2-bedroom flat
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A generous ground floor two double bedroom apartment with open views to the rear, parking and ample built in storage located in a small purpose built block of just four and exclusively for over-55's.
Located in a quiet cul-de-sac off Myton Road and close to the bus stop, offering a raised patio garden area and an immaculately presented communal garden with elevated views over open countryside towards the River Avon.
No chain The property comprises; communal entrance, large square living dining room with door opening into the fitted kitchen and uPVC doors opening out to the communal garden, inner hallway, two double bedrooms, both with built in wardrobes, and a bathroom.
Externally is a communal garden with an elevated private outlook towards the River Avon accessed via the side or through the double doors from the living room.
Allocated parking is provided for one car. Access to bus stops at the end of the road towards Leamington Spa or Warwick and access to St. Nicholas Park ( 0.9miles ).
Warwick town centre is 1.1 miles away and Warwick Train Station, with direct trains to London and Birmingham, is 1.2 miles away.
Agent note Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover 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.
Living Room (4.54m x 5.82m) Feature electric fireplace with marble hearth and wooden surround. Double glazed uPVC French doors opening out to communal garden at the rear, with windows adjacent.
Single door opening into the kitchen. Radiator and three ceiling lights.
Kitchen (2.74m x 2.83m) Fitted with a range of wall and base units with roll edge work surfaces over incorporating stainless steel sink a drainer with mixer tap over, and four ring gas hob with tiled splash back, single electric oven under and extractor hood over.
Space for fridge freezer and plumbing for washing machine. Double glazed uPVC window to the front. Wood effect laminate flooring radiator and two ceiling lights.
Hallway (0.93m x 2.01m) Doors to both bedrooms, bathroom, and storage cupboard. Smoke alarm and a ceiling light. Bedroom One (2.89m x 2.7m) Double bedroom.
Built in double wardrobe and integrated single wardrobe. Double glazed uPVC window to the front. Radiator and a ceiling light. Bedroom Two (2.89m x 2.7m) Double bedroom.
Built in double wardrobe with sliding mirrored doors. Double glazed uPVC window to the rear. Radiator and a ceiling light.
Bathroom (1.97m x 1.7m) Fitted with a three piece suite comprising low level flush WC, pedestal hand wash basin and panelled bath. Partially obscured double glazed uPVC window to the side.
Wood effect laminate flooring, radiator and a ceiling light. Additional Comments We are advised there are 61 years and 3 months remaining on the lease.
Service Charge of £1512 per annum, and the property comes with one allocated parking space. This is for information purposes only and must be verified by a 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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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 Holioake Drive, Warwickshire
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