2-bedroom terraced house · CV47 1FE
Listing removedListed 273 days
Opportunity summary
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About
Summary open house - Saturday 14th February 12:00 - 13:00, contact us for details.
***two double bedrooms***walking distance to southam high street***sold with no onward chain***two allocated parking spaces***master bedroom with built-in wardrobes***low maintenance patio garden*** description This well-presented two double bedroom terrace property is ideally located within minutes of Southam High Street and convenient for Leamington Spa, Warwick, M40, Gaydon, Coventry and Rugby.
The accommodation comprises entrance hall leading a fitted kitchen and a spacious lounge with a good size under stairs storage cupboard.
On the first floor there are two double bedrooms, the master having built in wardrobes and as well as a white three piece suite bathroom Outside the property benefits from a patio garden and two allocated parking spaces directly in front of the house.
This would make a perfect choice as a first time buy, investment opportunity or anyone looking to downsize. This property is being sold with no onward chain.
Southam is a historic market town that offers rural community living with the advantages of town amenities and well regarded primary and secondary schools.
Conveniently situated for Leamington Spa, Warwick, M40, Gaydon, Rugby and Coventry. Approach Via pathway leading to the front door. There is a brick built storage cupboard outside of the property.
Entrance Hallway Welcoming entrance hallway with stairs rising to the first floor and doors to the kitchen and lounge.
Lounge 17' x 11' 8" max ( 5.18m x 3.56m max ) Spacious, light and airy lounge consisting of a built-in storage cupboard, a radiator and a double glazed window to rear elevation.
Kitchen 10' 5" x 6' 11" max ( 3.17m x 2.11m max ) Fitted with wall and base units with complementary work surfaces over and tiling to the splash back areas, incorporating a sink and drainer unit.
Providing space for appliances and housing the gas central heating boiler. With a double glazed window to front elevation.
First Floor Landing The stairs lead from the hallway with doors to both bedrooms and the family bathroom.
Bedroom One 11' 8" x 9' 8" max ( 3.56m x 2.95m max ) Double bedroom having a radiator and a double glazed window to front elevation.
Bedroom Two 11' 6" x 7' 11" ( 3.51m x 2.41m ) Double bedroom benefitting from built-in wardrobes, a radiator and a double glazed bay window to rear elevation.
Bathroom White three piece suite, fitted with a wash hand basin, bath with shower over and a low level W/C. Having fully tiled walls and a heated towel rail.
Outside Garden Low maintenance garden being mainly laid to patio and fence enclosed. Parking Tarmac driveway providing off road parking for two cars. 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.
Area
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FAQ
About 2, The Cloisters, Southam
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