2-bedroom flat · CV32 6AJ
Sold STCListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set back from the main road, this property boasts an enviable location within a mile of Leamington Spa station and just a stone's throw from the town centre.
Positioned on the first floor, featuring a spacious living dining area, kitchen with rear facing window, well proportioned primary double bedroom, modern bathroom with white suite and further double bedroom.
With the added convenience of allocated parking, this property presents an ideal opportunity for first-time buyers or investors seeking a blend of comfort and convenience.
COMMUNAL ENTRANCE Entering through the secure communal entrance with intercom, with stairs rising to the first floor accessing just two apartments.
HALL 16' 9" x 3' 6" (5.11m x 1.07m) Entering into the property from the communal landing, telephone entry system, storage heater, electric fuse box, spot lights and doors off to all rooms.
KITCHEN 8' 11" x 6' 3" (2.72m x 1.91m) With a range of wall and base mounted units, space and plumbing for washing machine, integrated fridge freezer, built in electric oven, four electric ceramic hob and extraction above, stainless steel sink with drainage board and double glazed window to the rear.
LIVING/DINING ROOM 13' 4" x 10' 2" (4.06m x 3.1m) With double glazed window to the front, storage heater, wall lights, TV aerial point and telephone point.
PRIMARY BEDROOM 10' 10" x 8' 9" (3.3m x 2.67m) With double glazed window to the front, panel heater and triple built in wardrobe.
BEDROOM TWO 10' 2" x 7' 6" (3.1m x 2.29m) With double glazed window to the side, panel heater and triple built in wardrobe.
BATHROOM 7' 3" x 6' 2" (2.21m x 1.88m) With double glazed window to the rear, panelled bath with shower screen, Triton shower over, low level WC, wash hand basin, extractor fan, spots, wall mounted heater and vanity unit.
TENURE The property is leasehold with 999 year lease from 14th December 2001 and a peppercorn ground rent.
The service charge is £305.00 per quarter, this information should be checked and verified by your legal representative.
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.
Area
Agent & docs
FAQ
About Cornwall House, Cornwall Place, Leamington Spa
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