The Corner House, Market Place
Shipston-on-Stour
Warwickshire
CV36 4AG
For Sale by Public Auction.
Ideal three-bedroom terraced investment property, ready to let with an approx. 10.2% yield (based on the auction guide price).
A three bedroom mid-terraced property offering well-proportioned and versatile living accommodation, situated in a popular residential location within Desborough, close to a range of local schools and amenities.
The property is considered to be in good lettable condition and is ready to be occupied, making it an attractive proposition for buy-to-let investors seeking a straightforward investment opportunity. Based on an anticipated rental income of approximately £975 per calendar month, the property could generate an annual rental income of £11,700, equating to an indicative gross rental yield of approximately 10.2% against the guide price of £115,000. These figures are subject to market conditions and prospective purchasers should satisfy themselves as to the achievable rental income.
The accommodation is arranged over two floors and comprises a lounge, dining room and kitchen to the ground floor, with three bedrooms and a family bathroom to the first floor. Externally, the property benefits from a front courtyard garden together with a generous rear garden, predominantly laid to lawn, providing useful outside space.
The property occupies a good residential position within Desborough, with local schools and amenities situated nearby. The location, combined with the property's three-bedroom accommodation and ready-to-let condition, makes it a suitable proposition for landlords seeking to add a residential property to their portfolio.
There may also be scope to extend the property, subject to obtaining the necessary planning permissions and consents, providing a potential opportunity for purchasers wishing to explore further enhancement of the accommodation.
Sheldon Bosley Knight Land and Property Auction
Wednesday 18th November 2026 at 6:00pm (doors open at 5:00pm)
Stratford-upon-Avon Town Hall, Sheep Street, Stratford-upon-Avon, Warwickshire, CV37 6EF
This property is offered for sale by traditional auction by SBK Sales Ltd, trading as SBK Auctions. The property will, unless previously sold or withdrawn, be sold subject to the Special Conditions and General Conditions of Sale contained within the Auction Legal Pack. The Auction Legal Pack will be available to download by registered bidders.
The sale will take place on the stated auction date by way of a live, in-room auction and the property is being sold on an unconditional basis with a fixed fee. Some sellers may consider a pre-auction offer and the lot may be sold or withdrawn before the auction.
If the reserve price is met and the auctioneer's gavel falls, binding contracts of sale will be exchanged at that point.
The following deposits and non-refundable auctioneer's fees apply and will need to be paid to the auctioneer on exchange of contracts:
•10% deposit, subject to a minimum of £5,000
•Buyer's Premium of £1,500 inc. VAT
•Search pack of £336 inc. VAT
There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Auction Legal Pack. These additional costs may be payable on completion. Buyers must read the Auction Legal Pack carefully and take professional advice before bidding.
The guide price is an indication of the seller's current minimum acceptable sale price and is given to assist interested parties in deciding whether or not to pursue their interest. The reserve price is the minimum price at which the seller has authorised the auctioneer to sell. The reserve price remains confidential between the seller and the auctioneer.
Where a guide price is shown as a range, the reserve price will be set within that range. Where a single figure guide price is shown, the reserve price will not be set more than 10% above that figure.
Both the guide price and reserve price can be subject to change at any time prior to the auction.
Plans shown are for identification purposes only.
The auctioneer understands that mains water, drainage, heating and electricity are connected to the property, though these services have not been tested. Buyers are advised to make their own enquiries to confirm the connected services.
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The property and land are freehold. Vacant possession will be given upon completion, which is normally 20 working days after the auction. Please refer to the Auction Legal Pack for further details.
If you would like to register to bid, please visit:
passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/
You can opt to bid in person, online, by telephone or by proxy.
The Auction Legal Pack for the lot you are interested in can be downloaded here:
auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk
All bidders must register before bidding, complete the required identity checks and be approved to bid.
Full details on how to register to bid, and a guide to buying at auction, can be found at:
sbkauctions.co.uk
If you would like details of our preferred solicitors, please contact the auction team and we can arrange for information to be sent to you.
It is essential that bidders check the legal documents prior to bidding and take professional advice. The legal pack may include searches, title documents, Special Conditions of Sale, tenancy information, planning documents, notices, replies to enquiries and other documents relevant to the lot.
Special Conditions of Sale can contain additional costs, being costs over and above the price the lot is knocked down at, and bidders are deemed to be aware of any additional costs prior to bidding.
Bidders must rely on their own inspection of the legal pack and any professional advice they obtain before bidding.
All viewings are by appointment only through the Auction Department.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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