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

** TIMED ONLINE AUCTION **

To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 19th August 2025
(Visit auctionhouse.co.uk/online).

BIDDING OPENS: 13:00 on Monday 18th August 2025
AUCTION ENDS: 13:00 on Tuesday 19th August 2025

GUIDE PRICE: £140,000 - £160,000

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: Please see legal pack.
Service Charge: Please see legal pack.

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.