4-bedroom semi-detached house · CV31 3SJ
Sold STCListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY OPEN HOUSE - Saturday 16th May 10:45 - 11:45, contact us for details.
EXCELLENT OPPORTUNITY TO GET ONTO THE PROPERTY LADDER WITH 25% SHARED OWNERSHIP***FOUR BEDROOMS***ACCOMMODATION OVER THREE FLOORS***GENEROUS LOUNGE DINER***DOWNSTAIRS CLOAKROOM***PRIVATE REAR GARDEN***TWO ALLOCATED PARKING SPACES*** DESCRIPTION A well-presented four-bedroom, 25% shared ownership home, ideally positioned within easy walking distance of the town centre and mainline train station, making it perfect for commuters and families alike.
The accommodation begins with a welcoming entrance hallway leading through to a convenient downstairs cloakroom, a spacious lounge and a well-appointed kitchen/diner, ideal for everyday living and entertaining.
To the first floor are two generous bedrooms and a modern family bathroom.
The second floor offers two further well-proportioned bedrooms, providing flexible living space for growing families, home working, or guests.
Externally, the property benefits from a private rear garden, mainly laid to lawn, along with two allocated parking spaces.
An excellent opportunity to step onto the property ladder in a highly convenient and sought-after location.
Approach The property is set back from the road behind the lawned fore garden with a pathway to the front entrance.
Entrance Hallway Welcoming entrance hallway with stairs rising to the first floor, a built-in storage cupboard and a radiator.
Downstairs Cloakroom Fitted with a wash hand basin, a low level W/C and a radiator.
Lounge/Diner 16' 2" x 13' ( 4.93m x 3.96m ) Spacious lounge/diner consisting of a radiator, an air conditioning unit and double glazed windows to front and side elevations.
Kitchen 16' 2" x 10' 11" ( 4.93m x 3.33m ) Fitted with wall and base units with complementary work surfaces over, incorporating a stainless steel sink and drainer unit.
There is an integrated electric oven, an electric hob with cooker hood over, whilst providing space for a washing machine, a dishwasher and a fridge/freezer.
First Floor Landing The stairs lead from the hallway with doors off to bedrooms one and two and the family bathroom.
Master Bedroom 16' 1" x 12' 11" max ( 4.90m x 3.94m max ) Double bedroom having a radiator and double glazed windows to front and side elevations.
Bedroom Three 16' 2" x 6' 6" ( 4.93m x 1.98m ) Double bedroom with a double glazed window to front and side elevation.
Bathroom Three piece suite fitted with a wash hand basin, bath with mixer taps and shower over and a low level W/C. Having a radiator and a double glazed window to front elevation.
Second Floor Landing With an airing cupboard and doors off to bedrooms two and four.
Bedroom Two 12' 1" RHH x 16' 2" max into recess ( 3.68m RHH x 4.93m max into recess ) Double bedroom having a radiator and double glazed windows to side and front elevations.
Bedroom Four 12' 1" x 6' 5" ( 3.68m x 1.96m ) Double bedroom having a radiator and a double glazed window to side elevation.
Outside Rear Garden Good size garden being mainly lawn with a patio area and gated side access. Parking Benefitting from two allocated parking spaces.
Lease/Shared Ownership Details The property is being sold at a 25% share as part of the shared ownership scheme.
The lease term is 125 years from 1st October 2019 and the current monthly rent on the remaining 75% is £775.00. There is an annual service charge of £564.24.
Any agreed sale is subject to Housing Association eligibility criteria and to contact the branch for more details.
The housing association have confirmed stair casing is possible up to 100% (Freehold).
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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Renshaw Drive, Leamington Spa
Explore nearby