1-bedroom flat · CV34 4UP
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An ideal purchase for a first-time or investment buyer. What do we love about number 57 Spring Pool?
The location is a stroll to the town centre, the fact it is sold with no onward chain, and it is a first-floor apartment with a private balcony.
All of these points are why we know any new owner will love this apartment.
Situated within a five-minute walk of the hustle and bustle of Warwick town centre, yet positioned in the neat, idyllic, well-maintained, quiet small development of Spring Pool.
The area surrounding Spring Pool is a prime location for professionals and commuters, defined by its exceptional connectivity and proximity to key local landmarks.
Residents are just a 15-minute walk (approx.
500m) from Warwick Railway Station, which provides direct access to Birmingham and London Marylebone, while Warwick Parkway is a short drive away for further long-distance options.
The property is also perfectly situated for healthcare workers, being only a 15-minute walk from Warwick Hospital and adjacent to St Michael's Hospital.
For motorists, the A46 and M40 (J15) are easily accessible, offering swift regional links.
Beyond transport, the house is within walking distance of Warwick's historic town centre, where independent boutiques, a vibrant market square, and the expansive greenery of St Nicholas Park provide a high quality of local life.
The apartment boasts a well-maintained communal entrance that allows access to the first and second floors. You can park in your allocated parking space or one of the visitor's allocated spots.
The apartment enjoys a triple aspect, with replacement fitted windows in the last 10 years, drenched with natural light, creating an airy and light apartment with a welcoming feel.
The entrance hall enjoys a cloak cupboard for coats and boots, and a further airing cupboard housing the hot water tank. This allows access to the open-plan accommodation.
The sitting through dining room offers ample space for dining and relaxing, and patio doors leading onto the balcony. Space enough for a relaxing sit while watching the sunsets.
The sitting room enjoys a wall-mounted, remote-controlled, log-effect flat screen fire.
The kitchen is positioned off the dining area and boasts a range of wall and base units, with an integrated electric hob, oven, fridge freezer, and washing machine.
Complementary tiling to the walls and floor with views taken in via the double-glazed window across the development. The master bedroom is accessed via double doors and is of a generous proportion.
Completing the accommodation is the bathroom with a low-level W.C, wash hand basin, bath with shower over, and heated towel rail. We recommend viewing sooner rather than later.
We understand the property to be Leasehold with 147 years remaining. We are informed there is a maintenance and ground rent charge of £91.26 per month. This must be verified by a solicitor.
General Information—Subjective comments in these details imply the opinion of the selling Agent at the time they were prepared. Naturally, the opinions of purchasers may differ.
Agents Note: We have not tested any of the electrical, central heating, or sanitaryware appliances. Purchasers should investigate the workings of the relevant items.
Floor plans are for identification purposes only and not to scale. All room measurements and mileage quoted in these sales particulars are approximate.
Fixtures and Fittings: All fixtures and fittings mentioned in these particulars are deemed to be included in the sale price. Others, if any, are excluded.
However, we would always advise that the purchaser confirm this at the point of offer.
In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all of our clients to confirm their identity.
To complete our quality service, Emma Franklin Estate Agents is pleased to offer the following:- Free Valuation: Please contact the office to make an appointment.
Conveyancing: Fixed price rates agreed with our panel of experienced and respected Solicitors. Please contact the office for further details.
Mortgages: We can offer you free advice and guidance on the best and most cost-effective way to fund your purchase with the peace of mind that you are being supported by professional industry experts throughout your journey.
Emma Franklin Estate Agents for themselves and for the vendors of the property whose agents they are, give notice that these particulars do not constitute any part of a contract or offer, and are produced in good faith and set out as a general guide only.
The vendor does not make or give, and neither Emma Franklin Estate Agents nor any person in his employment has the authority to make or give any representation or warranty whatsoever about this property.
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
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FAQ
About 57, Spring Pool, Warwick, CV34
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