3-bedroom terraced house · CV31 3BT
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A characterful and surprisingly spacious three-bedroom period home, ideally positioned within easy reach of Leamington Spa town centre and the railway station.
Arranged over three floors and extending to approximately 1,100 sq ft, the property combines generous proportions with plenty of original character.
The ground floor begins with an entrance hallway leading into a bright front living room, where a large bay window provides plenty of natural light and incorporates a lovely built-in window seat.
Stripped wooden flooring adds to the period feel. To the rear is a particularly generous dining room, with an attractive fireplace and traditional tiled floor.
There is ample room for a full-size dining table, making this a really sociable space, while the kitchen sits beyond and features off-white cabinetry, timber worktops and a large window overlooking the courtyard.
Upstairs, one of the real strengths of the house is the bedroom accommodation. The first floor provides two good-sized double bedrooms, both with fireplaces, alongside a notably spacious bathroom.
A further staircase leads to the second floor, where there is an impressive third double bedroom measuring over 15ft in length.
Outside, the property has a private walled courtyard garden, paved for ease of maintenance and providing a useful outdoor space for seating and entertaining.
Ranelagh Terrace is particularly well placed for anyone wanting to make the most of Leamington Spa.
The town centre, railway station and the shops, cafés, bars and restaurants of Old Town are all readily accessible, while there are also good road links towards Warwick and the wider motorway network.
With three genuine double bedrooms, over 1,100 sq ft of accommodation and a convenient location close to both the town centre and station, this is a home offering considerably more space than you might initially expect.
EPC Rating: D
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.
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FAQ
About Ranelagh Terrace, Leamington Spa, CV31
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