We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CV47 1BB
Listing removedListed 123 daysAuction 22 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** Ground floor apartment offered with vacant possession **** For Sale By Public Auction.
Situated within Southam town centre, this well presented one bedroom ground floor apartment offers an excellent opportunity for investors, first time buyers, or those seeking a convenient lock up and leave property.
Having previously been rented for a number of years, the property is well suited to buy to let investment.
This property briefly comprises; private reception hallway, kitchen with integrated electric oven and stove top.
Living room with neutral decor and carpet throughout, spacious double bedroom, bathroom with full suite including shower over bath.
The property benefits from double glazing throughout and electric heating.
Externally, there is a communal lawned area to the rear, along with non-restricted parking available directly to the front of the property.
Conveniently located in Southam, the property offers easy access to the M40 and is well served by public transport links, making it ideal for commuters.
Auction Details: Sheldon Bosley Knight Land and Property Auction Wednesday 22nd July 2026 at 6:00pm, doors open at 5.00pm.
Stratford-upon-Avon Town Hall Auction Terms - This property is offered for sale by traditional auction by SBK Sales Ltd, trading as SBK Auctions.
The property will, unless previously sold or withdrawn, be sold subject to the Special Conditions and General Conditions of Sale contained within the Auction Legal Pack.
The Auction Legal Pack will be available to download by registered bidders.
The sale will take place on the stated auction date by way of a live, in-room auction and the property is being sold on an unconditional basis with a fixed fee.
Some sellers may consider a pre-auction offer and the lot may be sold or withdrawn before the auction.
If the reserve price is met and the auctioneer's gavel falls, binding contracts of sale will be exchanged at that point.
Auction Deposit And Fees - The following deposits and non-refundable auctioneer’s fee apply.
These will need to be paid to the auctioneer on exchange of contracts: •10% deposit (subject to a minimum of £5,000) •Buyer’s Premium of £1,500 inc. VAT •Search pack of £336 inc.
VAT There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Legal Pack.
These additional costs will be payable to the seller’s solicitor on Completion. You must read the Legal Pack carefully before bidding.
Guide Price & Reserve Price - The guide price is an indication of the seller's current minimum acceptable sale price and is given to assist interested parties in deciding whether or not to pursue their interest.
The reserve price is the minimum price at which the seller has authorised the auctioneer to sell. The reserve price remains confidential between the seller and the auctioneer.
Where a guide price is shown as a range, the reserve price will be set within that range. Where a single figure guide price is shown, the reserve price will not be set more than 10% above that figure.
Both the guide price and reserve price can be subject to change at any time prior to the auction. Plans - Plans shown are for identification purposes only.
Services - The auctioneer understands that mains water, drainage and electricity are connected to the property, though these services have not been tested.
Buyers are advised to make their own enquiries to confirm the connected services. Directions - What3words///broadcast.juggler.tasty Tenure And Possession - The property is Leasehold.
The lease term is for 99-year lease from September 1986, meaning there are approximately 60 years unexpired.
The auctioneer understand the ground rent is £60 annually and service charge is £900 annually. The property is sold with vacant possession on completion.
Please refer to the Legal Pack for further details.
Bidder Registration And Auction Legal Pack - If you would like to register to bid, please visit: passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/ You can opt to bid in person, online, by telephone or by proxy.
The Auction Legal Pack for the lot you are interested in can be downloaded here: auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk All bidders must register before bidding, complete the required identity checks and be approved to bid.
Full details on how to register to bid, and a guide to buying at auction, can be found at: sbkauctions.co.uk Preferred Solicitors - If you would like details of our preferred solicitors, please contact the auction team and we can arrange for information to be sent to you.
Legal Documents & Additional Costs - It is essential that bidders check the legal documents prior to bidding and take professional advice.
The legal pack may include searches, title documents, Special Conditions of Sale, tenancy information, planning documents, notices, replies to enquiries and other documents relevant to the lot.
Special Conditions of Sale can contain additional costs, being costs over and above the price the lot is knocked down at, and bidders are deemed to be aware of any additional costs prior to bidding.
Bidders must rely on their own inspection of the legal pack and any professional advice they obtain before bidding. Viewings - All viewings are by appointment only through the Auction Department
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About Bridge Court, Banbury Road, Southam
Explore nearby
