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See how verdicts work2-bedroom flat · CV34 6HF
Under offerListed 112 days
Opportunity summary
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About
This spacious, two-bedroom, top-floor apartment is set in a secure gated development adjacent to Warwick Racecourse, comprising: Entrance hall, two good bedrooms one with en-suite, open-plan living/dining/kitchen, principal bathroom, secure allocated parking spaces, walking distance from Warwick town centre.
EPC C. A lease extension is pending; once this is through, new lease details will be provided.
Location - Bread and Meat Close is an attractive gated development of executive-style apartments in a location convenient for Warwick Town Centre.
The development is gated and offers easy access to Warwick Racecourse. Communal Entrance - Security entry and post box.
Stairs rise to the second floor where only apartment 52 is located, Approach - Through solid entrance door into: Entrance Hall - Wood effect floor, wall-mounted electric heater, downlighters.
Built-in cloaks/storage cupboard which accommodates the hot water cylinder, wall mounted entryphone system.
Doors to: Living Room - 5.51m x 3.45m (18'0" x 11'3") - Matching floor, two wall-mounted electric heaters, wall lights, wide double-glazed splay bay window to front aspect.
Opening to: Fitted Kitchen - 3.45m x 2.20m (11'3" x 7'2") - Having a range of matching base and eye level units, complementary worktops, tiled splashbacks with inset single drainer sink unit with mixer tap and rinse bowl.
Built-in AEG electric oven with microwave over, AEG induction hob with an illuminated extractor unit over. Integrated fridge/freezer, washing machine and dishwasher.
Bedroom One - 3.95m x 3.12m (12'11" x 10'2") - Wall mounted electric panel heater, coving to ceiling, double glazed window.
Door to: En-Suite Shower - 2.00m x 1.88m (6'6" x 6'2") - White suite comprising WC, tiled shower enclosure with shower system, pedestal wash hand basin.
Tiled floor, shaver point, electric fan heater, extractor fan, and downlighters. Bedroom Two - 2.77m x 2.68m (9'1" x 8'9") - Electric panel heater and a double-glazed window.
Bathroom - 2.26m x 1.70m (7'4" x 5'6") - White suite comprising bath with mixer tap and shower attachment, WC, pedestal wash hand basin.
Complementary tiled splashbacks, tiled floor, chrome electric heated towel rail, downlighters, extractor fan and large vanity mirror.
Outside - Secure gated development with allocated parking space and communal landscaped seating area.
Tenure - The property is understood to be leasehold, although we have not inspected the relevant documentation to confirm this.
We have been informed that the property has a 150-year leasehold interest dating from circa 2005 and is subject to an annual ground rent of £250.
From 1st January 2026 to 30th June 2026, the service charge is currently £141.09 PCM. We would advise that this information be checked by your legal advisors.
Services - All mains services are understood to be connected with the exception of gas.
NB We have not tested the heating, domestic hot water system, kitchen appliances or other services and whilst believing them to be in satisfactory working order we cannot give warranties in these respects.
Interested parties are invited to make their own inquiries. Council Tax - The property is in Council Tax Band "C" - Warwick District Council. Postcode - CV34 6HF
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
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