2-bedroom flat · CV8 2FX
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor two bedroom apartment offered for sale with no onward chain.
This well-proportioned second floor apartment is conveniently situated on Albion Street, within easy reach of Kenilworth Town Centre, Abbey Fields and Old Town Kenilworth.
The accommodation benefits from gas central heating and uPVC windows and comprises a communal entrance with security intercom, private entrance hallway, fitted kitchen with appliances included and a lounge featuring a fireplace.
An inner hallway leads to two double bedrooms and a fully tiled bathroom. A small parade of shops on Albion Street is just a short walk from the property, adding to the convenience of the location.
An ideal opportunity for first-time buyers, investors or those seeking a conveniently located apartment.
Communal Hallway - With security access and stairs to the first floor landing and entrance to the apartment.
Hallway - Entered through a uPVC door and having a window to the fore, twin cupboards and a radiator.
Intercom and doors off to Fitted Kitchen - 3.35m x 2.37m (10'11" x 7'9" ) - Fitted with a range of white wall and base units.
The base units have a stone effect counter with an inset composite sink with mixer taps set beneath the window to the fore. Tiled splashbacks and built in over hob and extractor.
Appliances include a dishwasher, undercounter fridge and freezer and a washing machine. Pantry.
Lounge - 3.98m x 5.17m (13'0" x 16'11" ) - Window to the rear, radiator and a focal point provided an Adams style fireplace with tiled hearth. Dado rail and door into the inner hallway.
Inner Hallway - Airing cupboard and doors off to Bedroom One - 2.94m x 4.40m (9'7" x 14'5" ) - Window to the rear, radiator and a bank of sliding wardrobes.
Bathroom - 1.73m x 2.34m (5'8" x 7'8" ) - Fitted with a white suite that comprises a P shaped bath with a thermostatic shower, pedestal wash hand basin and a close coupled wc.
Tiled to full height and floor. Radiator and frosted window. Bedroom Two - 4.25m x 2.95m (13'11" x 9'8" ) - Window to the fore with a radiator beneath and fitted wardrobes to one wall.
Leasehold Information - The property is held on a 125 year lease with a remaining balance of 86 years.
The annual ground rent is £10 and the management charge is £1,020 per annum payable to Warwick District Council.
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 Albion Street, Kenilworth
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