An attractive opportunity to acquire a Grade II Listed residential building comprising three self-contained one-bedroom apartments. The property occupies a prominent position on the High Street and benefits from strong rental demand in this desirable residential location. When fully let, based on the current and previously achieved rents, the property would generate a gross rental income of approximately £27,120 per annum. The auctioneers have been advised that Flat 1 is currently vacant and that the rental income and yield figures quoted are based on 100% occupancy, assuming Flat 1 is re-let at its previous rent of £735 per calendar month.
The property currently produces a passing rent of £18,300 per annum from Flats 2 and 3, with the opportunity to increase income through the re-letting of Flat 1.
Accommodation:
Flat 1 – One-bedroom apartment, currently vacant. Previously let at £735 per calendar month, equivalent to £8,820 per annum.
Flat 2 – One-bedroom apartment, currently let at £750 per calendar month, equivalent to £9,000 per annum.
Flat 3 – One-bedroom apartment, currently let at £775 per calendar month, equivalent to £9,300 per annum.
Location: Cubbington is a desirable residential village, offering a range of local amenities including shops, public houses, schools and recreational facilities. The property is conveniently situated for access to Leamington Spa town centre, Warwick, Kenilworth and major road networks including the A46, M40 and M69.
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
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.