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See how verdicts work2-bedroom flat · CV47 2US
For saleReduced £5k (−2.7%) on 16 OctListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a desirable residential area of Southam, this spacious two-bedroom apartment features a large central entrance hall that seamlessly feeds into all main accommodation: Two well-proportioned bedrooms, a central bathroom, and an expansive living area.
The open-plan living space offers exceptional natural light and benefits from a classic Juliet balcony, making it an ideal, turnkey home for first-time buyers, downsizers etc.
The home has been well maintained and will need very little to make it your own.
Additional details can be found below; don't hesitate to get in touch if you have any questions or would like to book a viewing.
Area Southam offers a vibrant market town lifestyle with a thriving high street, local supermarkets, independent shops, cafes, and essential health services.
Families are well served by highly regarded local schools, including St. James Church of England Primary, Southam Primary, and the popular Southam College for secondary education.
Conveniently positioned for commuters, the town features regular bus routes to Royal Leamington Spa, Warwick, and Banbury, with easy access to the major road networks (A425, A423, and M40) and nearby rail links at Leamington Spa and Banbury.
Are you ready to call it your next home; don't delay in booking your viewing today, call now 24/7 on to avoid disappointment.
The property is offered as leasehold with £150 per annum ground rent and £1150 per annum service & maintenance charges.
Please note, all dimensions are approximate/maximums and should not be relied upon for the purposes of floor coverings.
We are required by law to comply fully with The Money Laundering Regulations Act 2017 and as such need to complete aml id verification, and proof / source of funds checks on all buyers once an offer is accepted on a property.
We use I Am Property to complete the necessary checks; this is not a credit check and therefore will have no affect on your credit history. A non-refundable compliance fee of £50.00 inc.
VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.
Material information Tenure Type: Leasehold Council Tax Band: B Construction Type: Standard brick and block with pitched tiled roof Sources of Heating: Gas Sources of Electricity supply: Mains Sources of Water Supply: Mains Primary Arrangement for Sewerage: Mains Broadband Connection: Fibre is showing as available up to 1800mbps Mobile Signal/Coverage: All networks are showing as full strength.
Parking: Allocated Parking Building Safety: Ok Listed Property: No Restrictions: As per deeds Private Rights of Way: As per deeds Public Rights of Way: As per deeds Flooded in Last 5 Years: No Sources of Risk: None Flood Defences: N/A Planning Permission/Development Proposals: N/A Entrance Location: Front Located on a Coalfield: No Other Mining Related Activities: No In accordance with the Consumer Protection from Unfair Trading Regulations 2008 we are required to ensure that all material information in relation to this property is disclosed accurately and transparently.
Material Information refers to anything a potential buyer or tenant would need to know to make an informed decision about the property.
Approach Set back behind a large, open green and bordered by dedicated parking, the property offers an appealing and peaceful approach from the road.
Hall Light and spacious, the L-shaped entrance hall features a large storage cupboard and provides direct access to all main rooms in the apartment.
Kitchen / Dining / Lounge 7.44m x 3.65m - 24'5” x 11'12” The open-plan living area features a comfortable carpeted lounge with French doors opening to a Juliet balcony.
The kitchen and dining space is finished with durable lvt flooring and includes a window alongside integrated appliances: A fridge/freezer, dishwasher, washing machine, electric oven, and induction hob.
Bedroom One 2.98m x 3.18m - 9'9” x 10'5” Bedroom one is a well-proportioned double room with cosy carpeted flooring and two windows that allow plenty of natural light.
Bedroom Two 3.78m x 2.44m - 12'5” x 8'0” Bedroom two is another well-proportioned double room, also fully carpeted and featuring two windows for abundant light.
Bathroom 2.01m x 1.69m - 6'7” x 5'7” Finished with luxury vinyl tile (lvt) flooring, the modern bathroom includes a bath with an overhead shower and full tiling, a sink, a WC, and a heated towel rail.
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
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FAQ
About 62, Mallard Close, Southam
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