2-bedroom terraced house · CV33 9FD
For saleListed 16 days
Opportunity summary
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About
SUMMARY TWO DOUBLE BEDROOM TERRACE***IDEAL FIRST TIME PURCHASE***MODERN ACCOMMODATION***LANDSCAPED REAR GARDEN***TANDEM DRIVEWAY FOR TWO CARS***BUILT IN 2020*** DESCRIPTION Situated in the sought-after village of Lighthorne Heath, this beautifully presented two double bedroom mid terrace home was built in 2020 and offers modern accommodation ideal for first-time buyers, young professionals or those looking to downsize.
The accommodation comprises a welcoming entrance hallway, a convenient downstairs cloakroom, a stylish fitted kitchen positioned to the front of the property, and a spacious lounge/dining room to the rear with access to the garden, creating an ideal space for both everyday living and entertaining.
To the first floor are two generous double bedrooms and a family bathroom.
Outside, the property benefits from a private landscaped rear garden, perfect for relaxing or outdoor dining, together with a tandem driveway providing off-road parking for two vehicles.
Location Pattle Close is located within the popular and growing community of Lighthorne Heath, offering an attractive semi-rural setting surrounded by Warwickshire countryside whilst remaining conveniently positioned for access to nearby towns.
Residents benefit from local amenities including a village shop, community facilities, green open spaces and recreational areas, with a wider range of shopping, dining and leisure facilities available in nearby Leamington Spa, Warwick and Stratford-upon-Avon.
The property is well suited to families, with Lighthorne Heath Primary School within walking distance and additional schooling options including Moreton Morrell CofE Primary School, Harbury CofE Primary School and the highly regarded Kineton High School nearby.
Excellent transport links make the location particularly appealing to commuters, with convenient access to the M40 motorway providing routes to Birmingham, Oxford and London, while Leamington Spa Railway Station is approximately six miles away, offering regular rail services to Birmingham, Coventry and London Marylebone.
The area is also ideally placed for major local employers, including the nearby Jaguar Land Rover and Aston Martin facilities.
Staircasing Sparrow Housing Association have advised that they would be prepared to staircase a transaction to 100% Freehold ownership on completion.
This would mean that any potential purchaser would buy the vendors 30% share and the remaining 70% share of the property from Sparrow to enable the Freehold purchase on completion.
The advertised price is for the 100% Freehold, service charges may apply - there is a monthly service charge of £40.72 paid on their 30% share which may still apply).
Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending ability.
Buyer Aml Fee Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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.
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FAQ
About Pattle Close, Lighthorne Heath, Leamington Spa
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