Auction opportunity for cash buyers seeking renovation and rental potential in CV6.
Three bedrooms, two reception rooms, about 952 sqft
A three-bedroom, ground-floor flat in CV6 offered for sale by auction. The property provides roughly 952 sqft of accommodation across two reception rooms and a first-floor bathroom, with double glazing and mains gas central heating. Its finish is serviceable but dated and it will benefit from cosmetic modernisation to maximise rental or resale value.
Important purchase considerations: the lease has only 37 years remaining — many high-street mortgage lenders will refuse mortgage offers on this asset. The sale is unconditional at auction and carries an upfront 5% deposit (minimum £5,000) plus a non-refundable buyer’s fee of 4.8% (minimum £6,000 inc. VAT); bidders must review the Legal Pack for any further costs and the reserve price guidance.
Practical positives include low local crime, fast broadband and good mobile signal, proximity to schools and local amenities, and no flood risk. There is no private garden; external space is hardstanding suitable for parking or storage. This is best suited to cash buyers or experienced investors able to manage short-lease issues and refurbishment works.
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