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See how verdicts work2-bedroom flat · CV34 4JZ
For saleReduced £11k (−5.9%) on 21 JunListed 395 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No upward chain. Opportunity to buy 100% or 50% share.
A well presented ground floor, two bedroom, purpose-built apartment of the larger design with ensuite shower room, enjoying allocated car parking space, vehicle gated entry and easy access to Warwick town centre, Warwick Racecourse, and Sainsbury’s etc.
Please do call the office to arrange A viewing. Communal front door with communal entry phone system opens into the communal reception hall.
Ground Floor Reception Hall With entry phone, hive control, radiator, and deep storage cupboard with shelving.
Delightful Lounge/Dining Room (5.59m x 3.66m (18'4" x 12'0")) With twin double glazed windows, radiator, television aerial connection point, sky point, and square arch through to the Fitted Kitchen (2.67m x 2.07m (8'9" x 6'9")) With dark roll edge work surfacing incorporating a four ring gas hob and one and a quarter bowl single drainer sink unit with mixer tap, base unit beneath and range of eye level wall cupboards including cooker hood.
Space and plumbing for washing machine and space suitable for a large style fridge freezer. Boiler cupboard housing the gas fired combo central heating boiler.
Bedroom One (4.24m max reducing to 3.18m x 3.17m (13'10" max re) With radiator and double glazed window.
Refurbished Ensuite Shower Room With corner shower cubicle, adjustable shower, wash hand basin with drawer beneath, vanity unit and mixer tap, low level WC, tiled splashback areas and heated towel rail.
Bedroom Two (4.27m max x 1.78m max reducing to 0.97m (14'0" max) Currently used as a dressing room but ideal as a study or second single bedroom with double glazed window and radiator.
Outside The property enjoys communal grounds and gardens. Parking We understand there is an allocated car parking space for the property and the development enjoys gated entry and gated exit.
General Information The seller informs us that the property has direct full fibre broadband connected should you desire. (Terms and conditions will apply from your supplier).
The property has access to Sky connection. (Again terms of conditions from sky will apply). The property is leasehold with approximately 130 years left to run.
The lease is from the 25th July, 2005 for 150 years less one day.
Should you just purchase the 50% Share at £93,500 then we understand from the sellers the 50% rental is currently charged at £277.27 per calendar month subject to annual review.
The current service charge is £137.47 subject to an annual review. We are awaiting the cost of the ground rent.
The property is a shared ownership option and we understand it is available at 50% option and there is 100% option.
The current leaseholder holds 50%, so, should you wish to purchase the 100%, the extra 50% would need to be "staircased" at the same time as the purchase.
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
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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 33, Turberville Place, Warwick
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