Modern Method of Auction
Auction date not yet published
2-bedroom property · CV47 1AU
For saleReduced £20k (−9.3%) on 21 JunListed 320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £215,000.
Set on the desirable Flying Fields Estate, on the brow of the market town of Southam, is this two-bedroom end-terrace home.
With a wealth of amenities on its doorstep and excellent road links nearby, this lovely property has much to offer its next owners. Being Sold via Secure Sale online bidding.
Terms & Conditions apply. Starting Bid £215,000. Set on the desirable Flying Fields Estate, on the brow of the market town of Southam, is this two-bedroom end-terrace home.
With a wealth of amenities on its doorstep and excellent road links nearby, this lovely property has much to offer its next owners.
Ground Floor: -Upon entering the property, you are welcomed into an entrance hallway that provides access to all other rooms within the home.
-Situated at the front of the home is the fully fitted kitchen, finished with a range of wall and base units and complete with an integrated fridge/freezer, dishwasher, electric oven, gas hob, and washing machine.
-Flowing through to the rear of the home, you will find the spacious lounge, which is flooded with natural light thanks to the French doors that conveniently provide access to the rear garden.
-The downstairs accommodation also benefits from a guest W/C. First Floor: -Both bedrooms are generously sized doubles, offering ample space for freestanding furniture.
-The bathroom is conveniently located near both bedrooms and features a partially tiled suite, complete with a shower over the bath, hand basin, and W/C.
Garden, Exterior & Further Property Information: -Outside, the garden is mainly laid to lawn, with a patio area perfect for alfresco dining during the summer months, as well as convenient side access.
-The property further benefits from a driveway for two vehicles, a small front garden laid to lawn, gas central heating, and double glazing throughout.
-Surrounded by the South Warwickshire countryside and with a wealth of amenities on its doorstep, this property offers its next owners rural community living.
Important Property Information: Tenure: Freehold EPC: B Local Authority: Stratford On Avon District Council Council Tax Band: C Maintenance Fee: Not currently applicable Please note: -Immediate ‘exchange of contracts’ available -Being sold via ‘Secure Sale’ -Being sold via Secure Sale online bidding.
Terms & Conditions apply. Starting Bid £215,000 -This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted.
Ultimately a transparent process which provides speed, security and certainty for all parties.
-Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
-This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
-The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
-Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
-The property is being sold via a transparent online auction.
-In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. -Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
-The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. -These prices are subject to change.
-An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction 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.
Disclaimer It is our intention to ensure that the information on these particulars are as accurate as possible. However, please be aware that in some instances the information hasn’t been available.
Therefore, it is advisable to contact the office prior to viewing the property especially if there is something that requires clarity and we will be happy to confirm with the vendors.
It is recommended that all the information provided is verified by an independent conveyancer. Photography is a representation of the property for visual purposes only.
Viewing - Strictly by appointment only with the appointed agents Inside Homes.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 39, Barracuda Rise, Southam
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