£100,000

   

ROI = 15% BMV = 45.68%
Description

***CASH BUYERS ONLY, Due to short lease*** A well presented and spacious two double bedroom first floor maisonette located in the hugely popular area of Whoberley - stones throw from large selection of shops and amenities in Allesley Park - NO SERVICE CHARGES - no onward chain - previous successful rental property Tailor Made Sales and Lettings are pleased to bring to market this spacious, well presented two double bedroom first floor maisonette in the hugely popular area of Whoberley. The property is well positioned on a quiet street, near a wide range of local amenities, excellent schooling, public transport and road links in and out of the city. The property is available to CASH BUYERS ONLY as there is 39 years remaining on the lease, albeit the seller is applying for a Section 42 notice to extended the lease (A section 42 notice is a formal request from a leaseholder to extend their lease on a property. It's based on section 42 of the Leasehold Reform, Housing and Urban Development Act 1993) The property is an ideal downsize, first purchase (funding permitted) and has been a successful rental property with an achievable rent of £850 per calendar month Full Property Summary Entrance Hallway - Private front entrance with stairs leading to the first floor landing. Landing - Doors off to all principle rooms, electric storage heater and double glazed window to the side elevation. Lounge / Diner - Double glazed window to the rear elevation and electric storage heater. Ktichen - A selection of wall and base units, one and half bowl sink drainer, four ring electric hob, double oven, space for fridge freezer and washing machine and double glazed window. Bedroom One - Double glazed window and electric heater Bedroom Two - Double glazed window and electric heater Bathroom - A white suite with bath, shower over, wash hand basin, WC, airing cupboard and double glazed window. How To Make An Offer - We will require the following information before we can advise our clients to accept or reject your offer: • Full proof of up to date deposit funds (by way of bank statement, bank screenshot, building society book or solicitors letter) • Should your deposit funds be coming from equity within your sale we require a memorandum of sale confirming your sale agreed price and an up to date mortgage statement outlining your redemption figure • Should your offer be a full "cash" offer we require proof of the full amount or a solicitors letter • Proof of your mortgage decision in principle (must have a recent date, full names and loan to value ratio) • Details including name, address, telephone number and email of who is arranging your mortgage (i.e. brokerage or direct bank) Should you have any question on the above please contact us. Agents Disclaimer - While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point of which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. The measurements indicated are supplied for guidance only and as such must be considered incorrect. Please note we have not tested the services, or any of the equipment or appliances in this property, accordingly we advise prospective buyers to commission their own survey or service reports before finalising the purchase. These particulars are issued in good faith but do not constitute representations of fact, or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Money Laundering Regulations - Prior to a sale being agreed, prospective purchasers will be required to produce identification documents. Your co-operation with this, in order to comply with Money Laundering regulators, will be appreciated and assist with the smooth progression of the sale.

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Property Details
  • Property ID: 157017146
  • Added On: 2025-01-17
  • Deal Type: For Sale
  • Property Price: £100,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Cash Buyers Only
  • Short Lease
  • Two Double Bedrooms
  • First Floor Maisonette
  • No Chain
  • Close to Amenities
  • Excellent School Catchment
  • Section 42 Notice Applied For.