1-bedroom flat · CV31 1BQ
Sold STCListed 52 days
Opportunity summary
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About
Positioned along one of Leamington Spa’s most desirable tree-lined roads, 48 Leam Terrace is a beautifully presented one-bedroom apartment combining spacious accommodation, period character and an exceptionally convenient location.
The apartment forms part of an attractive converted period building and extends to approximately 618 sq. ft.
The accommodation is thoughtfully arranged around a central entrance hallway, which provides access to the living accommodation, bedroom and bathroom.
The principal reception space is particularly impressive, measuring over 17 ft in length and offering clearly defined areas for relaxing, dining and home working.
A large sash window provides an abundance of natural light and an attractive leafy outlook, while the high ceiling, decorative cornicing and generous proportions reflect the period origins of the building.
The open-plan kitchen is positioned to one side of the living space and has been fitted with a contemporary range of white wall and base-mounted units, complemented by timber-effect work surfaces and metro-tiled splashbacks.
Integrated appliances include an electric oven and hob, while there is also a washing machine and fridge freezer.
A breakfast bar creates a natural divide between the kitchen and living areas and provides additional workspace.
A useful recessed area beside the kitchen is currently arranged as a compact dining space but could equally be used as a dedicated home office, reading area or additional storage.
The double bedroom is well proportioned and attractively decorated, with a large window providing plenty of natural light.
An excellent selection of fitted wardrobes and storage cupboards maximises the available space while allowing ample room for a double bed and further furniture.
The bathroom has been stylishly finished with rich green tiling and comprises a panelled bath with shower above and glazed screen, a pedestal wash hand basin and WC.
Outside, residents have the use of a communal paved outdoor area, providing a pleasant and easily maintained space for sitting outside.
The property also benefits from its own private garage, positioned within a block to the rear and offering secure parking or valuable additional storage.
The apartment is offered with a share of the freehold and approximately 989 years remaining on the lease.
Heating and hot water are included within the service charge, offering additional convenience and helping to simplify household running costs.
With its substantial reception space, private garage, communal outdoor area and enviable position within walking distance of central Leamington Spa, this attractive apartment would make an excellent first home, investment purchase or convenient town-centre base.
Material Information: Council Tax: Band B Local Authority: Warwick District Council Broadband: Ultrafast Broadband Available (Checked on Ofcom Aug 2026) Mobile Coverage: Good Outdoor, Variable In Home (Checked on Ofcom Aug 2026) Heating: Oil Heating Listed: Grade ll Listed Tenure: Share Of Freehold (989 years) Ground Rent: Peppercorn Service Charge: £175 pcm for single occupancy, £195 pcm for dual occupancy Location: Leam Terrace is one of Leamington Spa’s most attractive and sought-after residential roads, characterised by its handsome period architecture, mature trees and convenient position close to the town centre.
The property is ideally located for enjoying everything the town has to offer, with the beautiful Jephson Gardens, the River Leam and the Parade all within easy walking distance.
Leamington Spa town centre provides an excellent selection of independent boutiques, restaurants, coffee shops and bars, alongside a wide range of everyday amenities.
The nearby Jephson Gardens and Pump Room Gardens offer wonderful open green spaces, while Newbold Comyn provides further recreational facilities, including countryside walks, sports pitches and a leisure centre.
Leamington Spa railway station is approximately 0.7 miles away and offers regular direct services to London Marylebone, Birmingham and Oxford.
The property is also conveniently positioned for access to the M40, A46 and wider motorway network, making it an excellent choice for commuters.
The historic town of Warwick is approximately 3 miles away, while Stratford-upon-Avon and the surrounding Warwickshire countryside are also within convenient travelling distance.
All distances are approximate.
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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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About 48, Leam Terrace, Leamington Spa, Warwickshire, CV31
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