1-bedroom flat · CV32 5TA
Listing removedListed 390 days
Opportunity summary
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About
Located in the heart of Leamington town centre this one bedroom, ground floor apartment is perfectly situated for bars, restaurants, shops and the station.
With open plan kitchen living area, double bedroom, bathroom, spacious communal areas including a storage utility basement and communal garden.
Share of freehold with 150 years remaining on the lease this apartment would make an excellent investment or first purchase.
COMMUNAL ENTRANCE With entrance door to the side, well maintained and presented communal area with stairs rising to the first floor. The door to the apartment is located on the right.
ENTRANCE HALLWAY 9' 0" x 4' 0" (2.74m x 1.22m) With wooden door from the communal hall, wood flooring, central heating radiator, telephone entry system and doors leading into open plan living room, bedroom and bathroom.
KITCHEN AREA 8' 2" x 7' 8" (2.49m x 2.34m) With a range of wall and base mounted units with complementary granite effect worksurface over incorporating a stainless steel sink and draining unit, built in electric oven with four ring ceramic hob and stainless steel cooker hood above, space for fridge freezer, wood flooring and window to the side.
LIVING ROOM 14' 2" x 12' 8" (4.32m x 3.86m) With a window to the rear, feature electric fire place, wood flooring and central heating radiator.
BEDROOM 18' 10" x 7' 9" (5.74m x 2.36m) With window to the rear, storage cupboard and central heating radiator.
BATHROOM 18' 10" x 7' 9" (5.74m x 2.36m) With a white suite with walk in shower cubicle with shower above, low level W/C, wash hand basin, tiling to the walls and chrome heated towel rail.
COMMUNAL GROUNDS In the cellar leading from the internal communal hallway there is a communal laundry room with separate washing machines for each of the 5 apartments in the block.
There is then access to the communal gardens to the rear of the property with a wall that surrounds with side gate for easy access to the roadside.
TENURE The property has a share of freehold with a 150 year lease and a service charge is £1500 per annum, this information should be checked and verified by your legal representative.
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.
Area
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FAQ
About Beauchamp Avenue, Leamington Spa
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