We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CV31 3LQ
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well positioned, two double bedroomed retirement property, situated on the first floor overlooking the communal gardens with balcony, in this highly regarded and popular retirement development.
Price is based on a 99% share.
Queensway Court - Is a development comprising of 178 apartments of varying sizes, specifically designed for those over 55 and incorporates an extensive array of communal facilities, including a restaurant, coffee shop, meeting room, laundry, hairdressers and communal gardens.
The development is thoughtfully designed specifically for the retirement market, offers the possibility of assisted living with on-site manager and additional care packages available separately if required.
Price is based on a 99% share. Briefly Comprising; - Communal entrance hallways, staircases and lifts, private entrance hallway with store cupboard, living/dining room.
Semi open plan to fitted kitchen with integrated fridge freezer, oven, hob and filter hood. Two double bedrooms and large walk-in wet room/shower room.
Double glazing, central heating and mechanical ventilation heat recovery system. Balcony. NO CHAIN.
The Property - Is approached via a communal entrance hallways and reception areas with stairs and lifts leading to communal first floor. Personal door giving access into...
Private Reception Hallway - With radiator, doors to all accommodation, pull cord facility, cupboard containing mechanical ventilation heat recovery system and slatted shelving.
Living Room - 3.43m x 4.83m (11'3" x 15'10") - With chrome switchgear, entry telephone point, radiator, double glazed French door and window to side, leading to large covered balcony with metal and timber railings, overlooking the communal gardens.
Broad opening to semi open plan kitchen.
Kitchen - 3.45m x 2.26m (11'4 x 7'5") - With a range of cream shaker style base units with wood block look working surface over, one and a half bowl stainless steel sink drainer unit, inset four point Zanussi electric hob with filter hood over and side opening oven, concealed fridge freezer, splashback tiling, internal glazed window to communal hallway.
Bedroom One - 3.00m x 4.95m (9'10" x 16'3") - With chrome switchgear, radiator, double glazed full height window overlooking the gardens.
Bedroom Two - 3.00m x 2.84m plus doorway (9'10" x 9'4" plus door - With double glazed full height window, radiator, chrome switchgear, TV aerial point.
Shower Room/Wet Room - A large room with low level WC with concealed cistern, wall hung wash hand basin with mono-mixer, corner shower area with wet room style floor and wall mounted shower and control, radiator.
Outside - Queensway Court is set in its own grounds and gardens.
Throughout the development are a number of communal garden spaces, this particular property overlooks the main communal landscaped garden.
Communal first come, first served car parking areas, one to the front of the building and two to the rear.
Tenure - The property is understood to be leasehold although we have not inspected the relevant documentation to confirm this.
We understand there to be 113 years remaining on the lease, service charge is £464.44 per month (to include water charge, heating charge, care charge and activity charge), the rent of the shared ownership portion is £12.50 per calendar month.
Please verify this information with your legal advisers. Further details upon request. Services - All mains services are understood to be connected to the property with the exception of gas.
Heating is provided by a communal system, the cost of which is integrated into the Service Charge.
NB We have not tested the central heating, domestic hot water system, kitchen appliances or other services and whilst believing them to be in satisfactory working order we cannot give any warranties in these respects.
Interested parties are invited to make their own enquiries. Council Tax - Council Tax Band C. Location - First Floor CV31 3LQ
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Queensway Court, Queensway, Leamington Spa
Explore nearby