Modern Method of Auction
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See how verdicts work2-bedroom terraced house · CV47 2UH
For saleReduced £5k (−2.9%) on 16 OctListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-presented two-bedroom mid-terrace property offered for sale with no onward chain.
Featuring a spacious open plan lounge/diner, modern kitchen, separate utility room, two double bedrooms with built-in wardrobes, family bathroom, landscaped rear garden with decking area, and a driveway.
Description Situated in the popular residential location of Temple Herdewyke, this two-bedroom mid-terrace home offers spacious and versatile accommodation as well as ample storage space, making it an ideal purchase for first-time buyers, downsizers, or investors alike.
Offered for sale with no onward chain, the property is ready for its next owners to move straight in and make it their own.
The ground floor features a generous open plan lounge/diner, creating a bright and sociable living space with ample room for both relaxing and entertaining.
The modern fitted kitchen offers a range of contemporary units and work surfaces, while a separate utility room provides valuable additional storage and laundry space.
To the first floor, there are two well-proportioned double bedrooms, both offering comfortable accommodation and benefitting from built-in wardrobes, together with a family bathroom with a separate W/C.
Externally, the property benefits from a good-sized landscaped rear garden, predominantly laid to lawn and complemented by a decking/seating area, providing the perfect space for outdoor dining, entertaining, or enjoying the warmer months.
To the front, a driveway provides convenient off-road parking. The property benefits from a new clean age electric heating system which was fitted in 2020.
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Location Lindsay Walk is situated in the popular village location of Temple Herdewyke positioned between Gaydon, Kineton and Lighthorne, offering excellent access to local amenities and major employment hubs including Jaguar Land Rover and Kineton Military Barracks.
The village benefits from a well-regarded primary school and nursery, both falling within the Warwickshire Local Authority catchment area, and is conveniently situated just off the B4100 connecting Warwick and Banbury.
The property enjoys a well-connected setting with easy access to the nearby towns of Southam, Leamington Spa, Warwick and Banbury, all of which provide an extensive range of shopping, leisure and everyday amenities.
Commuters are well served by excellent transport links, including the M40 motorway and mainline rail services from Leamington Spa, Coventry, Rugby and Banbury, offering direct routes into London.
The nearby market town of Southam offers a variety of supermarkets, a Post Office, library, primary schools and the highly regarded Southam College, together with a selection of cafés, restaurants and traditional public houses.
Entrance Hallway Welcoming entrance hall with stairs rising to the first floor and under stairs storage space. With doors to the lounge/dining room and the kitchen.
Kitchen Fitted with wall and base units with complementary work surfaces over and tiling to the splash back areas, incorporating a sink and drainer unit.
Having an integrated electric oven and an electric hob with cooker hood over, whilst providing space for a dishwasher and a washing machine.
With an electric radiator, a double glazed window to front elevation and a door to the utility room.
Utility Room Fitted with wall and base units with complementary work surfaces over and tiling to the splash back areas.
Providing space for a tumble dryer, an under counter fridge and a fridge/freezer. With a door leading to the garden.
Lounge/Diner Spacious lounge/diner consisting of an electric fire place, an electric radiator and a double glazed window to rear elevation. First Floor Landing The stairs lead from the hallway.
There are two built-in storage cupboards and doors to both bedrooms and the family bathroom.
Bedroom One Double bedroom benefitting from a built-in wardrobes, an electric radiator and a double glazed window to rear elevation.
Bedroom Two Double bedroom benefitting from a built-in wardrobes, an electric radiator and a double glazed window to rear elevation.
Bathroom Two piece suite fitted with a wash hand basin, bath with electric shower over. With a double glazed window to front elevation and an electric radiator.
Separate W/C With a low level W/c and a double glazed window to front elevation.
Outside Rear Garden A good-sized landscaped rear garden, predominantly laid to lawn and complemented by a decking/seating area. Parking Driveway providing off road parking. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 2, Lindsay Walk, Southam
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