This rare opportunity presents a rural site with redevelopment potential, located just outside the sought-after village of Princethorpe. The site features an existing uninhabitable one-bedroom bungalow, which requires complete redevelopment, and benefits from direct access off Leamington Road and mains electricity supply. However, there are no mains gas, water, or drainage services, making it unsuitable for mortgage financing. The property offers a tranquil countryside setting with excellent transport links, including proximity to major road networks and a railway station with high-speed services to London. The site presents a fantastic investment opportunity for those looking to create a bespoke rural home or explore development potential, and is being sold using the Reservation fee process to minimize the risk of gazumping or double-selling.