2-bedroom flat · CV31 1BY
Under offerListed 272 days
Opportunity summary
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About
48 Willes Road is a charming two-bedroom first floor apartment, enviably located within a handsome Regency villa in the heart of Leamington Spa.
Just moments from the picturesque Jephson Gardens (440m) and a short stroll to the Parade, this home offers both convenience and character in equal measure.
This impressive villa has been sympathetically converted into apartments, with beautifully maintained communal areas and a recently repainted exterior enhancing its timeless appeal.
With a share of freehold and allocated private parking, it presents an ideal opportunity for first-time buyers or investors.
As you step inside, a spacious entrance hallway welcomes you with useful coat storage and a sense of light and openness.
The apartment’s centrepiece is the open-plan kitchen, dining, and sitting room, tastefully decorated in soft natural tones by the current owners.
Dual-aspect windows flood the space with natural light, while a breakfast bar creates a sociable hub.
The kitchen is both stylish and practical, offering generous cabinet storage, extensive worktops, and a full suite of integrated appliances including ovens, fridge freezer, and dishwasher.
The principal bedroom is a generous double with delightful views across the communal gardens, while the second bedroom—currently used as a study—provides a versatile additional double.
The bathroom has been thoughtfully remodelled to incorporate a utility area with space for a washing machine and dryer. A contemporary waterfall shower and elegant finishes add to its appeal.
Externally, the apartment enjoys access to well-tended communal gardens, providing a peaceful retreat, alongside the rare benefit of private, allocated parking.
Material Information: Council Tax: Band B Local Authority: Warwick District Council Broadband: Ultrafast Available (Checked on Ofcom Sept 25) Mobile Coverage: Variable Coverage (Checked on Ofcom Sept 25) Heating: Gas Central Heating Listed: No | Tenure: Share of Freehold (138 years) Service Charge: £1,346.88 Per Annum Ground Rent: Peppercorn Location: Situated on Willes Road, just 450 metres from the renowned Jephson Gardens, this elegant apartment is ideally positioned in the heart of Leamington Spa.
The town’s vibrant Parade, with its array of restaurants, cafés, boutiques, and cultural amenities, is only a short stroll away.
Leamington Spa’s celebrated parks and green spaces are all within easy reach, with Jephson Gardens (450m), Mill Gardens (400m), and the Pump Room Gardens (750m) providing beautiful settings for leisure and recreation.
Newbold Comyn and its expansive country park (0.8 miles) are also close by.
For commuters, Leamington Spa Train Station (0.9 miles) is within walking distance, offering regular services to London Marylebone (from 1 hour 15 minutes) and Birmingham (from 33 minutes).
The nearby M40 motorway provides excellent connections to the wider Midlands and beyond.
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
Agent & docs
FAQ
About 48, Willes Road, Leamington Spa, Warwickshire, CV31
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