We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom detached house · CV31 3PQ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire an impressive Grade II listed detached villa, occupying a prominent position within easy walking distance of the centre of Leamington Spa.
Extending to approximately 5,400 sq ft, this substantial period residence offers an exceptional degree of flexibility and is currently arranged as three self-contained apartments and an attached three bedroom cottage, each benefiting from its own private entrance.
Rich in character and impressive in scale, the accommodation provides a total of 5-7 bedrooms, four kitchens and four bathrooms, thoughtfully distributed across the individual apartments to create independent and versatile living spaces.
The existing configuration presents an excellent opportunity for investment, multi-generational living or a combination of owner occupation and rental income.
Alternatively, there is considerable potential to restore the property to a magnificent single residence, subject to obtaining the necessary planning and listed building consents.
The location is a particular highlight, combining the architectural character and proportions of a substantial period villa with the convenience of central Leamington Spa living.
The town's excellent selection of independent shops, boutiques, restaurants, cafés and leisure facilities are all within easy reach, together with excellent road and rail connections.
Offered for sale with no onward chain, this is an unusual and highly versatile opportunity, equally suited to those seeking an investment, a substantial multi-generational property or the potential to create an outstanding single family residence in one of Leamington Spa's most desirable and convenient settings.
Outside The villa is set back behind a generous frontage, providing off-road parking and an attractive approach to the property.
To the rear, three garages offer further secure parking, workshop or storage facilities, while private gardens to both the front and rear provide established outdoor space rarely found with a property of this scale so close to the town centre.
Situation Avenue Road occupies a prime position within the historic town of Royal Leamington Spa, renowned for its elegant Regency architecture, attractive tree-lined avenues and beautiful formal gardens.
Originally a small village, Leamington developed rapidly during the late 18th and early 19th centuries following the growing popularity of its natural spa waters, establishing itself as one of the country's most fashionable spa towns.
Today, the town retains much of its original architectural character while offering a vibrant and cosmopolitan lifestyle.
Avenue Road is particularly well placed for access to the town centre, with its excellent selection of independent boutiques, restaurants, cafés and cultural attractions close at hand.
Leamington's renowned parks further enhance the setting, while excellent road and rail connections make the location equally convenient for commuters, Leamington Spa railway station is particularly accessible, being approximately a five-minute walk away.
The station provides excellent direct rail links to London, Birmingham and Oxford, making this an especially convenient location for those commuting to these major centres.
Property Ref Number: Ham-66947 Additional Information Additional Information The attached cottage is currently occupied by a long-standing tenant and is offered for sale subject to the existing tenancy.
The tenancy provides the occupier with significant statutory protection and prospective purchasers should therefore be aware that vacant possession is not available on completion.
The property represents an opportunity for an investor seeking an income-producing asset with an established tenancy in place.
Purchasers should make their own enquiries regarding the terms of the tenancy, the rent payable and the statutory rights afforded to the tenant.
Further potential The property also benefits from a generous basement area, offering exciting potential for future enhancement, subject to the necessary consents and approvals.
The space could lend itself to a variety of uses, including additional accommodation, a home office, gym, studio or ancillary living space.
With careful planning and sympathetic conversion, the basement could significantly enhance both the versatility and overall appeal of the property, providing an excellent opportunity for a purchaser to add value.
EPC - Apartments A, B and D - Rated D Attached Cottage - Rated F
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 advisers 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
.png)
FAQ
About 24, Avenue Road, Leamington Spa
Explore nearby