2-bedroom flat · CV32 6PE
Sold STCListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well, what a transformation having undergone a full restoration just weeks ago. This stunning ground floor maisonette is found within the sought after location of Milverton upon a quiet cul de sac.
It is within easy access by foot to both the town centre and train station alike. Having local amenities just around the corner and the popular Leamington lawn and tennis club just seconds away.
It also falls within the catchments of some well regarded local schools.
The entire property is now brand new and completely unused of which goes back to the electrics and plumbing to fully plastered and new boiler. Herringbone flooring flows through the entire property.
The tasteful and modern kitchen has been fitted in a charming dark green colouring and comes fully integrated. Appliances include a fridge freezer, a dishwasher, an oven, a hob and an extractor.
There is a handy pantry / utility cupboard beneath the stairs with plumbing for the washing machine. The hallway gives way to the two large double bedrooms offering views over the rear garden.
The bathroom is amazing, boutique style, and fitted with a bath over the shower and luxury fittings.
The well proportioned reception room, bright and airy, has French doors leading on to the front gardens offering an abundance of natural light. The property is leasehold but like no other.
You will be astonished that the property has 832 years remaining on the lease, no service charge attached and solely £5 per annum ground rent.
Externally the property benefits with gardens to both the front and rear of which is a mix of mature plants and borders to areas of paved patio, perfect to enjoy those sunny mornings and evenings.
There is a handy brick built storage shed offering valuable storage too. It really is a true turn-key property awaiting it’s new proud owner. EPC Rating: C
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
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FAQ
About 21 Coniston Road, Leamington Spa
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