3-bedroom terraced house · CV31 1HR
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary three double bedroom mid terrace***within walking distance to town centre & train station***two reception rooms**licensed four bedroom HMO***cellar offering future potential***courtyard garden***on street parking*** description Perfect for investors and families alike, this deceptively spacious three-bedroom mid-terrace property offers flexible accommodation arranged over three floors and presents an excellent opportunity for those seeking a buy-to-let investment or a substantial family home.
Previously licensed as a four-bedroom HMO, the property achieved an income of approximately £1,610 per calendar month on an 11-month basis, demonstrating its investment potential.
The accommodation briefly comprises a welcoming entrance hallway, a bay-fronted lounge, separate dining room, and a fitted galley kitchen to the ground floor.
To the first floor are two well-proportioned bedrooms and a family bathroom, whilst the second floor houses a generous third bedroom.
Further benefiting from a cellar, the property offers additional storage and exciting future potential for conversion, subject to the necessary planning permissions and building regulations.
Externally, the property enjoys a low-maintenance enclosed courtyard garden to the rear, providing an ideal outdoor space for relaxation and entertaining while to the front, on street parking is available.
Location Situated in a popular and highly convenient location just to the east of Leamington Spa town centre, this property enjoys easy access to a wide range of amenities including shops, supermarkets, cafés, restaurants and leisure facilities.
The beautiful Jephson Gardens, Pump Room Gardens and the town's vibrant Parade are all within walking distance (approx. 0.4miles away), offering excellent opportunities for recreation and socialising.
The property is particularly well positioned for commuters, with Leamington Spa Railway Station located approximately 0.4 miles away, providing direct rail services to Birmingham, Coventry and London Marylebone, while excellent road links via the A452, A425 and nearby M40 motorway facilitate travel throughout the region.
Families are well served by a selection of nearby schools, including Clapham Terrace Community Primary School, St Anthony's Catholic Primary Academy and Shrubland Street Community Primary School, while secondary education options include the highly regarded Campion School, alongside a number of independent schools within Leamington Spa.
Combining excellent transport connections, access to green spaces and a comprehensive range of local amenities, Gordon Street represents an attractive location for professionals, families and commuters alike.
Buyer Aml Fee Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 47, Gordon Street, Leamington Spa
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