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5 Radcliffe Gardens, Brunswick Street, Leamington Spa, Warwickshire CV31 2DY

Auction Event
 

Guide Price £50,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 30th January 2025

9.00am
Key Features
  • Council Tax Band: A
  • First Floor Apartment
  • Two Bedrooms
  • Convenient Location to town centre
  • Residents Car Park
  • Improvement works required
  • EPC Rating: E
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Flat

Property Description:

Two-bedroom apartment located on the first floor, set in a convenient location allowing easy access to the town centre.

Radcliffe Gardens enjoys a good location and the property is set to the rear of the block. It has a lounge, separate kitchen, two bedrooms and bathroom (having an easy access shower).

The apartment is now in need of improvement throughout.

Accommodation
Block Entrance:

Secure entry system and entry phone to the property.

Communal Hallway:

Leading to Entrance door

Lounge - 4.23m x 4.00m (13ft 11 x 13ft 1)

Radiator and double glazed windows overlooking the rear gardens and car park.

Kitchen - 2.82m x 2.03m (9ft 3 x 6ft 8)

A range of wall and base units, stainless steel sink and double glazed window.

Bedroom One - 3.97m x 3.10m (13ft 0 x 10ft 2)

Radiator and double glazed window.

Bedroom Two - 2.82m x 2.34m (9ft 3 x 7ft 8)

Radiator and double glazed window.

Externally:

There are gardens laid mainly to lawn and a car park for resident use, the spaces are not allocated.

Additional Information:

Construction Material: System Built (apartment block). Heating: Community scheme heating (taken from epc). Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as available. Satellite and Cable - BT, Sky and Virgin show as available in this area.

Leasehold Information

We have been advised the lease is 125 years from 27 June 2005 (105 years remaining). The annual ground rent is £10, and the annual service charge amount is £2,212.06 (1 Apr 24 - 31 Mar 25) and can be paid annually, quarterly or monthly. Please refer to the legal pack for confirmation. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Double Glazing
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Residents, Off Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.