Guide price
£295,000
2 bed detached bungalow for saleBirchwood Road, Binley Woods, Coventry CV3
2 beds
1 bath
About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply
Generous plot with excellent potential for a replacement dwelling, subject to planning
Two double bedrooms
Popular Binley Woods location with many nearby examples of redevelopment
Scope to renovate and extend the existing bungalow
Wide frontage and good-sized rear garden
Attached garage and driveway parking
This is a property where the plot is the big attraction.
The bungalow sits on a generous site in Binley Woods, with a wide frontage, plenty of space around the existing building and a good-sized garden to the rear. There is obvious scope to renovate and extend what is already here, but the plot may also appeal to someone looking at the possibility of replacing the bungalow altogether, subject to the necessary planning permission.
That sort of change is not unusual in Binley Woods. Many of the village's original bungalows and smaller houses have been enlarged, remodelled or replaced over the years, so there are plenty of nearby examples of what can be achieved with this type of plot.
The existing accommodation includes two double bedrooms, a bay-fronted living room, kitchen, bathroom, separate WC and conservatory. There is also an attached garage, while a ladder gives access to a carpeted loft area with a rooflight. We have treated this simply as loft space rather than formal living accommodation.
The property is dated and some areas have already been stripped back, so anyone buying it is likely to be looking at a fairly substantial project. Whether that means working with the existing bungalow, extending it considerably or looking at a completely new home, the attraction is having a good plot and plenty of options to consider.
Outside, there is driveway parking to the front, the attached garage and a generous rear garden. The overall setting gives the property a lot of potential for someone with the appetite to take it on.
Council Tax Band: D
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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