2-bedroom flat · CV34 5BS
Sold STCListed 229 days
Opportunity summary
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About
Being conveniently situated within easy reach of Warwick railway station and the town centre, this ground floor flat is offered for sale with the benefit of no onward chain and offers good scope and potential for a purchaser to improve and redecorate to personal taste and style.
Having gas fired central heating and UPVC double glazing, the accommodation includes a spacious lounge, together with kitchen, two bedrooms and bathroom.
Externally the flat has its own private garden to the rear, along with a tarmacadam hardstanding.
This is a good opportunity for either a first-time purchaser or alternatively a residential buy-to-let investment.
We understand that mains water, gas, electricity and drainage are connected to the property.
We have not carried out any form of testing of appliances, central heating or other services and prospective purchasers must satisfy themselves as to their condition and efficiency.
Location - Woodville Road is conveniently situated within walking distance of Warwick Hospital, Warwick railway station and the town centre which, along with its famous castle, offers a wide range of shops and independent retailers, bars, restaurants and parks.
Warwick Station offers regular commuter rail links to numerous destinations including London and Birmingham, there also being excellent local road networks locally, including the A46 which links directly to the M40, as well as links to Leamington Spa, Stratford upon Avon, Kenilworth and Coventry.
On The Ground Floor - UPVC entrance door opening into:- Reception Hallway - With wall mounted Main gas fired boiler, door to bathroom and door to:- Lounge - 3.61m x 5.66m (11'10" x 18'7") - plus depth of UPVC double glazed bay window.
With two central heating radiators, further UPVC double glazed window to side elevation and door to:- Kitchen - 5.23m max x 2.44m max (17'2" max x 8'0" max) - Fitted with a range of light wood effect units comprising base cupboards and drawers with roll edged worktops over and tiled splashbacks, a range of matching wall cabinets, stainless steel sink unit with double cupboard below, space and connection for gas cooker with stainless steel filter hood over, central heating radiator and UPVC double glazed door giving external access to the rear garden.
Bedroom One - 3.71m max x 2.97m max (12'2" max x 9'9" max) - forming an 'L' shape. Wit UPVC double glazed window and central heating radiator.
Bedroom Two - 3.76m x 2.21m (12'4" x 7'3") - With UPVC double glazed window and central heating radiator.
Bathroom - With three piece white suite comprising low level WC, pedestal wash hand basin, panelled bath with Mira electric shower unit over and central heating radiator.
Outside - Garden - To the rear of the property is an enclosed paved garden providing ample space for garden furniture, barbecue etc.
A gate opens from the garden to:- Tarmacadam Hardstanding - Which is large enough to provide off-road parking space for one small car and alongside of which is communal bin store which serves both number 7 and neighbouring flats.
Tenure - The property is to be sold with the benefit of a new 999 year lease. There will be no ground rent payable.
Service Charge - The service charge is in the process of being calculated, but is expected to be approximately £100 per calendar month. Directions - Postcode for sat-nav - CV34 5BS
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.
Area
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FAQ
About Woodville Road, Warwick
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