2-bedroom terraced house · CV32 7BF
Sold STCListed 144 days
Opportunity summary
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About
SUMMARY OPEN HOUSE - Saturday 13th June 13:00 - 14:00, contact us for details.
PERFECT FIRST TIME PURCHASE***SOUGHT AFTER NORTH LEAMINGTON DEVELOPMENT***WITHIN EASY REACH OF LOCAL AMENITIES***TWO DOUBLE BEDROOMS***LOUNGE DINER***IMMACULATE THROUGHOUT***PRIVATE REAR GARDEN***TWO ALLOCATED PARKING SPACES*** DESCRIPTION Ideally positioned within easy reach of local amenities, schools, and transport links, this modern home offers well-balanced and practical living accommodation throughout.
The property comprises a welcoming entrance hallway, a contemporary fitted kitchen, a convenient downstairs cloakroom, and a spacious open-plan lounge/diner with views over and access to the rear garden—perfect for both relaxing and entertaining.
To the first floor, there are two generous double bedrooms along with a well-appointed family bathroom.
Externally, the property benefits from a beautifully landscaped private rear garden, providing an ideal outdoor space, as well as two allocated parking spaces for added convenience.
This is an excellent purchase for first-time buyers or downsizers seeking a well presented home in a desirable residential location.
Approach The property is set back from the road with a pathway leading to the front entrance.
Entrance Hallway Welcoming entrance hallway with stairs rising to the first floor, an under stairs storage cupboard and a radiator.
Downstairs Cloakroom Fitted with a wash hand basin, low level W/C, partly tiled walls and a radiator.
Kitchen Fitted with wall and base units with complementary work surfaces over and tiling to the splash back areas, incorporating a stainless steel sink and drainer unit.
There is an integrated electric oven, gas hob with cooker hood over and a fridge/freezer, whilst providing space and plumbing for a washing machine and a dishwasher.
Comprising tiled flooring, a radiator and a double glazed window to front elevation.
Lounge Diner Spacious, light and airy lounge diner consisting of laminate flooring, a radiator and double glazed French doors leading to the garden.
First Floor Landing The stairs lead from the hallway. There is access to the loft and doors to both bedroom and the family bathroom.
Bedroom One Double bedroom with a built-in cupboard, a radiator and a double glazed window to front elevation. Bedroom Two Double bedroom with a radiator and a double glazed window to rear elevation.
Bathroom Modern, white three piece suite, fitted with a wash hand basin, Double-ended bath with mixer taps and shower over and a low level W/C.
Having ceiling spotlights, partly tiled walls, a fitted towel rail and an extractor fan. Outside Rear Garden Beautifully landscaped garden being mainly laid to lawn and fence panel enclosed.
With patio and decking areas. Parking Two allocated parking spaces.
Staircasing Orbit Housing Association have advised that they would be prepared to staircase a transaction to 100% Freehold ownership on completion.
This would mean that any potential purchaser would buy the vendors 40% share and the remaining 60% share of the property from Orbit Housing Association to enable the Freehold purchase on completion.
The advertised price is for the 100% Freehold, service charges may apply.
Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending ability. 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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