2-bedroom flat · CV34 6BW
Sold STCListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present to the market this well proportioned top floor apartment boasting enviable open views and outlook to front elevation over parkland being the centre of this popular and well regarded modern estate known as Chase Meadow which is located a mile or so from the centre of the historic market town of Warwick.
The development offers a small parade of local takeaways, convenience store and public houses easy access to popular transport links and networks which include the A46, M40 and railway stations at Warwick Parkway and the town centre all linking the area to London and Birmingham centres of commerce.
The accommodation in brief offers: Well maintained communal areas, entrance hall with loft ladder to part boarded loft space, spacious living/dining room with superb outlook, fitted galley kitchen, principle bedroom with recently refurbished ensuite, second bedroom, main bathroom.
Outside the property benefits from allocated parking space and single garage.
A prospective purchaser will benefit from 'No Chain' on this property and would ideally suit a cash purchaser or investor or young professional with an opportunity to work from home but having easy access to getting to most towns and conurbations close to the development.
Key Information: Service Charge £1,609.02 Ground Rent tbc Tenure Leasehold with 99 years from 1st January 2003.
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 26, Purser Drive, Warwick
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