2 Bedroom Bungalow, 8.44 acres of Land and Outbuildings at Little Ling, Newnham, Henley in Arden, B95 6DT
Overview
Hammer Price Homes are pleased to present for sale by online auction this fantastic development opportunity benefitting from a 2 bedroom bungalow in Newnham, Henley in Arden with approximately 8.44 acres of land and equestrian outbuildings. The sale is strictly open for cash buyers only.
Externally the property sits on a substantial plot covering approximately 8.44 acres of Greenbelt land. The site comprises of the prefabricated non-standard construction 2 bedroom bungalow, a collection of equestrian buildings and stables and substantial grazing/pasture land. Please refer to Land Registry Title Plan for the full extent of the property boundary.
The property itself is of prefabricated non-standard construction bungalow and briefly comprises: To the ground floor, an entrance porch, leading to a kitchen, lounge, 2 bedrooms, a bathroom and an attached lean-to structure. This lean-to structure has been added at a later stage and is unheated and is outside the thermal envelope of the house. However, it is built on hard standing and may have potential for development as an extension in the future.
The outbuildings consist of 7 stable buildings and 1 large barn/equestrian building on the site which appears to have been used as an indoor horse training/jumping facility. All of these buildings are in various states of wear/disrepair and it is believed a number of the buildings may contain asbestos cladding and roofing. A driveway and yard provides ample off road parking. Please see the sketched site map showing the approximate position of each building, its orientation and its floor area. Please note this is for illustrative purposes only and should not be relied upon for any exact measurements.
The drainage and water search is now complete and available for download from the Hammer Price Homes website. As you will see on the search, Severn Trent/ Water Plus couldn’t find an account through which the property is billed for fresh water/ waste water and surface water services and as such this has been noted as unconfirmed.
We understand that the water supply to the property (Little Ling) comes directly from a feed from the neighbouring property (Lower Ling House). The Water Bills are addressed to and paid by the owners of Lower Ling House, with the costs then split out on an informal basis between the two properties. The new buyer will need to work with the water provider (believed to be Severn Trent) in order to put in their own meter and water mains feed directly to Little Ling, post completion. The new buyer should not assume that any informal arrangement will continue post completion.
Due to the properties location, it is assumed it is connected to a private drainage system for waste water and surface water services but there are no further details available.
The winning bidder will need to make their own enquiries into the water supply and drainage system for the property, post completion.
As will be evident at the open days and on the photography, you will see that some items remain at the property. Please be aware that the vendors intend to remove all items in the property prior to completion. These items will therefore not be included as part of the sale.
The property requires full renovation throughout, and this sale is strictly open for cash buyers only due to the condition, we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property (including anything of a structural nature), for anything relating to the non-standard construction type, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen. Any planning applications should be made post completion.
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.
Location
The property is situated in Greenbelt designated land on the edge of the small peaceful village of Newnham, midway between Stratford-upon-Avon and Henley-in-Arden in the delightful Warwickshire countryside.
Facilities for day-to-day requirements can be found in Henley-in-Arden, an attractive market town with a good range of shopping and recreational facilities, including doctor’s surgery, veterinary surgery, fine parish church, public houses, restaurants, and primary and secondary schools. There are further state, grammar and private schools in the area to suit most requirements, including Warwick Boys School, Stratford Boys and Girls Grammar Schools and the Croft Prep School close by.
The property is well located for access to the motorway network, with the M40, M42 and M5 easily accessible. Warwick Parkway Station provides access to London Marylebone to the south and Birmingham to the north.
Special Conditions
This sale is strictly open for cash buyers only as due to the condition the property, we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property (including anything of a structural nature), for any issues in financing the purchase, lack of information about the utilities, for anything relating to the non-standard construction type or for any information within the searches, including the set up of the water supply and drainage. The property is sold as seen. Any planning applications should be made post completion.
60 days to complete.
Tenure
Tenure – Freehold – Land Registry documents, including Conveyance documents dated 25th November 1977, 30th November 1963 and 10th February 1967 are available for download from the Hammer Price Homes website.
Other information
The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.
Council Tax Band – A
EPC Rating – G
Utilities:
Primary source of Water Supply: Neighbouring property, please see ‘Searches’ section for further information
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Information Unknown
Source/s of heating: Boilers & Radiators, coal
Primary arrangement for Sewerage/Drainage: Due to the properties location, it is assumed it is connected to a private drainage system but there are no further details available.
Searches
Searches have been ordered and will be made available for download from the Hammer Price Homes website prior to the bidding taking place. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.
The drainage and water search is now complete and available for download from the Hammer Price Homes website. As you will see on the search, Severn Trent/ Water Plus couldn’t find an account through which the property is billed for fresh water/ waste water and surface water services and as such this has been noted as unconfirmed.
We understand that the water supply to the property (Little Ling) comes directly from a feed from the neighbouring property (Lower Ling House). The Water Bills are addressed to and paid by the owners of Lower Ling House, with the costs then split out on an informal basis between the two properties. The new buyer will need to work with the water provider (believed to be Severn Trent) in order to put in their own meter and water mains feed directly to Little Ling, post completion. The new buyer should not assume that any informal arrangement will continue post completion.
Due to the properties location, it is assumed it is connected to a private drainage system for waste water and surface water services but there are no further details available.
The winning bidder will need to make their own enquiries into the water supply and drainage system for the property, post completion.
Auction Details
** Strictly open for cash buyers only. 60 days to complete**
Auction ends – Wednesday 16th April at 1:00pm (Subject to anti-sniping).
Bidding Window Opens – Monday 14th April 2025 at 12:00pm (Bidding will not be possible until this time).
Starting price – £288,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)
Fees
All fees are payable by bank transfer only (we do not take card payments).
Reservation Fee – Please note that there is a Reservation Fee (3.6% of the eventual sale price, Including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.
Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.
Viewings
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.
Proof & Source of funds
In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements). It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers FAQ’s for further information.
Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.
How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.
This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.
