Guide price
£70,000
1 bed flat for saleFollager Road, Rugby CV21
1 bed
1 bath
1 reception
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
One bedroom duplex
Allocated off road parking
Open plan lounge/kitchen
Communal grounds
Close to town centre
Shipways will be conducting an open house event on this property and viewings are arranged by appointment only, please call today to avoid missing out on this fantastic first time buyer opportunity or ideal investment opportunity.
Description
Shipways are proud to present this one bedroom property. This property further benefits from excellent transport links which includes regular bus routes, easy access to the M1/M6 and M45 motorways by road, and a short drive from Rugby train station and town centre.
In brief the accommodation comprises of an entrance hall, a shower room/utility room and double bedroom to the ground floor. On the first floor, there is an open plan lounge/dining room/kitchen with a fitted hob and oven. The property benefits from PVC double glazing and gas fired central heating to radiators.
Externally the property benefits from one allocated off road parking space and communal gardens to all sides with a locked bike storage. The property is considered to be an ideal first time purchase/investment opportunity.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Agent Note
The Council Tax Band is A.
The Term Lease is 125 years from 1 September 2005.
Entrance Hall
Radiator, double glazed window to front, ceiling light point.
Lounge 14' x 12' 3" max ( 4.27m x 3.73m max )
Two radiators, two double glazed windows, spotlights, two ceiling light points.
Kitchen 6' 7" x 6' ( 2.01m x 1.83m )
Hob, oven, sink, mixer tap, spotlights, extractor, double glazed window to front.
Bedroom One 10' 9" x 8' 1" ( 3.28m x 2.46m )
Ceiling light point, double glazed window to side, radiator, storage.
Bathroom
Toilet, sink, extractor, shower, ceiling light point, radiator.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: 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 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.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. 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. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Mortgage calculator
£350 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (104 years)
Service charge
£3,312 per year
Council tax band
A
Ground rent
£160
Ground rent date of next review



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