2-bedroom flat · CV34 5UT
For saleListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this much improved and very spacious two double bedroom second floor apartment situated in a desirable location of Warwick with easy access to the Warwick Parkway Railway Station, Warwick Hospital, Leamington Spa and all major road networks.
Investment Opportunity:- It is currently occupied by respectful tenants with impeccable rental history who would like to remain at the property if purchased by a new landlord.
This incredible investment opportunity provides a respectful rental income of £9600.00 Per Annum or £800.00 Per Calendar Month.
In brief the property comprises:- COMMUNAL ENTRANCE HALL: Secure intercom entrance into communal hallway with stairs rising to first and second floors.
APARTMENT ENTRANCE: HALLWAY: (14'0" x 5'5" MAX) Impressive entrance hallway with wood laminate floor covering, wall mounted electric heating and access to a large walk in storage cupboard.
OPEN PLAN LOUNGE - DINER: (17'10" x 11'8") Spacious open plan lounge - dining room with uPVC double glazed windows to front aspect.
Engineered wood laminate floor covering and wall mounted electric heating.
FITTED KITCHEN - BREAKFAST ROOM: (11' 7" x 8' 3") Fitted with a range of floor and wall mounted units with beech doors and stainless steel handles.
Laminate worktops throughout with composite sink , chrome mixer tap and ceramic tiles to all splashback areas.
There is a free standing, double electric oven, hob and provisions are in place for a washing / drying machine. Laminate floor covering throughout.
BEDROOM ONE: (13' 10" x 10'3") Double bedroom with uPVC double glazed window to rear aspect. Carpet floor covering and wall mounted electric heating.
BEDROOM TWO: (13'10 x 10'7") Double bedroom with uPVC double glazed window to rear aspect. Carpet floor covering and wall mounted electric heating.
FAMILY BATHROOM: (8'3 x 6'3") Fitted with a white porcelain two piece bathroom suite which includes:- Pedestal sink with chrome taps. Bath with chrome taps and electric shower over.
Ceramic tiles to all splashback areas and laminate floor covering. uPVC double glazed window to front aspect. Airing cupboard housing the water tank.
SEPARATE TOILET: Fitted with a low level w/c and uPVC double glazed window to front aspect. Ceramic tiling to all walls and laminate floor covering. STORAGE CUPBOARD: Walk in storage cupboard.
PARKING: Allocated off road parking. LEASE: The term of the lease is 124 years from 26 Sept 1984 so 84 Years remaining. SERVICE CHARGE: The monthly service / ground rent is £66.06.
LOCATION: Harmar Close in Woodloes Park is just 1.7 miles away from the historic market town of Warwick that is home to the world-renown Warwick Castle.
The property offers easy access to all major road networks to include M40, A46, A45, M42 and M6 to name a few.
The property sits just under 4 miles to Leamington Spa and Warwick Parkway Railway Station is just 1.7 miles away.
Excellent road infrastructure to both Jaguar Land Rover and Aston Martin, Gaydon facilities as well as Warwick Hospital being in close walking distance.
LOCAL AUTHORITY: Warwick District Council COUNCIL TAX BAND: B Mortgage Advice: IF YOU WOULD LIKE A FREE MORTGAGE CONSULTATION, PLEASE ASK TO SEE OUR IN-HOUSE MORTGAGE SPECIALISTS.
General Information: TENURE: The property is freehold with vacant possession on completion. SERVICES: All mains services are connected or available but not tested.
A telephone line is installed the transfer of which is subject to BT regulations.
Life Investments have not tested any apparatus, equipment, fittings, etc, or services to this property, so cannot confirm they are in working order or fit for the purpose.
A buyer is recommended to obtain confirmation from their Surveyor or Solicitor. FIXTURES AND FITTINGS: Only those as mentioned in these details will be included in the sale.
MEASUREMENTS: The measurements provided are given as a general guide only and are all approximate. VIEWING: By prior appointment through the Sole Agents.
ADDITIONAL SERVICES: Do you have a house to sell? Life Investments offer a complete and professional service to home owners throughout Warwickshire.
If you are thinking of selling your home, Life Investments offer you a Free Valuation with no obligation whatsoever. Please call us today for details of our service and our competitive fees.
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Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Harmar Close, Warwick, Warwickshire, CV34
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