7/8 Bedroom, Detached Farmhouse with outbuildings and 2.35 acres of land, Upton Lodge Farm, Stoke Road, Upton, Nuneaton, CV13 6BN
Overview
Hammer Price Homes are pleased to present for sale by online auction this 7/8 bedroom, detached farmhouse in Upton, Nuneaton with outbuildings and 2.35 acres of land. The sale is strictly open for cash buyers only.
Upton Lodge is a striking farmhouse, set over 3 floors and boasts period features and immense character throughout: To the ground floor, an entrance hall leading to 4 receptions rooms, a kitchen/dining room, pantry and downstairs shower room. To the first floor there is a landing leading to 5 bedrooms, a utility, shower room and separate bathroom. A further bedroom and inter-connecting double room can be found on the second floor.
Externally the property sits on a 2.35 acres plot. The plot includes a garage of approximately 200 m², a log cabin type summerhouse, timber and corrugated tin roofed barn in poor condition and derelict poultry shed alongside the drive to approach the house.
Buyers are to be aware that it is believed the Artex finishes throughout the property and main brick garage/barn are likely to contain asbestos in some concentrations in the mix. There may be further asbestos containing materials around the site and buyers are encouraged to make their own investigations post completion.
Please refer to the Land Registry Title Plan – LT132514 for the extent of the property boundary included in the sale, which is available for download from the Hammer Price Homes website. A green outline can be seen on the plan. The land inside the green line has now been removed from this title and is part of a separate title for property Upton Lodge Barn. The title plan for Upton Lodge Farm, Title Plan – LT132514, includes all land inside the red boundary line, excluding the land inside the green line.
A shared driveway with the adjoining Upton Lodge barns, leads off Stoke Road and provides access to the property.
Associated with the plot is an area of grazing land (not included in the sale) which extends down to the Stoke Road and runs alongside the shared driveway. The land extends to approximately 5.05 acres.
There is an opportunity for the winning bidder to purchase this land, title plan number LT134955 available for download from Hammer Price Homes website, at a cost of £75,000. This is an additional option and is not included in the sale of the property. There is no obligation for the winning bidder to purchase the additional land, this is offered as an option if they desire. Prospective buyers are to obtain their own independent legal advice and are to cover their own legal costs associated with the purchase of the land if they wish to proceed. Photographs of the additional land have been included in the listing entitled ‘Additional Land Sold Separately.’ Should the winning bidder wish to purchase the additional land this will be done via a buy it now auction and will be subject to the same completion timescales and reservation fee terms (60 days to complete and 3.6% of the eventual sale price including VAT).
Whilst the property has been mostly cleared, any remaining items, such as the Aga oven in the kitchen, will be left in the property and gardens. The buyer will be responsible for clearing the property and grounds, including the removal of the vegetation from the property, and disposing of all items post completion.
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 any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
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 set in an idyllic rural setting, yet only a few minutes’ drive from local amenities, the property is ideal for those looking for the epitome of country living. There is convenient access to the A5 trunk road from which access to junction 10 of the M42 and junction 1 of the M69 motorways is available. The historic town of Market Bosworth is within four miles and provides local shopping facilities. More comprehensive facilities can be found at Nuneaton and Hinckley approximately five miles distance. There is a main line railway station at Nuneaton with links to London Euston and enables access to Birmingham International airport and other local airports. Private schooling is available at Twycross House school and at Dixie Grammar school within Market Bosworth.
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, or for any information within the searches. The property is sold as seen.
60 days to complete.
Tenure
Tenure – Freehold – Land Registry documents, including Transfer dated 20th May 2004, are available for download from the Hammer Price Homes website.
Prospective buyers are to obtain their own independent legal advice in relation to the property prior to taking part in the auction.
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 – G
EPC Rating – G
Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Information Unknown
Source/s of heating: Boilers & Radiators, oil
Primary arrangement for Sewerage/Drainage: Due to the properties rural location, its is connected to a private foul and surface water drainage system, but there are no further details available (this is detailed in the Regulated Drainage & Water Search, which is available to download from the Hammer Price Homes website).
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.
Auction Details
** Strictly open for cash buyers only. 60 days to complete**
Auction ends – Wednesday 21st May 2025 at 1:00pm (Subject to anti-sniping).
Bidding Window Opens – Monday 19th May 2025 at 12:00pm (Bidding will not be possible until this time).
Starting price – £440,000 (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.