3-bedroom house · CV33 8AG
For saleListed 70 days
Opportunity summary
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About
Summary open house - Saturday 22nd August 13:00 - 14:00, contact us for details.
** open day 22nd August ** mid terrace home ** three bedrooms ** allocated parking space ** built in 2022 ** lounge diner ** downstairs cloakroom ** popular location ** energy rating B ** no onward chain ** description This modern three-bedroom mid-terrace home is situated within the highly sought-after village of Upper Lighthorne.
Built in 2022, the property provides well-presented accommodation throughout and is ideal for first-time buyers looking to step onto the property ladder.
To the front of the property, there are two allocated parking spaces together with an electric vehicle charging point.
The front door opens into a welcoming entrance hallway, with stairs rising to the first floor.
The kitchen/breakfast room is positioned to the front of the property, offering a practical and attractive space for everyday living.
To the rear, there is a spacious cloakroom which also houses the washing machine to the back a spacious lounge/dining room enjoys views over the garden and provides ample room for both relaxing and entertaining.
The first-floor accommodation comprises three bedrooms and a family bathroom, providing flexible living space for couples, families or those working from home.
Externally, the rear garden is mainly laid to lawn, enclosed by timber fence panel boundaries, and benefits from a rear access gate.
This fantastic modern home combines contemporary living with an excellent village location and is offered to the market with no onward chain, making it an attractive opportunity for prospective buyers.
Approach Having a bloc paved allocated parking space for two cars, EV charging point and a pathway leading to the front door.
Entrance Hallway Welcoming entrance hallway with stairs rising to the first floor, a built-in storage cupboard, a radiator and doors to the downstairs cloakroom, lounge and kitchen.
Kitchen Fitted with wall and base units with complementary work surfaces over and tiling to the splash back areas, incorporating a sink and drainer unit.
There is an integrated electric oven, gas hob with cooker hood over and a dishwasher, whilst providing space for a fridge/freezer.
Housing the gas central heating boiler and comprising ceiling spotlights and a double glazed window to front elevation.
Downstairs Cloakroom Fitted with a wash hand basin, low level W/C, a radiator and an extractor fan. Providing space for a washing machine.
Lounge Bright and airy lounge consisting of a television point, a radiator and French doors leading to the garden. First Floor Landing The stairs lead from the hallway.
There is an airing cupboard, access to the loft via hatch, a radiator and doors to all bedrooms and the family bathroom.
Bedroom One Double bedroom benefitting from a built-in wardrobe, a radiator and two double glazed windows to front elevation.
Bedroom Two Double bedroom having a radiator and a double glazed window to front elevation.
Bedroom Three Double bedroom with a built-in storage cupboard, a radiator and a double glazed window to rear elevation.
Bathroom Three piece suite fitted with a wash hand basin, bath with shower over and a low level W/C. Having partly tiled walls and a radiator.
Outside Rear Garden Good size garden being mainly laid to lawn and fence enclosed, with a patio area and a shed. Driveway Driveway providing off road parking for two cars.
Staircasing Sage Homes have advised that they would be prepared to staircase a transaction to 100% Freehold ownership on completion.
This would mean that any potential purchaser would buy the vendors 25% share and the remaining 75% share of the property from Sage Homes to enable the Freehold purchase on completion.
The advertised price is for the 100% Freehold, service charges may apply.
Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending ability.
Buyer Aml Fee Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their 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.
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About 16, Stephens Place, Leamington Spa
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