1-bedroom flat · CV8 2GW
Listing removedListed 226 days
Opportunity summary
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About
A freshly redecorated and deceptively spacious first-floor apartment located in a purpose-built block with a security entrance leading to an attractive communal reception area.
The front door opens into an L-shaped hall that leads to a double bedroom with built-in wardrobes.
The open-plan living/dining room features a fully fitted kitchen with appliances, and there's a white bathroom that includes an over-bath shower.
The apartment benefits from gas central heating, PVCu double glazing, and a communal low-maintenance garden.
It comes with a designated parking space and a low maintenance charge of £50 per calendar month, along with a new 999-year lease in place for the new owner.
This attractive apartment would be ideal as a buy-to-let investment with a projected rental income of £895 per calendar month, or it is suitable for a first-time buyer.
It is situated in a sought-after residential area in Old Kenilworth, within walking distance to the town centre, Abbey Fields, and Kenilworth Castle.
Approach - Security entry system with a large double-glazed front door featuring opaque glazing. This leads into a spacious, carpeted communal hallway with stairs to the first floor.
Additional features include timed lighting, a delivery letterbox, and a contemporary-style front door with a brushed steel handle and spy hole, leading into Reception Hall - L-shaped reception hall equipped with a smoke alarm, coat hooks, entry telephone receiver with door release, wall-mounted electric isolation unit, ceiling light, and a digital temperature control clock for the central heating.
Open Plan Liuving/Dining Room - With double-glazed windows, a radiator, a range of LED downlights, a TV point, and an opening to the Kitchen Area - The kitchen is fully equipped with a range of beech fronted base and wall units, fitted drawers, and rounded edge work surfaces.
It includes an integrated washing machine, a four-ring gas hob with an electric oven below, and a single drainer stainless steel sink unit.
There are ceramic tiled splashbacks, an integrated fridge, and space for an under-counter freezer.
A cupboard conceals the Worcester Bosch combination boiler that services both hot water and central heating. Additionally, there is a double-glazed window on the side and vinyl flooring.
Double Bedroom - The double-glazed window overlooks the communal grounds and features a radiator, a built-in double wardrobe with hanging space and a shelf, as well as a ceiling light.
Bathroom - With a three-piece white suite that includes a low-level W.C., a pedestal wash hand basin, and a panelled bath with a shower over and a fitted shower screen.
The room features ceramic tiling, a double-glazed window to the side, a wall-mounted mirror, a heated chrome towel rail, an extractor fan, and vinyl flooring.
Outside - The property includes a designated parking space at the rear, enclosed by a retaining wall. Tenure - The property is leasehold. and is held on a 999-year lease from 1 November 2007.
Services - All mains services are connected; Mobile coverage EE Vodafone Three O2 Broadband Basic 15 Mbps Superfast 184 Mbps Ultrafast 1800 Mbps Satellite / Fibre TV Availability BT Sky Virgin Fixtures & Fittings - All fittings and fixtures as mentioned in our sales particulars are included; all others are expressly excluded.
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
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FAQ
About School Lane, Kenilworth
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