2-bedroom terraced house · CV32 6BB
Listing removedReduced £45 (−3.2%) on 7 MayListed 203 days · slow let
Opportunity summary
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About
This attractive Victorian, 2 double-bedroom terraced house with 2 receptions, and a pretty courtyard garden, is located in a quiet cul-de-sac on the edge of north Leamington, and within walking distance of the town centre.
The house is unfurnished and has a fitted kitchen and bathroom, gas central heating and radiators, double-glazing throughout, modern halogen spot lighting, and comprises: Ground Floor " Front entrance door to the hallway having stairs to the first floor, and with doors to " Sitting room with feature original Victorian-tiled fireplace " Dining room with window to back, having Karndean flooring, and door to " Fitted kitchen with Karndean flooring, wall and base cupboards, a walk-in pantry with shelving, and appliances including electric hob and oven.
(A fridge-freezer, and washing machine can be supplied by agreement.) A back door leads to the garden.
Upstairs " Spacious front double bedroom having two windows and original Victorian, ornamental fireplace " Back double bedroom overlooking the garden with original Victorian, ornamental fireplace " Contemporary bathroom with walk-in quadrant shower-cubicle having pressure shower, bath, WC, large heated towel-rail, and washbasin.
In addition there is a private courtyard garden to the rear of the property with the original storage sheds (great for garden/bike storage), and a gate leads to a shared passageway at the back, and to a further pretty garden area with seating.
Rent £1395 per calendar month Holding Deposit £321 Tenancy Deposit £1609 Council Tax C First calendar month's rent plus tenancy deposit payable to The Agent (The Letting People), subsequent months' rent to be paid by standing order to the Agent.
Please note that the tenancy deposit will be held in a Government-accredited Tenancy Deposit Protection Scheme until the tenant vacates the property.
Whilst we endeavour to make our Property Descriptions accurate and reliable, they should not be relied on as statements or representations of fact and do not constitute any part of an offer or contract.
We would strongly recommend that all the information which we provide about the property is verified by yourself on inspection.
The Agent has not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order.
*A copy of the Energy Performance Certificate may be viewed, on request, at our offices.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Albert Street,Leamington Spa,CV32
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