16 Stourhead Road, Rugby CV22 7BF

This property remains available and open to offers following the auction on 25 May 2023.
Please contact the auctioneers on for further details.

A one bedroom apartment within a purpose-built block in Rugby.

Situated less than one mile outside of Rugby Town Centre within a popular area is this one bedroom apartment. All necessary amenities and services can be found nearby including shopping facilities and transport links. There are a number ofv gym and leisure facilities nearby and outdoor spaces within easy reach. The local post office and pharmacy are close by and the Hospital of St Cross is just over a mile away. Transport links include good road links with A426 nearby, regular bus services and train services operate from Rugby Station. The property itself is in good condition throughout, benefitting from a secure entry system and gas central heating/double glazing. There is also a communal car park.

The vendor has advised that the property is currently let on 6 month AST for £725 per calendar month. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Hallway -
Lounge area - 14ft9 max x 12ft11
Kitchen Area - 12ft11 x 9ft
Bedroom - 12ft8 max, 10ft1 min x 10ft10 max
Bathroom -
Note Please be advised that he auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Leasehold Information Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure: Leasehold

EPC Rating: C

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).

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

All sales are subject to SDL Property Auctions’ Buyers Terms.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

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.