2-bedroom flat · CV34 4SA
For saleListed 90 days
Opportunity summary
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About
This superb two-bedroom top-floor apartment offers well-appointed accommodation of generous proportions, set within this quality conversion of a recently refurbished, substantial Grade II-listed period building, with the added benefit of two allocated, secure, gated parking spaces to the rear.
The property is ideally placed within the hustle and bustle of the market square, with excellent amenities close at hand and with views over both Warwick Town Square and St Mary's Church.
This property has benefited from a recent renovation to the frontage and is being advertised with no upward chain.
Location - Apartment 4, 9 Market Place is a spacious, top-floor apartment in a recently refurbished Grade II-listed period building overlooking the square and St Mary's Church, providing immediate access to the town's restaurants, independent retailers, parks and is only a short walk away from the Warwick Racecourse.
Warwick is a thriving market town with many notable amenities and historic landmarks; the most famous, of course, is the magnificent Warwick Castle and its surrounding grounds.
Frontage - The property benefits from a recent refurbishment to the frontage, overlooking the Warwick Town Square and offering Communal Entrance Hall - Approached either from the Old Market Square or through the secure gated parking on New Street.
Door to private storage area. Staircase to the first and second floors. Reception Hall - 5.74 x 1.55m (18'9" x 5'1") - Front door with a spyhole. Security entry phone system.
Doors to both bedrooms, family bathroom, and living/ dining room. Living Room/Dining Room - 4.67m x 4.72m (15'3" x 15'5") - Attractive period fire surround and cast-iron Albert-style grate.
Two wall light points. Bespoke cast-iron-style radiator. Sash window with secondary sash glazing providing views over the Market Square and countryside beyond.
Opening to: Fitted Kitchen - 2.97m x 2.36m (9'8" x 7'8") - A range of base and eye-level cream coloured gloss fronted units.
Inset single-drainer stainless-steel sink unit with mixer tap attachment and cupboard space under. Three base units with natural woodblock work surfaces over, with a complimentary tiled splashback.
Built-in stainless-steel fronted Lamona oven, ceramic four-ring hob, and stainless-steel chimney cooker hood over. Four ceiling recessed spotlights. Integrated washing machine and fridge freezer.
Tiled floor. Cupboard housing the hot water cylinder. Underfloor heating with a control unit. Bedroom One - 3.96m x 2.79m (12'11" x 9'1") - Bespoke cast-iron style radiator.
double-glazed window to the rear aspect providing views towards St. Mary's Tower and Castle turret.
Door to : En Suite Shower Room - Well-appointed with a large shower tray and a pedestal wash hand basin. low-level w.c. Chrome ladder heated towel rail radiator. double-glazed window.
Three ceiling recessed spotlights. Extractor fan. Bedroom Two - 3.86m x 2.62m (12'7" x 8'7") - Cast-iron style radiator.
Sash window to front with secondary sash glazing providing views over the Market Square and countryside beyond. Bathroom - Well-appointed with a white suite.
Panelled bath with a shower attachment over and a side splash screen. Walls fully tiled. Tiled floor. Pedestal wash hand basin. low-level W/C. Chrome ladder heated towel rail radiator.
double-glazed window. Three ceiling recessed spotlights. Manrose extractor fan. .
Basement Store Room - Separated private lock-up storage Outside - Two secure allocated parking spaces to the rear, accessed from New Street.
Tenure - The property is LEASEHOLD held on a 125-year Lease from November 2012. SERVICE CHARGE: Currently £2,200 pa. GROUND RENT: £250 pa.
FIXTURES & FITTINGS: Included in the sale price are all the items of fixtures and fittings mentioned in these sales particulars.
Services - All mains services are understood to be connected except gas.
NB: We have not tested the heating, domestic hot water system, kitchen appliances, or other services, and whilst we believe them to be in satisfactory working order, we cannot give any warranties in this respect.
Interested parties are invited to make their own inquiries. Council Tax - The property is in Council Tax Band "C" - Warwick District Council Postcode - CV34 4SA
Value & comps
No previous sales on record.
Returns
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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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