3-bedroom house · CV33 9BF
Listing removedListed 149 days
Opportunity summary
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About
Summary open house - Saturday 6th June 09:00 - 10:00, contact us for details.
** open day 6th June** 50% share ** semi detached ** three bedrooms ** kitchen diner ** good size garden ** driveway ** downstairs cloakroom ** description Situated in the highly sought-after location of Lighthorne Heath, this well-presented three-bedroom home benefits from a pleasant position alongside a playing field, offering attractive green outlooks to the side, along with driveway parking.
The property is entered via a welcoming hallway with stairs rising to the first floor and a door leading through to the lounge.
The lounge flows seamlessly into a spacious kitchen/diner, creating an ideal space for both relaxing and entertaining.
The kitchen/diner also provides access to the rear garden, as well as a convenient downstairs cloakroom. To the first floor, there are two well-proportioned bedrooms and a family bathroom.
The top floor is dedicated to the impressive main bedroom, complete with a walk-in wardrobe, providing a private and versatile retreat.
Externally, the property enjoys a rear garden and the added benefit of its green surroundings, enhancing the sense of space and privacy with a paved patio area.
Offered for sale with no onward chain, this is an excellent opportunity for buyers seeking a smooth and straightforward purchase in a popular and growing community.
Approach Having a driveway to the side with a path leading to the front door.
Entrance Hallway Welcoming entrance hallway with stairs rising to the first floor, lvt flooring, a radiator and doors to the lounge.
Lounge Spacious, light and airy lounge consisting of built-in storage cupboard, a television point, lvt flooring, a radiator and double glazed windows to front and side elevations.
Kitchen Fitted with wall and base units with complementary work surfaces over, incorporating a stainless steel sink and drainer unit, gas hob, electric oven, housing the boiler and comprising tiled flooring, a radiator, a double glazed window to the rear elevation and a door leading to the garden and a door leading into the downstairs cloakroom.
Downstairs Cloakroom Fitted with a wash hand basin, W/C, a radiator and tiled flooring. First Floor Landing The stairs lead from the hallway.
There is a double glazed window to front elevation, a radiator and doors to bedrooms two and three as well as the family bathroom. With stairs rising to the second floor.
Bedroom Two Double bedroom having a radiator and a double glazed window to rear elevation. Bedroom Three With a radiator and a double glazed window to front elevation.
Bathroom Three piece suite fitted with a wash hand basin, bath with shower over and a W/C. Having a double glazed window to rear elevation, a radiator and a cupboard housing the hot water tank.
Second Floor With a door leading to; Bedroom One Double bedroom benefitting from a walk-in wardrobe, a radiator and two velux windows.
Outside Rear Garden Good size rear garden being mainly laid to lawn, having a paved patio area, fence panels to the boarders, a shed and a gate leading to the driveway.
Parking Driveway providing off road parking for two cars. Shared Ownership/Lease Info The property is being sold at a 50% share as part of the shared ownership scheme.
The lease term is 125 years from 23rd November 2007 and the current monthly rent on the remaining 50% is £412, with a monthly service charge of £11.
Any agreed sale is subject to Housing Association eligibility criteria and to contact the branch for more details. The housing association have confirmed stair casing is possible up to 80%.
Agent's Note We advise there is no mains gas to the village. This property has a gas supply of lpg gas.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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
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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
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FAQ
About 12, Vulcan Way, Leamington Spa
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