The two-bedroom leasehold maisonette located within the Meon
Vale development on Wellington Avenue features kitchen and bathroom facilities,
central heating and double glazing throughout as well as communal parking and
Situated approximately 7 miles from Stratford-Upon-Avon’s
town centre, experts at Loveitts predict the lot will receive a huge amount of
interest on the night due to its highly competitive guide price of £135,000 –
making it one of the cheapest bargains currently on the market within the Stratford
With 994 years left remaining on the lease, the maisonette
has been touted as an ideal investment opportunity for investors or first-time
buyers looking to take their first steps onto the property ladder.
The two-bedroom property will go under the hammer at the
Village Hotel, Coventry on 26th September at 6:30pm.
Loveitts Director and Auctioneer at Loveitts, Sally Smith
commented: “This is an incredibly exciting opportunity for buyers who are
either looking to take their first step onto the housing ladder, or even make
an investment which promises a real return on their money.
“Stratford-Upon-Avon is one of Warwickshire’s finest towns
and a highly sought-after location – its excellent section of shops and superb
restaurants combined with its first-class culture makes the town an idyllic
place to live.
“This makes the two-bed property’s guide price all the more
surprising as you only have to look at the current market within
Stratford-Upon-Avon to see that only shared ownership and retirement properties
are available in the area for such a price.
“We have already received a substantial amount of interest
in the property and expect it to be a popular lot on the night, especially given
the growing number of attendees that are visiting our auctions – which not only
signals the popularity of the lots on sales but also shows a growing confidence
amongst vendors opting to sell their home by auction rather than using the
traditional route to market.
“This month’s auction has something for everyone and we are
confident that plenty on the night will be looking to bag themselves a bargain.”
Loveitts, which is Coventry’s only auctioneer, is unique as
it specialises in properties only within Coventry and Warwickshire – whereas
its competitors spread their net across the Midlands, targeting mainly
Birmingham and the surrounding regions.
The auction takes place at the
Urban Village Resort Hotel in Canley, Coventry at 6.30pm on Thursday 26th