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    Key features

    • To be offered on Wednesday 5 November
    • A set of four terraced cottages
    • Located in Warwickshire.
    • All cottages are currently let on Assured Shorthold Tenancy (AST) agreements.
    • Approximate gross internal floor area 2,936 sq ft
    • Site area of 0.308 hectare (0.76 acres)
    • Cottages are currently let on Assured Shorthold Tenancy (AST) agreements.
    • Producing a total income of £34,800 p.a.

    Description

    1-4 Greenlands Cottages is an attractive investment opportunity to acquire a set of four terraced cottages, near the villages of Ashorne and Moreton Morrell, in Warwickshire.

    The cottages briefly comprise one reception room, two bedrooms and one bathroom, and are all currently let on Assured Shorthold Tenancy (AST) agreements.

    All the cottages benefit from a rural setting, with views over farmland and countryside beyond. The cottages have a shared parking area with ample space for several cars, and an established, mature garden to the rear which is shared and enjoyed by the residents.

    1 Greenlands Cottages: An end of terrace cottage which benefits from a side access and entrance hall, leading into a sitting room with open fireplace and large window. The kitchen has fitted units (white goods not included), small cupboard/pantry, and space for a dining/breakfast table and pleasant view over the rear garden. Upstairs, are two double bedrooms (one with an open fireplace) and bathroom, complete with bath and overhead shower, and airing cupboard.

    2 Greenlands Cottages: A mid- terrace cottage with front door, leading to the stairs and opening onto a sitting room with open fireplace and large window. The kitchen has fitted units (white goods not included), small cupboard/pantry, and space for a dining/breakfast table with a pleasant view over the rear garden. Upstairs, are two double bedrooms (one with an open fireplace) and bathroom complete with bath and overhead shower, and airing cupboard.

    3 Greenlands Cottages: A mid- terrace cottage with front door, leading to the stairs and opening onto sitting room with open fireplace and large window. The kitchen has fitted units (white goods not included), small cupboard/pantry, and space for a dining/breakfast table with a pleasant view over the rear garden. Upstairs, are two double bedrooms (one with an open fireplace) and bathroom complete with bath and overhead shower, and airing cupboard.

    4 Greenlands Cottages: An end of terrace cottage which benefits from a side access and entrance hall, leading into a sitting room with open fireplaces and large window. The kitchen has fitted units (white goods not included) with space for a dining/breakfast table and pleasant view over the rear garden. There is also a useful pantry/utility room off the kitchen. Upstairs, are two double bedrooms (one with an open fireplace) and bathroom complete with bath and overhead shower, and airing cupboard.

    Additional information

    Tenure

    Freehold

    Tenancy

    No.1 Greenlands Cottages - £850.00 pcm - £10,200 p.a.

    No.2 Greenlands Cottages - £700.00 pcm - £8,400 p.a.

    No.3 Greenlands Cottages - £700.00 pcm - £8,400 p.a.

    No.4 Greenlands Cottages - £650.00 pcm - £7,800 p.a.

    Rent

    £34,800 p.a.

    Notes

    Joint Agent

    Grace Gardiner 

    Rural Surveyor

    Savills

    Tel: +441295228025

    Mobile: +447816184103

    Email: grace.gardiner@savills.com


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      Accommodation / Tenancy Schedule

      Local information

      1-4 Greenlands Cottages are situated between the villages of Moreton Morrell and Ashorne in Warwickshire.

      Nestled between the market towns of Stratford-upon-Avon and Leamington Spa, Moreton Morrell is a pretty rural village, within easy access of the M40. The village has a primary school, public house, church, village hall and tennis club.

      Local amenities can be found in the nearby villages of Wellesbourne and Kineton, and the popular market towns of Stratford-upon-Avon, Warwick, Leamington Spa and Shipston-on-Stour provide for more extensive shopping facilities.

      Communication is excellent, with main line railway stations at Warwick and Warwick Parkway (London Marylebone from 92 minutes, trains to Birmingham from 26 minutes), as well as Banbury (London Marylebone 64 minutes) and the M40 (J12 to the south and J13 to the north). Birmingham International Airport is about 25 miles (all distances and times are approximate).

      There is a wide range of nearby state and private schooling including, Warwick Preparatory School, The Croft (Stratford-upon-Avon), Arnold Lodge (Leamington Spa), Kineton School, The Kingsley School (Leamington Spa), Warwick School and Kings High (Warwick), Stratford-upon-Avon School, King Edward’s Grammar School (Stratford) and Stratford Girls’ Grammar School.

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      EPC rating

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      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums