2 bed apartment to buy in CV1
New Buildings, Coventry, West Midlands, CV1 1FE
Online auction
- Being Sold via Secure Sale online bidding. Terms and Conditions apply
- AWARD WINNING DEVELOPMEMNT
- Grade II Listed Conversion
- Dramatic Cathedral & Millennium Garden Views
- Two Large Double Bedrooms
- New York Style Loft Apartment
- Private Garage
2 bed apartment to buy in CV1
Being sold via Secure Sale online bidding. Terms & Conditions apply.
A stunning loft-style apartment forming part of a gorgeous grade II listed conversion restored by Harrabin Construction - The Ribbon Factory is part of the Phoenix Initiative, Coventry’s primary Millennium project - large open plan kitchen / diner great for entertaining - two large double bedrooms - en-suite shower room to the master bedroom - a rare private garage in the city centre - no onward chain - award winning development.
Pattinson Auction in partnership with Tailor Made Sales and Lettings are privileged to bring to market this stunning, period loft-style apartment conversion of The Ribbon Factory in the heart of Coventry City Centre. A real celebration of Coventry's industrial past, The Ribbon Factory is part of the Phoenix Initiative, Coventry’s primary Millennium project, an award winning Grade II listed development designed by PCPT Architects and carefully converted by Harrabin Construction 21 years ago.
The Grade II listed Ribbon Factory is a late 18th Century building, with an adjoining Master’s House within the ruins of a medieval priory. Modern interventions alongside the historic characterise the conversion within the multi-award winning Phoenix scheme.
The property is being sold via UNCONDITIONAL METHOD OF AUCTION with the rare inclusion of a private garage in the City Centre of Coventry.
There is a secure gated, intercom front entrance, leading to a stunning communal terraced with dramatic views of Coventry's centre piece attractions, the new and old cathedrals and millennium gardens. This stunning New York Style Loft Apartment, is perfectly positioned in the heart of Historic Coventry City Centre, within a stone's throw of Cathedral Lines Dining and Entertainment Area, Broadgate, West Orchards and precinct Shopping Areas.
The apartment comprises a secure external and internal communal areas, entrance hallway with doors leading to a large lounge / dining, two huge sash windows, exposed flooring and lovely fireplace. There is a large open plan kitchen / diner, superb for entertaining and hosting guests, fully fitted with integrated appliances and large centre island unit, two large sash windows, high ceilings and stunning fire place.
There are two excellent double bedrooms, both with dual aspect large sash windows, exposed flooring, high ceilings and a great twist of period and modern features. The master bedroom benefits from a modern en-suite shower room and WC.
The principle bathroom is modern with a white suite, comprising a bath with shower over, WC, wash hand basin, high ceiling and large sash window.
Length of Lease: 101
Annual Service Charge Amount: £4,400.00
Summary
- Property Type: Apartment
- Bedrooms: 2
- Receptions: 1
- Tenure: Leasehold
- Heating: Electric, Gas
- Parking: Garage
Floor Plan
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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