2 bed apartment to buy in CV32

Clarendon Avenue, Leamington Spa, Warwickshire, CV32 5PP

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Online auction

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply
  • Rental income of £1,400 PCM
  • En-suite shower room
  • Prime Leamington Spa town centre location
  • For sale with a sitting tenant
  • Integrated Appliances
  • Cash Buyers Preferred

2 bed apartment to buy in CV32

Located within the highly sought-after The Space development, this impressive third-floor two-bedroom apartment is offered for sale as an investment opportunity with a tenant already in situ, currently generating £1,400 PCM.

Accessed via a secure intercom entry system leading into a welcoming communal reception lobby, the building benefits from both lift and stair access to all floors. The apartment itself offers contemporary open-plan living, featuring a spacious lounge, dining and kitchen area fitted with a range of fully integrated appliances, creating a bright and stylish living space ideal for modern lifestyles.

The generous principal bedroom benefits from built-in wardrobes and a modern En-suite shower room, whilst the second double bedroom is served by a well-appointed main bathroom.

Residents of The Space also enjoy access to a communal decked terrace, whilst the property is overlooking the attractive Christchurch Gardens, providing an excellent outdoor space to relax and unwind.

Perfectly positioned in the very heart of Leamington Spa town centre, the property is just moments from an excellent selection of independent cafés, restaurants, bars, shops, supermarkets and excellent transport links, making it an attractive proposition for tenants and investors alike.

CASH BUYERS PREFERRED - intermediate landlord has been wound up and no longer exists, please refer to the Legal Pack: http://www.pattinson.co.uk/property?id=515105

Length of Lease: 990
Annual Service Charge Amount: £2,500.00

Summary

  • Property Type: Apartment
  • Bedrooms: 2
  • Receptions: 1
  • Tenure: Leasehold
  • Heating: Gas
  • Parking: None

Floor Plan

Floor Plan
EPC for 2 bed apartment to buy in CV32

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT)  This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

 

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