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See how verdicts work3-bedroom terraced house · CV31 3PU
Sold STCListed 32 days
Opportunity summary
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About
Victoria Street is an exceptionally attractive and thoughtfully designed period home, combining elegant original character with a series of carefully considered modern improvements.
Originally arranged as a two-bedroom house, the property now provides three-bedroom accommodation following the professional conversion of the basement.
The basement conversion has the benefit of planning permission and Building Regulations approval, with a Type C tanking system, sump pump and approximately eight years remaining on the associated guarantee.
There is also potential to install a shower within the lower-ground WC by removing the adjoining storage cupboard, subject to any necessary consents.
Further improvements include gas central heating installed during 2022/2023 and a recently renewed roof covered by a warranty.
The house is beautifully presented throughout, with a calm and cohesive interior scheme complementing its high ceilings, bay windows, timber floors, panelled walls and period-style detailing.
The layout extends to approximately 1,146 sq ft and provides an excellent balance of reception, bedroom and practical space.
The front door opens into a long entrance hall, with stairs rising to the first floor and doors leading into the principal ground-floor rooms.
Positioned at the front of the house, the living room measures approximately 11'2" x 14'1".
A wide bay window fitted with plantation-style shutters fills the room with natural light, while exposed timber floorboards and a traditional fireplace create an attractive focal point.
The room is generously proportioned, providing ample space for sofas and freestanding furniture.
An opening connects the living room with the dining area, creating a sociable flow between the two reception spaces while allowing each room to retain its own identity.
The dining area measures approximately 11'5" x 11'7" and continues the exposed timber flooring.
There is plenty of room for a substantial dining table and chairs, while the generous ceiling height and carefully chosen decorative finishes give the room a particularly welcoming feel.
From here, doors provide access to the kitchen, entrance hall and staircase descending to the converted basement.
Positioned at the rear, the kitchen measures approximately 7'5" x 11'5" and is fitted with a smart range of shaker-style wall and base cabinets.
These are complemented by contrasting work surfaces, deep blue metro-tiled splashbacks and under-cabinet lighting.
There is a range-style cooker with an extractor above, together with spaces for further appliances. A window overlooks the courtyard and a glazed door opens directly outside.
The first-floor landing provides access to two bedrooms and the family bathroom. The principal bedroom is an especially impressive room measuring approximately 14'8" x 11'8".
Two windows bring plenty of natural light into the room, while the generous proportions comfortably accommodate a large bed and freestanding bedroom furniture.
Subtle wall panelling, fitted shelving and neutral carpeting complete the tasteful presentation. Bedroom two measures approximately 9'4" x 11'9" and is another well-proportioned bedroom.
Currently arranged to accommodate both a bed and workspace, it would make an excellent second double bedroom, guest room or home office.
The family bathroom measures approximately 7'6" x 8'1" and has been finished to an excellent standard.
Large-format neutral tiles are complemented by a contemporary freestanding bath, separate glazed shower enclosure, vanity wash basin and WC.
Recessed lighting, an illuminated mirror and a heated towel rail complete the room. The lower-ground floor has been professionally converted to create a valuable third bedroom.
This versatile accommodation would work equally well as a guest bedroom, teenager’s room or private home office.
The basement bedroom measures approximately 9'8" x 13'5" and includes a front bay providing natural light. The room is attractively decorated with panelled walls and recessed ceiling lighting.
An adjoining WC is fitted with a toilet and wash basin.
A useful storage cupboard sits alongside and could potentially be removed to create sufficient space for a shower, subject to any necessary consents and alterations.
The basement also includes a useful hall and further storage. Outside, the property offers an attractive front garden and an enclosed, low-maintenance rear courtyard.
The front garden has been landscaped with gravelled areas and established planting, while the rear courtyard provides a private space for outdoor seating, dining and container planting.
Resident permit parking is available on Victoria Street, with the current permit cost understood to be approximately £25 per year.
Purchasers should confirm the availability, cost and conditions of permits directly with the local authority.
Material Information: Council Tax: Band D Local Authority: Warwick District Council Broadband: Ultrafast Broadband Available (Checked on Ofcom Sep 26) Mobile Coverage: Good/Variable Coverage (Checked on Ofcom Sep 26) Heating: Gas Central Heating Listed: No Tenure: Freehold Location: Victoria Street is a highly regarded residential address situated immediately beside Victoria Park and Leamington Spa Bowling Club.
The location combines a peaceful setting with exceptional convenience for the town centre, railway station, parks and everyday amenities.
Victoria Park is approximately 0.1 miles away and provides attractive riverside walks, tennis courts, a children’s play area and extensive open green space.
The adjoining Leamington Spa Bowling Club is internationally renowned as a venue for major bowls championships.
Leamington Spa railway station is approximately 0.5 miles away and provides direct services to London Marylebone, Birmingham, Coventry and Oxford.
The Parade and the heart of Royal Leamington Spa are approximately 0.7 miles away, offering an excellent selection of independent shops, cafés, restaurants and bars, together with major retailers and the Royal Priors Shopping Centre.
The Pump Room Gardens are approximately 0.6 miles away and lead into the beautifully maintained Jephson Gardens, approximately 0.9 miles from the property.
Newbold Comyn, with its extensive parkland, leisure centre and recreational facilities, is approximately 1.5 miles away. A range of well-regarded schools can be found nearby.
St Peter’s Catholic Primary School is approximately 0.3 miles away, while Clapham Terrace Community Primary School is approximately 0.7 miles away.
Kingsley School, Arnold Lodge School, Warwick School and King’s High School are also within convenient travelling distance.
Historic Warwick town centre is approximately 2 miles away, providing further shops, restaurants and attractions, including Warwick Castle, St Nicholas Park and Warwick Racecourse.
The property is well placed for access to the A46 and the wider Midlands road network, with Junctions 13 and 14 of the M40 approximately 3.5 miles away.
Coventry is approximately 10 miles away, Stratford-upon-Avon approximately 11 miles and Birmingham approximately 27 miles.
The combination of an attractive period setting, immediate access to Victoria Park and exceptional convenience for the station and town centre makes Victoria Street one of Leamington Spa’s most appealing locations.
All distances are approximate.
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 Victoria Street, Leamington Spa, Warwickshire, CV31
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