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5 bedroom terraced house for sale
8 Priory Terrace, Leamington Spa, Warwickshire, CV31 1BA
£620,000
8 Priory Terrace, Leamington Spa, Warwickshire, CV31 1BA
£620,000
Our Summary
- Guide Price £600,000 - £700,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 11th of June 2025
- Registration is now open, bidding opens on 11th on June at 10:00 and ends on 11th June 2025on June at 13:10 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 an income-generating investment opportunity to be sold at auction on June 11th, 2025. The property has been recently refurbished to an excellent standard, featuring fully fitted wardrobes, new furniture, appliances, and floor coverings throughout. The property generates £46,750 per annum from September 1st to July 31st, 2025, and £42,900 in 2023/2024. The property is fully managed and let, making it an attractive option for investment buyers, parents seeking university accommodation, and homeowners looking to convert it back to a single-family home. The property is situated in the heart of Leamington Spa town centre, within walking distance to the main shopping area and train station. The auction will include a 5% buyer's premium and VAT, and the successful bidder will be legally bound to buy and the vendor will be legally bound to sell the property.