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Our Summary
- For Sale by Public Auction
- 3% (based on the auction guide price)
- For Sale by Public Auction An attractive opportunity to acquire a Grade II Listed residential building comprising three self-contained apartments, all currently let and producing immediate income of approximately £27,120 per annum
- 3% based on the auction guide price
- Auction Details: Sheldon Bosley Knight Land and Property Auction Wednesday 22nd July 2026 at 6:00pm, doors open at 5
- Stratford-upon-Avon Town Hall Auction Terms - This property is offered for sale by traditional auction by SBK Sales Ltd, trading as SBK Auctions
- The property will, unless previously sold or withdrawn, be sold subject to the Special Conditions and General Conditions of Sale contained within the Auction Legal Pack
- The Auction Legal Pack will be available to download by registered bidders
- The sale will take place on the stated auction date by way of a live, in-room auction and the property is being sold on an unconditional basis with a fixed fee
- Some sellers may consider a pre-auction offer and the lot may be sold or withdrawn before the auction
- Auction Deposit And Fees - The following deposits and non-refundable auctioneer's fees apply and will need to be paid to the auctioneer on exchange of contracts: •10% deposit, subject to a minimum of £5,000 •Buyer's Premium of £1,500 inc
- VAT There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Auction Legal Pack
- Buyers must read the Auction Legal Pack carefully and take professional advice before bidding
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Description
The property is a Grade II Listed residential building on the High Street in the village of Cubbington, comprising three self-contained one-bedroom apartments. The building is accessed via a communal entrance and there is a prominent position locally, with strong rental demand in the area. The apartments are currently let and produce an immediate income of approximately £27,120 per annum, with rental yields of £735, £750, and £775 per calendar month for Flats 1, 2, and 3 respectively.
The property is well-located for access to local amenities, including shops, public houses, schools, and recreational facilities, as well as Leamington Spa town centre and major road networks.