management arrangements in the legal pack.
This lot is being sold in-room and by livestream auction. Allow for buyer’s costs in addition to the purchase price: an administration fee (£1,200 inc. VAT) and a buyer’s premium (£600 inc. VAT). Guide price is £40,000–£60,000, making it a low-entry-point purchase for investors or buyers prepared to manage refurbishment and rental re-letting in a higher-deprivation neighbourhood.
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