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See how verdicts work2-bedroom flat · CV47 1ER
Listing removedReduced £5k (−3%) on 21 JunListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom second-floor flat located close to southam’s town centre. A perfect first time buy! The flat itself comprises an en-bloc garage, parking, and communal gardens.
The entrance hall provides space for shoes and coats, along with a storage cupboard housing the boiler, which has recently been replaced.
The L-shaped lounge/diner is ideal for relaxing evenings, while the bright kitchen is of a good size.
Both double bedrooms are generously proportioned, as is the bathroom, which benefits from both a bath and shower.
Located on the top floor, the flat also offers countryside views and additional loft space. A perfect first-time buy or buy-to-let opportunity.
Must be viewed Front Of Property Pebbled edging with planted beds, pathways either side to access the rear of the property and the main entrance Garage (7'2" x 14'10", 2.18m x 4.52m) Number 6 garage Up and over door Communal Garden/Entrance Access to the apartment is via a gated entrance leading into a communal garden.
Two flights of stairs lead up to the apartment, where there is a lobby area ideal for coats and shoes, along with a cupboard housing the boiler and providing additional storage.
The apartment is entered via the front door from this lobby Entrance Hall Carpeted staircases, obscured window to rear aspect, coat hooks, storage cupboards and boiler Lounge/Diner (16'0" x 18'7", 4.88m x 5.66m) Laminated floors, 2x radiators, Breakfast bar looking out the front aspect window with views of Southam and countryside beyond, doors to the kitchen and hall, TV and power points Kitchen (7'6" x 10'3", 2.29m x 3.12m) Vinyl flooring, wall and base units, tiled surround, sink and drainer, window to rear aspect, radiator, integrated gas hob, oven and wine rack, plumbing for washing machine, fittings for tumble dryer and fridge/freezer Hall (5'7" x 2'6", 1.7m x 0.76m) Carpeted floors, doors to bedrooms, bathroom and lounge/diner Bedroom 2 (8'5" x 9'7", 2.57m x 2.92m) Carpeted floors, radiator, power points, window to front aspect Bathroom (6'4" x 5'6", 1.93m x 1.68m) Vinyl flooring, radiator, white suite comprising of wash basin, toilet, bath with electric shower overhead, obscured window to front aspect, tiling on 2 walls, loft access (part boarded) Bedroom 1 (8'4" x 12'1", 2.54m x 3.68m) Carpeted floors, fitted wardrobe, radiator, window to front aspect Further Information Boiler in the entrance hallway cupboard - 2 years old approximately, serviced annually in March.
Council Tax band - A Disclaimer Disclaimer: Whilst these particulars are believed to be correct and are given in good faith, they are not warranted, and any interested parties must satisfy themselves by inspection, or otherwise, as to the correctness of each of them.
These particulars do not constitute an offer or contract or part thereof and areas, measurements and distances are given as a guide only. Photographs depict only certain parts of the property.
Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances
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 8, Heather Close, Southam
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