2-bedroom property · CV32 5DL
For saleListed 382 days
Opportunity summary
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About
This charming and spacious two bedroom cottage has a prime location next to the main gardens, close to all the central village amenities.
The Living room benefits from patio doors leading to a sunny, private patio and the Siematic kitchen is well equipped with a Bosch washer / dryer and Neff Fridge / Freezer, Oven/Microwave/Grill, separate full size Oven, Hob and Dishwasher.
There is a walk in wet room with toilet downstairs and a storage cupboard. Upstairs the main bedroom has built-in wardrobes and an en-suite shower room with Villeroy & Boch sanitaryware.
The 2nd bedroom could be used as a dressing room, bedroom or office and has built in shelving units.
Fees: Monthly management fee for the year ending March 2026 - £1158.03 Annual ground rent £500 Parking £145.36 Bistro Credit: £85.79 Council tax band: C Tenure - Leasehold Audley owners have our firm undertaking that their monthly management fee will increase only once a year.
A deferred management charge also applies to this property. This charge is payable on change of occupier and based on the final achieved sale price or the open market value, whichever is the greater.
1% per ear or part year up to a maximum of 15 years (15%) Audley Binswood retirement village is located in the heart of the Royal Leamington Spa conservation area.
It's a short walk from the shopping and leisure facilities of Leamington Spa, including the famous Pump Rooms. At the heart of the village is Binswood Hall formerly known as North Leamington College.
This Grade II* listed Victorian Gothic hall has been beautifully restored and forms the centrepiece of the retirement village.
Built to the usual Audley standards, it retains all of the character and majesty of the original building. As an owner at Audley Binswood you will automatically become a member of the Audley Club.
This membership entitles you to use the facilities, including the restaurant, bistro bar, health and wellbeing centre, fitness suite and swimming pool.
There are also regular owners-only swimming sessions, an owners' library and two guest suites available to book. Viewing by appointment with the sales office on binswoodsales@audleyvillages,co,uk
Value & comps
No previous sales on record.
Returns
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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 Walton Cottage, 27 Walton Court, Lillington Avenue, Leamington Spa, Warwickshire, CV32
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