2-bedroom terraced house · CV32 5PE
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented character home which is ideally situated for local amenities and excellent transport links.
Set over three floors the accommodation comprises at basement level: kitchen, bathroom and utility room.
Ground floor provides a lounge and separate dining room with two double bedrooms to the first floor. A lovely rear courtyard provides a great entertaining space.
This would make an ideal first time or investment purchase - early viewing is advised! We understand that mains water, gas, electricity and drainage are connected to the property.
We have not carried out any form of testing of appliances, central heating or other services and prospective purchasers must satisfy themselves as to their condition and efficiency.
Location - Gunnery Terrace is located set back from the road behind the walled front courtyard, close to the town centre within the popular Milverton area.
There is a range of shops nearby in Rugby Road and the town centre is readily accessible.
Gunnery Terrace is within a conservation area and occupies a sought after location, approximately a mile north-west of the Royal Spa town centre just off Rugby Road.
The immediate area includes some of the towns special period buildings in nearby Beauchamp Hill, Clarendon Crescent, and Milverton Crescent.
Located a 20-minute walk from the train station, from which hourly fast trains run to London.
Convenient for everything Leamington Spa has to offer - there is a great choice of high street and boutique shops, restaurants, cafés and bars, offering a unique shopping, dining and cultural experience.
With its stunning architecture, tree-lined avenues, squares, parks, gardens, a range of excellent private and state schools.
The nearest primary schools are Milverton Primary School and Brookhurst Primary School.
The Trinity Catholic Technology College is the nearest school for both secondary and sixth form, both of these form popular school catchment areas.
Warwickshire College is also within walking distance.
Lounge - 3.82m x 3.33m (12'6" x 10'11") - A cosy room with stripped floorboards, radiator, double glazed sash window to the front elevation, space for lounge furniture, feature fireplace, stairs to the first floor and opening through to the dining room.
Dining Room - 3.53m x 3.07m (11'6" x 10'0") - Having a built-in cupboard, radiator, double glazed sash window to the rear elevation and space for dining room furniture.
Lower Ground Floor - Kitchen - 3.82m x 3.03m (12'6" x 9'11") - A good range of fitted base units and wall mounted cabinets, space for a cooker, built-in dishwasher, radiator, sink unit, understairs store cupboard and a door to the rear courtyard garden.
Family Bathroom - 2.71m x 1.34m (8'10" x 4'4") - A white suite comprising: tile panelled bath with shower over, wash hand basin with storage below, radiator, low level W/C and complementary tiling to splashbacks.
Utility Room - 3.72m x 1.75m (12'2" x 5'8") - With a double glazed window to the front elevation, plumbing for washing machine and tumble dryer and space for a fridge freezer.
First Floor - With doors to two bedrooms.
Bedroom One - 3.82m x 3.35m (12'6" x 10'11") - A lovely double bedroom with a double glazed sash window to the front elevation, radiator, space for bedroom furniture and door to the en-suite WC.
Bedroom Two - 3.80m x 3.09m (12'5" x 10'1") - A double bedroom with a double glazed sash window to the rear elevation, radiator and space for bedroom furniture.
En-Suite Wc - 1.19m x 0.71m (3'10" x 2'3") - Having a low level W/C and a wash hand basin.
Rear Garden - A very private fully paved courtyard garden ideal for entertaining with walled boundaries, gated access to the rear and a brick- built storage area. Parking - On-street parking.
Tenure - Freehold. Directions - Postcode for sat-nav - CV32 5PE. what3words - knee.glue.orchestra
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.
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