We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom terraced house · CV31 1HE
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Russell Terrace Spacious 6-Bedroom, 3-Storey HMO Licensed End-Terrace.
At over 1500sq ft of living space, this extended, versatile property is situated in the heart of Leamington Spa on sought after Russell Terrace.
An outstanding investment opportunity or the potential to create a fantastic family residence.
Currently HMO licensed, the property is ideally suited for professional sharers, students, or investors seeking a high-yield rental property in a prime central location.
The property offers a current rental potential of approximately £36,000 per annum, presenting an attractive and reliable return in this high-demand area.
Equally, with its generous proportions and flexible layout, it could also be a spacious family home offering ample room for modern living.
The accommodation is well-presented throughout, featuring six generously sized bedrooms, a communal living area, a modern fitted kitchen, and multiple bathroom/shower facilities designed for comfort and practicality.
Each floor has been thoughtfully arranged to maximise space, light, and function.
Externally, the property benefits from its end-terrace position, providing additional natural light, privacy, and excellent curb appeal.
A rare advantage for central Leamington, the property also boasts a private driveway with parking for up to five cars, as well as a low-maintenance rear courtyard garden, ideal for outdoor entertaining or relaxing.
Situated just a short walk from Leamington Spa town centre, the train station, and local amenities, Russell Terrace is a highly desirable address known for its attractive period homes and convenient access to transport links.
With strong rental demand in the area, this property represents both a turnkey investment and a wonderful home for a growing family.
A truly flexible property in a prime Leamington Spa location - early viewing is highly recommended.
Key Features: Extended three-storey end-terrace HMO licensed property (March 2027) Six bedrooms Open plan kitchen / dining Two bathrooms Off-road parking for up to five cars Low-maintenance courtyard garden Excellent central location close to amenities and transport links Current rental potential circa £36,000 per annum Strong rental history and family home potential Location Leamington Spa Royal Leamington Spa is a fashionable and elegant Regency town in the heart of Warwickshire.
Renowned for its Victorian painted stucco villas and beautiful Regency houses, much of the charm of 19th- Century planning can still be found in and around the town.
Today there is a great choice of high street and boutique shops, restaurants, cafes and bars, offering a unique shopping, dining and cultural experience.
The river Leam runs through the town, and with its stunning architecture, tree-lined avenues, squares, parks and gardens, it is a very popular place to live.
Services Mains water, electricity, drainage and telephone. Local Authority Warwick District Council - Tax band C Viewing Arrangements Strictly via the vendors sole agents Spa Estates.
Disclaimer All measurements are approximate and quoted in metric with imperial equivalents and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on.
The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given and that they are in working order.
Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property.
Whilst we carryout our due diligence on a property before it is launched to the market and we endeavour to provide accurate information, buyers are advised to conduct their own due diligence.
Our information is presented to the best of our knowledge and should not solely be relied upon when making purchasing decisions.
The responsibility for verifying aspects such as flood risk, easements, covenants and other property related details rests with the buyer.
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
Agent & docs

FAQ
About Russell Terrace, Leamington Spa, Warwickshire, CV31
Explore nearby