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5 bedroom terraced house for sale
8 Priory Terrace, Leamington Spa, Warwickshire, CV31 1BA
£600,000
8 Priory Terrace, Leamington Spa, Warwickshire, CV31 1BA
£600,000
Our Summary
- Guide Price £600,000 - £700,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 25th of June 2025
- Registration is now open, bidding opens on 25th on June at 10:00 and ends on 25th June 2025on June at 12:16 FIVE BEDROOOM INCOME GENERATING INVESTMENT TO BE SOLD AT AUCTION Description ON INSTRUCTIONS OF THE LANDLORD WE ARE TO AUCTION THIS 5 BEDROOM ALL ENSUITE PROPERTY
- PLEASE NOTE THE REAR DOOR TO THE PROPERTY IN THE UTILITY ROOM IS NOW LOCATED ON THE REAR WALL Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
This five-bedroom property is being sold at auction and is an excellent investment opportunity. The property has been recently refurbished to a high standard, featuring fully fitted wardrobes, new furniture and appliances, and underfloor heating throughout. The property is fully managed and let, generating £46,750 per annum from September to July, and £42,900 in 2023/2024. The property has a large kitchen with quality appliances, five en-suite shower rooms, and a low-maintenance courtyard garden. It is located in the heart of Leamington Spa town centre, within walking distance to the main shopping area and train station. The property is ideal for investment buyers, parents looking for university accommodation, and homeowners who could easily convert it back to a single-family home. A 5% buyers' premium plus VAT applies to the sale, and the auction is scheduled to take place on June 25th, 2025.