1-bedroom flat · CV32 5GD
For saleReduced £10k (−6.7%) on 21 JunListed 194 days
Opportunity summary
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About
Summary open house - Friday 24th April 17:00 - 17:30, contact us for details.
** beautifully maintained apartment ** first floor ** one double bedroom ** walk in wardrobe ** shower room ** open plan living area ** communal parking ** no onward chain ** communal gardens ** description This immaculately refurbished first-floor retirement apartment over 55s is set within beautifully maintained communal grounds and is ready to move into.
The property offers light, modern accommodation designed for comfortable and convenient living.
The apartment comprises one generous double bedroom, a stylish open-plan lounge/diner, a modern fitted kitchen, and a contemporary shower room.
Finished throughout to a high standard, the layout is both practical and welcoming, ideal for those seeking a peaceful yet connected lifestyle.
Located just 0.7 miles from Leamington Spa High Street, residents can enjoy easy access to a wide range of shops, cafés, and amenities, while benefitting from the quiet surroundings of this well-regarded retirement development.
An excellent opportunity for anyone looking to downsize without compromise. Communal Entrance Well-maintained communal entrance with stairs rising to the apartment situated on the first floor.
Entrance Hallway Spacious entrance hallway with two storage cupboards and doors to all rooms.
Lounge 15' 1" x 11' 4" ( 4.60m x 3.45m ) Generously sized, light and airy lounge, having two double glazed windows to front elevation.
Kitchen 7' 8" x 11' 4" ( 2.34m x 3.45m ) Fitted with wall and base units with work surfaces over and tiling to the splash back areas, incorporating a sink and drainer unit.
Providing space for appliances and having an electric storage heater.
Bedroom 11' 4" x 9' 9" ( 3.45m x 2.97m ) Double bedroom consisting of walk in wardrobe and a double glazed window to front elevation.
Shower Room Fitted with a wash hand basin, a shower and low level W/c. Having partly tiled walls. Communal Gardens Beautifully maintained, mature communal gardens.
Parking Communal parking as well as visitor parking available. Lease Information The property is leasehold with a lease length of 189 years from 1st January 1986.
The property is subject to management costs to include an annual service charge of £2,575.08. Further information available upon request.
Seller's Comments A modern first floor corner flat in a secure and friendly complex, lots of natural light, quiet location within easy walking distance to town, private gardens and parking, easily accessible from front and side entrances, ready to move into.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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.
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FAQ
About Flat 26, Oakfield House, Binswood Avenue, Leamington Spa
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