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See how verdicts work2-bedroom flat · CV34 4TY
Under offerReduced £15k (−9.1%) on 25 OctListed 233 days
Opportunity summary
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About
A well-presented purpose-built two-bedroom top-floor apartment offering spacious and well-proportioned accommodation together with the benefit of allocated parking.
This popular development is conveniently positioned just a few minutes from the historic county town centre, whilst also providing excellent access to the A46, Junction 15 of the M40, and both Warwick and Warwick Parkway railway stations, making it ideal for commuters.
The accommodation briefly comprises secure communal entrance, private entrance hall, living room open to a fitted kitchen, principal bedroom with Juliet balcony and en-suite bathroom room, second bedroom and a main bathroom.
Offered for sale with no upward chain, the property would make an ideal first-time purchase, investment, or convenient lock-up-and-leave home. Energy Rating D.
Location - Situated within a well-regarded modern development, just walking distance to the town centre, Warwick Station and Warwick Parkway, giving access to Birmingham and London on the Chiltern line.
Easy access is also afforded to other major centres including Leamington Spa, Stratford upon Avon, Coventry, Kenilworth and Solihull.
The nearby junction 15 of the M40 gives access to the Midlands motorway network, and Birmingham International Airport is within easy reach.
Communal Entrance - Having a security entry system and stairs to the Second-floor landing.
A solid entrance door with a spyhole leads into: Entrance Hall - Wall-mounted electric panel heater and entry phone system. Built-in cupboard accommodating the Pulsacoil hot water tank.
Doors to: Living Room - 4.73m x 3.10m (15'6" x 10'2" ) - Wall-mounted electric panel heater, double-glazed window to the front aspect.
Opening to: Kitchen - 3.58m x 1.69m (11'8" x 5'6") - Range of matching base and eye level units, complementary worktops and tiled splashbacks. Electric oven and hob with extractor unit over.
Space for an upright fridge/freezer, space and plumbing for a domestic appliance and a wood-effect floor.
Bedroom One - 3.81m x 3.19m (12'5" x 10'5") - Wall-mounted electric panel heater, double-glazed double-opening doors with double-glazed side screens overlooking communal gardens with a Juliet balcony.
En-Suite Bathroom - White suite comprising bath with Hydramax shower system over and glazed shower screen, WC, pedestal wash hand basin, heated towel rail, shaver point and extractor fan.
Bedroom Two - 4.07m x 2.07m (13'4" x 6'9") - An electric panel heater and a double-glazed window to the front aspect.
Main Bathroom - White suite comprising WC, pedestal wash hand basin, bath with Hydramax shower system over and glazed shower screen. Heated towel rail, shaver point and extractor fan.
Outside - The Romani Close development offers private parking for residents. Car parking space No.108. Tenure - We believe the property to be Leasehold.
The agent has not checked the legal status to verify the property's Leasehold status. The Purchaser is advised to obtain verification from their legal advisers.
We are told that the lease is for 125 years, commencing on 1st November 2003. Service charge is currently circa £2,244.00 PA. Ground rent is £160 due 1st January 2025 and £160.00 due 1st July 2025.
Yearly Total £320.00. Services - All mains services are understood to be connected with the exception of gas.
NB, We have not tested the heating, domestic hot water system, kitchen appliances, or other services and whilst believing them to be in satisfactory working order, we cannot give warranties in these respects.
Interested parties are invited to make their own inquiries. Council Tax - The property is in Council Tax Band "C" - Warwick District Council Postcode - CV34 4TY
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.
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FAQ
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