2-bedroom flat · CV47 0LU
Listing removedReduced £5k (−3.3%) on 21 JunListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Calling all first time buyers! A perfect first home or downsize, this well located 2 bedroom apartment has A welcoming communal garden and is offered with no chain! Call now!
Chestnut Place is a sought after development close to Southam's town centre and being located on the ground floor, the property would appear to a wide variety of buyers.
The apartment comprises allocated parking, communal entrance hall, porch & hallway, kitchen, good-sized lounge/diner, 2 bedrooms and a modern bathroom.
Outside, the communal gardens are well maintained and provide a wonderful place to sit and chat or simply to have some time for yourself.
The apartment has been modernised and is ready for you to move in! Book to view today!
Leasehold Tax Band B EPC Rating C Front Of Property To the front of the property are allocated parking spaces plus visitor spaces.
There is access to the gardens Communal Hallway The communal entrance hall operates with an intercom system.
There is a door to the gardens and carpeted stairs leading to other apartments Entrance Hall The hallway has a vinyl wood floor and doors leading to all rooms and airing cupboard Kitchen The kitchen has vinyl flooring and a window to the rear aspect.
There are wall and base units, sink and drainer and appliance space for a washing machine, fridge/freezer and cooker with hood Lounge/Diner The lounge/diner has a carpeted floor, heater and window to the rear aspect.
There is an electric fireplace with surround Master Bedroom The master bedroom has a carpeted floor, heater and window to the front aspect Bedroom 2 Bedroom 2 has a carpeted floor, heater and window to the front aspect Bathroom The bathroom has a vinyl floor, airing cupboard, heated towel rail and obscured window to the front aspect.
The white suite comprises low level WC, wash basin with vanity and bath with screen & shower above Communal Garden Laid mainly to lawn, the communal gardens are planted with shrubs and trees and have pathways leading to laundry drying areas Parking This property comes with one parking space with visitor spaces available Further Information Tax Band B Offered with No Chain The property has management fees of £900 pa The property has had new radiators (after epc assessment) Disclaimer Disclaimer: Whilst these particulars are believed to be correct and are given in good faith, they are not warranted, and any interested parties must satisfy themselves by inspection, or otherwise, as to the correctness of each of them.
These particulars do not constitute an offer or contract or part thereof and areas, measurements and distances are given as a guide only. Photographs depict only certain parts of the property.
Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances
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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About 21, Chestnut Place, Southam
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