2-bedroom flat · CV34 6NF
Listing removedReduced £5k (−2.7%) on 21 JunListed 255 days
Opportunity summary
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About
Beautiful Garden Apartment With Views Located Off Myton Road & By The Bus Stop - This purpose built ground floor apartment available exclusively for over 55's is located within a block of only four apartments with immaculately presented communal areas and gardens, and briefly comprises; communal entrance, large square living dining room with double doors opening into the spacious refittted kitchen and UPVC doors opening out to the garden, inner hallway, two double bedrooms and a refitted shower room.
Externally is an immaculately presented rear garden with an elevated private outlook towards the River Avon accessed via the side or through the double doors from the living room.
Allocated parking is provided for one car with further visitors spaces. Access to bus stops at the end of the road towards Leamington Spa or Warwick and access to St.
Nicholas Park within quick walking distance. Warwick town centre is less than one mile away as is Warwick Train Station with direct trains to London and Birmingham.
Living Room (5.7m x 4.5m) Feature electric fireplace with wooden surround.
Radiator, doors to bedrooms, squared archway into the kitchen, double glazed uPVC doors opening onto private patio area in the communal gardens, and three ceiling lights.
Kitchen (2.7m x 2.8m) Fitted with a range of wall and base units in a cream finish with square edged wood effect wok surfaces over, incorporating one and half bowl stainless steel sink and drainer and four ring gas hob with extractor hood over.
Integrated electric oven and fridge freezer. Space and plumbing for washing machine. Tiled flooring, tiled splash back, double glazed uPVC window to the front and recessed lighting.
Hallway (0.8m x 2m) Doors to bedrooms, bathroom & storage cupboard. Smoke alarm and a ceiling light. Bedroom One (2.6m x 2.8m) Double bedroom.
Radiator, door to storage cupboard, double glazed uPVC window to the front and a ceiling light. Bedroom Two (2.6m x 2.8m) Double bedroom.
Radiator, double glazed uPVC window to the rear and a ceiling light.
Bathroom (2m x 1.9m) Fitted with a three piece suite comprising low level flush WC, wall mounted hand wash basin with vanity under storage cupboard and double shower enclosure with thermostatic shower over.
Tiled flooring, partly tiled walls, partially obscured double glazed uPVC window to the side, chrome heated towel rail, extractor fan and a ceiling light.
External The property comes with a private patio area that looks onto the communal gardens and with elevated views beyond over the River Avon.
We understand the property comes with one allocated parking space located immediately in front of the property and with level access Additional Comments We are advised there are 64 years and 7 months remaining on the lease.
Service Charge of £102.77 per month Ground Rent is tbc This is for information purposes only and must be verified by a solicitor.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 22, Holioake Drive, Warwick
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