Flat 4, 12 Spencer Street, Leamington Spa, Warwickshire CV31 3NF

** IN THE ROOM AND LIVESTREAM AUCTION **

To be sold via Public Auction on Thursday 20th November 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £130,000 to £150,000

Tenanted, 1 bedroom second floor apartment with open plan lounge/kitchen area. Located to the south of the river and within walking distance to The Parade and local parks. Leasehold with 60 years remaining, with current rent payable £12,000 p.a. Ideal investment opportunity.

ACCOMMODATION
SECOND FLOOR
Hallway:
Kitchen/lounge: 16 ft 4 in max x 12 ft 7 in max
Bedroom: 13 ft 11 in max x 9 ft
Shower room

OUTSIDE
On street parking.

SERVICES AND HEATING
Mains electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)

Electric heating.

EPC RATING - D


COUNCIL TAX BAND - A


TENURE
Leasehold subject to tenancy.
Term: 99 years from 24/06/1986
Ground rent: n/a
Service Charge: £2,326.64 p.a

TENANCY
Assured Shorthold Tenancy
Term: Please see legal pack.
Rent payable: £1,000 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.