PROPERTY SUMMARY FOR SALE VIA ONLINE AUCTION - Terms and conditions apply. A rare opportunity to acquire a detached, two-storey brick-built dwelling offering significant development potential STPP

The property benefits from double-door garage access and a mains electricity connection, making it ideal for use as a workshop, storage facility, or potential conversion to residential accommodation.

Perfectly positioned for convenient access to both Rugby town centre and Rugby train station, this property presents an exciting opportunity for developers, investors, or those seeking a unique project.

Viewing is highly recommended and strictly by appointment only through Edward Knight Estate Agents, Regent Street office.

ONLINE AUCTION - https://www.pattinson.co.uk/property?id=490215

LOCATION The property is situated on Alexandra Road, a highly sought-after location in Rugby, particularly popular for its charming Victorian townhouses. Ideally positioned, it is within walking distance of Rugby Railway Station, the town centre, Caldecott Park, sports facilities, and a range of other local amenities.

Rugby town centre offers a mix of high street and independent retailers, along with a variety of bistros, restaurants, and coffee shops.

The property is also ideally located for excellent schooling. Lawrence Sheriff Grammar School for Boys and the world-renowned Rugby School are both within a ten-minute walk. Rugby High School for Girls, along with a selection of well-regarded state and independent schools, are also just a short drive away.

Rugby benefits from excellent transport links. The property is just a ten-minute walk from Rugby Railway Station, offering direct services to London Euston in approximately 50 minutes. The town is also well-connected by road, with easy access to the M45, M1, M6, and M40 motorways, providing convenient travel to nearby towns and cities including Birmingham, Coventry, Leamington Spa, and Northampton.

AUCTIONEERS COMMENTS 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.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.