2-bedroom flat · CV34 5LF
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within an attractive canalside development, this well-appointed two-bedroom apartment offers a spacious open-plan living/kitchen area with French doors opening to a Juliet balcony enjoying canal views.
The accommodation includes two double bedrooms, with an en-suite shower room, together with a separate principal bathroom. The property also benefits from a designated undercover parking space.
NO UPWARD CHAIN. Awaiting EPC.
Location - Wharf Street is conveniently located for easy access to both Warwick and Leamington Spa town centres and is close to a wide range of local shops, amenities, parks, and recreational facilities.
Warwick railway station is also within easy walking distance, making the location particularly convenient for commuters. Wharf Court - No.
5 is a well-maintained second-floor apartment offering well-planned and comfortably proportioned accommodation, ideally suited to first-time buyers, professionals or those looking for an investment opportunity.
The accommodation includes two good-sized double bedrooms, with the principal bedroom benefiting from an en-suite shower room, together with a separate bathroom.
A particular feature is the spacious open-plan living, dining and kitchen area, providing an excellent everyday living and entertaining space.
The well-fitted kitchen incorporates a range of integrated appliances, while French doors open onto a Juliet balcony enjoying attractive views over the canal.
Further benefits include a designated undercover car parking space, making this an appealing and conveniently located apartment within easy reach of Warwick town centre.
Communal Entrance Hall & Staircase - With a security entry phone system, leads to the...
Private Entrance Hall - Wall-mounted entry phone system, wood effect floor and doors leading to: Open Plan Breakfast Kitchen/Living Room - 5.79m x 3.58m (19' x 11'9") - Fitted with a range of white-fronted base cupboards and drawer units, complementary work surfaces, and tiled splashbacks, including a stainless steel sink and drainer with a mixer tap.
Integrated appliances include a fridge/freezer, washer/dryer, and dishwasher, along with a stainless steel oven, four-ring ceramic hob, and extractor hood, with high-level cupboards on either side.
Three windows provide additional natural light, while twin French doors open onto a Juliet balcony enjoying attractive views over the canal.
Wood-effect flooring, fitted blinds and an electric timed radiator. Bedroom One - 3.48m x 2.95m (11'5" x 9'8") - With an electric timed radiator and a double-glazed window overlooking the canal.
En-Suite Shower - Fitted with a modern white suite with chrome fittings, comprising a tiled shower enclosure with rainfall shower and separate handheld attachment, wash hand basin with useful storage below and WC.
Tiled flooring and splashbacks, built-in airing cupboard housing the hot water cylinder, and chrome heated towel rail.
Bedroom Two - 3.00m x 3.05m (9'10" x 10') - With a timed electric radiator and a double-glazed side window.
Modern Bathroom - Modern white suite with chrome fittings, including a bath with an overhead shower system and a glazed shower screen, a wash hand basin with storage below, a WC with a concealed cistern, a recessed vanity mirror, and a chrome heated towel rail.
Outside - A designated undercover ground-floor car parking space (number 5) is available, and visitors' parking is available within the development.
Tenure - The property is understood to be leasehold, although we have not inspected the relevant documentation to confirm this.
We are advised that the lease was granted for a term of 125 years from 2014, with a current service charge of approximately £1,895 per annum and ground rent of approximately £175 per annum.
Prospective purchasers should verify these details with their legal adviser prior to exchange of contracts. Further information is available upon request.
Services - All mains services are understood to be connected to the property, except gas.
NB: We have not tested the central heating, domestic hot water system, kitchen appliances or other services, and whilst believing them to be in satisfactory working order, we cannot give any warranties in these respects.
Interested parties are invited to make their own enquiries. Council Tax - Warwick District Council: Council Tax Band B. Directions - CV34 5LF
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 Wharf Street, Warwick
Explore nearby