2-bedroom terraced house · CV47 1GT
Listing removedListed 282 days
Opportunity summary
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About
SUMMARY **TWO DOUBLE BEDROOMS**MID-TERRACE ** SOLD WITH NO CHAIN**DOUBLE TARMAC DRIVEWAY**LOW MAINTENANCE GARDEN WITH BRICK BUILD OUTBUILDING**CLOSE TO SOUTHAM TOWN CENTRE**IDEAL FIRST TIME BUY OR INVESTMENT** DESCRIPTION Two double bedroom terraced property available for sale with no onward chain!
An ideal first time buy or investment, this property offers ample living space and is in need of slight modernisation.
The accommodation comprises; welcoming entrance hallway, lounge, separate kitchen, two well-proportioned double bedrooms and the family bathroom.
Externally there is a double tarmac driveway and low maintenance rear garden with a brick built outbuilding ideal for a home office.
The well regarded historic market town of Southam offers rural community living with the advantages of town amenities.
Ideally situated between Coventry & Banbury on the A423 Southam is easily connected to Royal Leamington Spa, the historic town of Warwick, famous William Shakespeare's hometown of Stratford upon Avon, Gaydon, Daventry and Rugby, where you will find mainline railway links to take you into Birmingham and London.
The town enjoys easy access to the major road networks including the M40, M6, M69 & M1.
Within Southam are three primary schools, Southam Primary School, St Mary's Catholic School & St James Church of England. Southam College secondary school is rated outstanding by Ofsted.
Private education can be found close by in Princethorpe, Leamington Spa, Rugby & Warwick. Approach Via driveway leading to the front door.
Entrance Hallway Welcoming entrance hallway with a double glazed window to front elevation, stairs rising to the first floor and an under stairs storage cupboard, a radiator and wood effect laminate flooring.
Lounge 11' x 15' ( 3.35m x 4.57m ) Spacious, light and airy lounge consisting of a radiator, wood effect laminate flooring, a double glazed window to rear elevation and sliding patio doors leading to the garden.
Kitchen/Diner 9' x 12' 1" ( 2.74m x 3.68m ) Fitted with wall and base units with work surfaces over and tiling to the splash back areas, incorporating a sink and drainer unit.
Integrated appliances include electric oven and gas hob with extractor fan over, a dishwasher, a fridge/freezer and a microwave .
Comprising a radiator, tiled flooring and a double glazed window to front elevation. First Floor Landing The stairs lead from the hallway.
There is a built-in cupboard housing the gas central heating boiler. With doors to both bedrooms and the shower room.
Bedroom One 12' 1" into recess x 12' ( 3.68m into recess x 3.66m ) Double bedroom benefitting from two built-in wardrobes, a radiator and a double glazed window to front elevation.
Bedroom Two 8' 1" x 11' ( 2.46m x 3.35m ) Double bedroom having a built-in wardrobe, a radiator and a double glazed window to rear elevation.
Shower Room Three piece suite fitted with a wash hand basin with vanity unit, a corner shower and a low level W/C.
Having fully tiled walls, a radiator, an extractor fan and a double glazed window to rear elevation. Outside Front Of The Propety With a double tarmac driveway providing off road parking.
Rear Garden Well-maintained two tier garden being mainly laid to slabbed patio and fence enclosed.
Outbuilding 8' 1" x 15' ( 2.46m x 4.57m ) Brick-built outbuilding benefitting from power, light and a double glazed window to front elevation. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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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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About Pound Way, Southam
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