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See how verdicts work2-bedroom flat · CV32 6LY
Sold STCListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a peaceful residential setting just a short walk from the town centre, this stylish apartment combines generous living space with modern finishes throughout.
With a bay-fronted living area, well-appointed kitchen, communal gardens and parking, the property is offered to the market chain free with a long lease, presenting a superb turnkey opportunity in one of Leamington’s most desirable locations.
The property is accessed via a well-maintained communal entrance, with stairs rising to the apartment.
Upon entering, a spacious hallway provides access to all principal rooms and offers useful storage, creating a practical and welcoming first impression.
The heart of the home is the light-filled living and dining room, where a charming bay window creates a natural focal point and a defined dining area.
This generous reception space comfortably accommodates both seating and dining, making it ideal for both relaxing and entertaining.
The kitchen is positioned just off the living space and is well appointed with a range of fitted units, integrated appliances and ample worktop space, offering a functional and stylish environment for everyday use.
The principal bedroom is a well-proportioned double room, enjoying a peaceful outlook and providing ample space for freestanding furniture.
A second bedroom offers versatility, ideal as a guest room, home office or additional accommodation depending on the buyer’s requirements.
The bathroom has been tastefully updated with contemporary fittings and tiling, comprising a bath with shower over, wash hand basin and WC, finished to a clean and modern standard.
Externally, residents benefit from well-maintained communal gardens, providing a pleasant outdoor setting, alongside communal parking which adds further convenience to this superbly located apartment.
This is a fantastic opportunity to acquire a stylish and well-positioned home in North Leamington Spa, and early viewing is highly recommended.
****The property is currently let on a short term company let basis with a yield of in excess of 18%.**** Material Information: Council Tax: DELETED Local Authority: Warwick District Council Broadband: Ultrafast Broadband Available (Checked Ofcom Apr 26) Mobile Coverage: Variable Coverage (Checked Ofcom Apr 26) Heating: Gas Central Heating Tenure: Leasehold (964 years) Service Charge - £1,380 PA Ground Rent - Peppercorn Location: Chestnut Court occupies a prime position on the ever-desirable Guy’s Cliffe Avenue, one of Royal Leamington Spa’s most sought-after tree-lined addresses.
This elegant setting offers a superb balance of tranquillity and convenience, just moments from the town centre.
The vibrant amenities of The Parade are approximately 0.5 miles away, providing an excellent selection of independent boutiques, cafés and restaurants.
The property is also ideally positioned for access to Leamington Spa’s renowned green spaces, with the award-winning Jephson Gardens just 0.3 miles away, offering beautifully maintained formal gardens and picturesque riverside walks.
For commuters, Leamington Spa railway station is approximately 0.9 miles away, providing direct services to London Marylebone (around 1 hour 20 minutes) and Birmingham (approximately 30 minutes).
The M40 motorway is also easily accessible, ensuring convenient road links to London, Oxford and the wider Midlands.
While the focus of the location is very much lifestyle and convenience, there are a number of well-regarded schools within easy reach across both Leamington Spa and neighbouring Warwick.
Combining a prestigious address with immediate access to the town’s parks, amenities and transport links, Guy’s Cliffe Avenue represents one of Leamington Spa’s most desirable central locations.
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
Agent & docs
FAQ
About Guys Cliffe Avenue, Leamington Spa, Warwickshire, CV32
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