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See how verdicts work1-bedroom flat · CV32 4BL
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive and spacious second floor apartment situated in this attractive, recently converted period building.
Located right in the heart of the town centre, this larger than everage one bedroom apartment offers light and airy, highly appointed accommodation.
The property offers spacious and stylish living, with attractive communal spaces and high ceilings.
Of particular note is the spacious, sociable open plan living/dining/kitchen area, featuring integrated units. The apartment also benefits from a double bedroom with adjacent dressing room/study area.
Briefly Comprising: - Communal entrance portico giving access to communal entrance hallway and staircases rises to second floor landing.
Private hallway with airing cupboard, spacious open plan living/dining/kitchen with integrated appliances. Double bedroom with adjacent semi open plan dressing/study area.
Well appointed white bathroom. Electric heating. NO CHAIN. The Property - Is approached via steps up to the impressive entrance portico from Parade.
Communal Entrance Hallway - With staircase rising to second floor landings, in turn leading to private entrance hallway.
Private Entrance Hallway - With coved cornicing, downlighter points, wood finish flooring, antique brass style fitments and switch gear throughout, entry phone point, door to airing cupboard with Ideal heating insulated hot water cylinder.
Open Plan Living/Dining/Kitchen - 22'10" x 17'6" in kitchen area reducing to 13'2" in living area A most impressive room with high ceilings, coved cornicing, two feature sash windows to front elevation overlooking Parade with secondary glazed units behind.
Living Area - With electric heaters and wood flooring.
Dining/Kitchen Area - With a range of dark blue wall and base units with solid working surface and upstands over, with splashbacks to both the sink and hob spaces.
Underslung Belfast sink with brass mixer tap. Inset four point Neff electric Ceran hob with Neff oven below and concealed filter hood over.
Concealed fridge freezer, concealed dishwasher and light points to kitchen area and working surface extending into breakfast bar providing sociable dining seating.
Bedroom - 3.96m x 2.64m (13' x 8'8") - With feature timber framed sash window to rear elevation, coved cornicing, electric heater, brushed antique brass switches and sockets.
Sliding part glazed door to adjacent...
Dressing Room/Study Area - 3.10m x 1.80m (10'2" x 5'11" ) - With timber frame multi pane sash window to rear elevation, downlighter points to ceiling, electric heater, brushed antique brass switches and sockets.
Bathroom - Attractively fitted with a period style suite to comprise; low level WC, wash hand basin with antique style brass taps set into vanity unit, bath with antique style mixer tap with telephone style shower attachment over, with aditional wall mounted shower and fixed rainwater shower head, large format marble effect tiles to all walls and floor.
Extractor, downlighter points to ceiling. Electric period style radiator towel rail. Mobile Phone Coverage - Good outdoor and in home signal is available in the area.
We advise you to check with your provider. (Checked on Ofcom 2026). Broadband Availability - Standard/Superfast Broadband Speed is available in the area.
We advise you to check with your current provider. (Checked on Ofcom 2026).
Rights Of Way & Covenants - The property is sold subject to and with the benefit of, any rights of way, easements, wayleaves, covenants or restrictions etc, as may exist over the same whether mentioned herein or not.
Tenure - The property is understood to be leasehold although we have not inspected the relevant documentation to confirm this.
We understand there to be a 999 year lease (01/01/2022), with 995 years remaining, being with a share of the freehold, service charge is £2,210.30 and ground rent is £0.
Please verify this information with your legal advisers. Further details upon request. Services - All mains services are understood to be connected to the property with the exception of gas.
NB We have not tested the central heating, domestic hot water system, kitchen appliances or other services and whilst believing them to be in satisfactory working order we cannot give any warranties in these respects.
Interested parties are invited to make their own enquiries. Council Tax - Council Tax Band C. Location - Second Floor CV32 4BL
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Parade, Leamington Spa
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