Auction
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The Guy's Cliff Penthouse, 21 Guys Cliffe Avenue, Leamington Spa, CV32 6LZ

  • Auction
  • Lot 11
  • United Kingdom
  • House
  • Residential

Sold

Property Summary

  • By order of the joint LPA Receivers
  • Recently constructed residential block of 6 luxury apartments 
  • With dedicated basement parking
  • Desirable location near Leamington Spa town centre
  • VACANT POSSESSION

Contact Us

Mat Harris
Mat Harris
Property Agent, here to help.
Eleri Roebuck
Vendor's Solicitor

Contact Us

Mat Harris
Mat Harris
Property Agent, here to help.
Eleri Roebuck
Vendor's Solicitor

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Property description

A two bedroom penthouse apartment forming part of a development of six recently built apartments and a town house, with secure underground car parking (minimum two spaces per dwelling). 

The Guy’s Cliffe Penthouse is a characterful light filled two bedroom luxury apartment with far reaching views. Reached by a spectacular glass lift from the secure basement garage, the penthouse is a design statement, yet has all the comforts of home. The property has a large balcony and state of the art renewable energy Ground Source Heating. It also has Mechanical Ventilation and Heat Recovery (MVHR) for heating and cooling filtered air. The penthouse comes with two allocated parking spaces, in a secure basement garage, an electric charging point and large private store. The drive is heated.

Location

Leamington Spa lies about 38 miles south east of Birmingham, 47 miles north of Oxford, 41 miles north east of the Cotswolds and about 95 miles north west of London. The town is bound by the M40 motorway to the south, A46 to the west and north and the A423 to the east. Junction 15 of the M40 motorway is 6 miles south-west of the town, providing access north to the M42 motorway and Birmingham, and south towards London. Leamington Spa is the nearest railway station, providing links to London Marylebone. Coventry Airport is approximately 9 miles away and the Birmingham International Airport about 16 miles.

The Property is situated on Guys Cliffe Avenue at its junction with Coniston Road, a mature tree lined avenue on the northern fringe of the town centre. The immediate surrounding area of the property is predominantly residential, although other nearby properties include local schools, Emmanuel Evangelical Church, St Mark’s Church, local convenience stores including a nearby Asda on Rugby Road and Leamington Lawn Tennis and Squash Club on Guys Cliffe Avenue. 

Tenancy

Please refer to legal documents

Planning

Warwick District Council (01926 456536) www.warwickdc.gov.uk

Tenure

Leasehold -  a term of 999 years from and including 1st January 2020 to and including 31st December 3018. Ground rent one peppercorn (if demanded). The Tenant’s proportion for the service charge shall be a fixed sum of £1,250 per annum for the period up to 31 December 2024. - refer to the legal pack.

Additional Details

The Guy's Cliffe PenthouseSQ MSQ FT
Second floor 2 bedroom1311,411
TOTAL1311,411

Measurements provided by the vendor.

VAT

Please refer to Legal Documents

Energy Performance Indicator

Please refer to Legal Documents

Helpful links

*Terms & Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,295 (inclusive of VAT) for all properties up to £49,999, and £2,400 (inclusive of VAT) for all properties £50,000 and above charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,795 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All Lots sold “Subject to Vendor Confirmation” will be subject to acceptance and confirmation by the Vendor. The highest bid will be presented to the Vendor, the Vendor will have to either accept, decline or make a counteroffer, within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising of the offer the Vendor is willing to accept. The Highest Bidder will be obliged to accept or reject the Vendor's counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.
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