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Coventry, CV1 2EL

2 The Quadrant
St Ives Road, Wyken, Coventry, CV2 5FZ
SalesSt Ives Road, Wyken, Coventry, CV2 5FZ
 St. Ives Road, Wyken, Coventry, CV2 5FZ
£200,000
  • 3 Bedrooms
  • 1 Bathrooms
  • 1 Reception Rooms

Property description

REFURBISHMENT OPPORTUNITY – THREE BEDROOM SEMI-DETACHED HOME WITH ADDITIONAL LOFT ROOM – POPULAR WYKEN LOCATION

An exciting opportunity to acquire a three-bedroom semi-detached family home with an additional loft room, offering fantastic potential for buyers looking to modernise and create a home to their own taste. Ideal for first-time buyers, investors or those seeking a renovation project.

Situated in the popular residential area of Wyken, just off Hipswell Highway, the property is conveniently located for a wide range of local amenities, shops, schools and transport links. Walsgrave Hospital is also less than a five-minute drive away.

The property requires full refurbishment throughout, presenting an excellent opportunity to add value. Once fully modernised to a good standard, we estimate the property could achieve a market value in the region of £280,000, subject to the quality of the improvements and prevailing market conditions.

Accommodation

The ground floor briefly comprises an entrance porch leading into the hallway, with useful understairs storage. There is a separate lounge and a kitchen/diner with space for appliances, together with an external storage cupboard and outside WC.

To the first floor are two well-proportioned double bedrooms, a third single bedroom and a family bathroom fitted with a white suite.

A further staircase provides access to the second-floor loft room, offering additional versatile space.

Outside

The property benefits from lawned gardens to both the front and rear, offering excellent potential for landscaping and improvement.

Additional Information

The property benefits from double glazing, electric heating throughout and a modern consumer unit.

We understand that a gas supply may be available to the property from the street; however, there is currently no gas meter installed. Prospective purchasers should make their own enquiries with the relevant utility provider to establish the availability, connection requirements and associated costs, particularly if considering the installation of gas central heating.

A fantastic opportunity to transform a traditional family home in a well-established and sought-after residential location. Early viewing is recommended to appreciate the potential on offer.

 

Good to know:

Non-Standard construction – wimpey no fines concrete construction (please ensure your lender is aware of this)

The property will be sold vacant with no onwards chain (the current occupant vacates in January 2027)

If modernised throughout we expect the value to be around £280,000.

EPC Rating – E
Electrical storage heating.

Council Tax Band B

Internal area – 1117 Sq Ft.

Tenure  : Freehold

Council Tax Band  :  B

  • Construction materials used: Others
  • Water sources: Direct mains water
  • Electricity source: National Grid
  • Sewerage arrangements: Standard UK domestic
  • Heating Supply: Central heating (electric)
  • Mobile signal/coverage: Good
  • Parking Availability: Yes

Property Information

  • Reference number suttons_672995353
  • Property Type Semi Detached
  • Kitchen-Diner Yes
  • Furnishing Unfurnished
  • Tenure Freehold
  • Sale classification Property to Refurbish
  • Current Occupant External Tenant
  • Full Double Glazing Yes
  • Property condition Major modernisation required
  • Market infoMarket info

Location

St. Ives Road, Wyken, Coventry, CV2 5FZ

Features

  • No Chain
  • Electric storage heating
  • Refurbishment opportunity
  • Non Standard Construction Wimpy no fines concrete

Floor Plan

  • 1
  • 2
  • 3
  • 4

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Completion date before 31st March 2021 Click Here

Single Property

Stamp duty charges for completion date after 31st march 2021

Purchase Price

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Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £125k 0
£125k to £250k 2
£250k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12

Additional Property

Stamp duty charges for completion date after 31st march 2021

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £125k 3
£125k to £250k 5
£250k to £925k 8
£925k to £1.5m 13
rest over £1.5m 15

First Time Buyer

Purchase Price

(Enter numbers only)

Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £300k 0(2/5)*
£300k to £500k 5
£500k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12
*For purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.

Location

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