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See how verdicts work2-bedroom flat · CV32 5GD
Sold STCReduced £10k (−5.4%) on 25 OctListed 415 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oakfield House is a very popular retirement development in a sought after location, set in beautiful communal gardens and situated on the highly thought of Binswood Avenue in North Leamington.
Within an easy walk of the town center and local bus routes this property represents the perfect location for retirement.
Within the block there is 24 hour security, a lift, communal reading area with kitchen. The communal areas are attractive and there is also secure parking and communal laundry.
This two double bedroom apartment is in good condition and provides a spacious dwelling. In brief, Hallway, Two Bedrooms, Kitchen, Living Room, Bathroom.
**NO CHAIN** A Two bedroom over 55's apartment, located on the popular Binswood Avenue in North Leamington.
Front - The building is accessed via a communal door and is situated on the second floor leading to a private door into the hallway.
Entrance Hallway - 3.41 x 3.09 (11'2" x 10'1") - Light point to ceiling, carpet, storage heater, smoke alarm to ceiling, Cloakroom and airing cupboard and access to all rooms within the apartment.
Lounge - 5.19 x 3.60 (17'0" x 11'9") - Spacious living room. Two Double glazed windows to side aspect and one to the front, carpet, light point to ceiling, feature fire place, storage heater.
Kitchen - 3.57 x 2.40 (11'8" x 7'10") - Accessed via the lounge, light point to ceiling, double glazed window to front aspect, space for cooker, space for fridge freezer, space for washing machine, sink, laminate flooring, kitchen work top with storage cupboards above and below.
Bedroom One - 3.94 x 2.55 (12'11" x 8'4") - Double glazed window to side aspect, carpet and light point to ceiling, walk in wardrobe.
Bedroom Two - 3.94 x 1.96 (12'11" x 6'5") - Built in wardrobes and storage space, carpet, light point to ceiling and double glazed window to side aspect.
Bathroom - 2.32 x 1.84 (7'7" x 6'0") - Walk in shower, Sink with storage beneath, WC, light point to ceiling, heated towel rail, tiled walls and wall mounted electric fan heater.
Disclaimer - Whilst we endeavour to make our sales details 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.
The seller does not make or give, nor do we, or our employees, have authority to make or give, any representation or warranty in relation to the property.
Please contact the office before viewing the property.
If there is any point that is of particular importance to you, we will be pleased to check the information for you and to confirm that the property remains available.
This is particularly important if you are contemplating travelling some distance to view the property.
We would strongly recommend that all the information, which we provide, about the property is verified on inspection and also by your conveyancer.
Financial Services - For mortgage advice, please contact this office on , and we will arrange for our whole of market mortgage advisor to contact you to give you up to the minute mortgage information.
Fixtures And Fittings - Only those mentioned within these particulars are included in the sale price.
General Information - Services to the property - Mains water electricity are believed to be connected to the property.
Photographs - Photographs are reproduced for general information only and it must not be inferred that any item is included for sale with the property.
Special Note - All electrical appliances mentioned within these sales particulars have not been tested. All measurements believed to be accurate to within three inches.
Survey - Hawkesford Survey Department has Surveyors with local knowledge and experience to undertake Building Surveys, RICS Homebuyers Reports, Probate, Matrimonial, Insurance valuations, together with Rent Reviews, Lease Renewals and other professional property advice.
Hawkesford are also able to provide Energy Performance Certificates. Telephone . Tax Band - The Council Tax Band is C. Tenure - We believe the property to be leasehold with 67 years left on the lease.
We believe the service charge to be £215pcm.. Viewings - Strictly by appointment through Hawkesford on
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
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FAQ
About Binswood Avenue, Leamington Spa
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