4-bedroom detached house · CV32 6EE
Sold STCListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a striking position on the corner of Highfield Terrace and Rugby Road, the property showcases many attractive Victorian architectural features, including tall ceilings, generous room proportions and elegant sash-style windows, all combining to create a building of considerable character and presence.
Previously utilised as office accommodation, the property is arranged across basement, ground, first and second floors, offering highly flexible internal space with excellent scope for reconfiguration and enhancement.
The ground floor provides a series of substantial reception rooms, ideally suited to future kitchen, dining and family living accommodation, with large windows allowing natural light to flood throughout the principal rooms.
A separate front suite, currently independently accessed from Rugby Road, offers further versatility and could lend itself to a self-contained annex, home office or additional reception accommodation depending on a purchaser’s requirements.
A staircase rises through the centre of the building to the upper floors, where a number of well-proportioned rooms would readily convert into spacious bedrooms, dressing rooms, studies or further reception space.
The first floor offers particularly impressive proportions, while the upper floor provides additional versatile accommodation ideal for guest bedrooms, home working or ancillary living.
The basement level provides useful additional accommodation and storage space, with excellent potential for conversion into cinema, gym, utility or recreational rooms subject to any necessary consents.
Throughout the property, a number of original features remain in place, including traditional staircase detailing, tall skirting boards and period proportions, providing an excellent foundation for a sympathetic restoration and modernisation project.
Externally, the property benefits from ample unrestricted on-street parking immediately adjacent to the building.
Positioned within a predominantly residential setting, the property enjoys excellent access to nearby amenities, Leamington Spa railway station, Warwick town centre and the wide range of independent cafés, restaurants and green spaces for which the area is renowned.
1 Highfield Terrace represents a rare opportunity to acquire a substantial period building with exceptional development potential in one of North Leamington Spa’s most sought-after residential locations.
Location: Highfield Terrace occupies a prime position within one of Royal Leamington Spa’s most desirable and well-connected locations, offering exceptional potential for a residential conversion subject to the necessary consents.
The setting combines elegant surroundings with immediate access to the town’s vibrant lifestyle amenities, making it particularly appealing for future residential use.
The property is ideally positioned for access to The Parade, approximately 0.7 miles on foot, where an excellent range of independent boutiques, cafés, restaurants and bars contribute to Leamington Spa’s renowned lifestyle appeal.
The town’s celebrated green spaces are also within easy reach, including the award-winning Jephson Gardens (circa 0.9 miles) and the nearby Leamington Lawn Tennis and Squash Club, both enhancing the attractiveness of the location for prospective occupiers.
Transport links are excellent, with Leamington Spa railway station approximately 1.2 miles away, providing direct services to London Marylebone and Birmingham.
The M40 motorway is also easily accessible, offering convenient road connections to London, Oxford and the wider Midlands.
The surrounding area benefits from a strong mix of residential property, professional occupiers and well-regarded local schooling, reinforcing the long-term appeal of the location.
Combining a prestigious address with excellent amenities and connectivity, Highfield Terrace represents a compelling opportunity within one of Leamington Spa’s most sought-after settings.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Highfield Terrace, Leamington Spa, Warwickshire, CV32
Explore nearby