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See how verdicts work2-bedroom flat · CV31 3ST
Sold STCReduced £6.5k (−3.6%) on 25 OctListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well designed and laid out spacious, two double bedroomed apartment with balcony and allocated parking space. Conveniently sited for the town, railway station and Victoria Park.
Price based on 65% Share.
Briefly Comprising; - Communal entrance hallway, stairs and lift to first floor communal landing, large private entrance hallway with store cupboard, good sized L-shaped kitchen/dining/living room with plenty of windows and access to large balcony.
Two good sized double bedrooms, white fitted bathroom. Double glazing. Gas radiator heating. Video entry point. Allocated parking space, communal visitor parking.
Murdoch Court - Forms part of this popular development, and comprises of a larger than average and well thought through, and designed two double bedroomed apartment.
Unusual to find with broadly equal sized double bedrooms, and a very spacious living/dining/kitchen. The property has lots of windows throughout, with pleasant aspects.
A further point of enjoyment from the living/dining room, is the access to the ample balcony. Viewing is highly recommended.
The Property - Is approached via a communal entrance door with entry phone point giving access to hallways, staircases and lifts to Communal First Floor Landing.
Private Entrance Hallway - Being a long, spacious hallway with double glazed window to side elevation, panelled doors to all accommodation, entry phone point and door to useful cloaks store cupboard with slatted shelving and coat hooks.
Large L-Shaped Living/Dining/Kitchen - Kitchen Area - 2.97m x 4.57m max (9'9" x 15' max) - With a range of white wall and base units, with contrasting working surface and matching upstands over, one and a half bowl sink drainer unit with mixer tap, inset four point electric hob with stainless splashback and filter hood over with oven below, space and plumbing for washing machine, space for tall fridge freezer, cupboard housing Worcester combination boiler, double glazed window to side elevation, radiator.
Broad opening with breakfast bar to... Dining/Living Area - 6.07m x 3.58m (19'11" x 11'9") - With three portrait double glazed windows, two to the side and one to the rear elevation.
Radiator, TV aerial point. Further French door with glazed windows to side giving access to large balcony with a decked floor, and stainless and glazed balustrade with excellent views.
Bedroom One - 2.87m x 4.62m (9'5" x 15'2") - With two double glazed windows to side elevation and radiator.
Bedroom Two - 2.90m x 4.32m (9'6" x 14'2") - With two double glazed windows to side elevation and radiator.
Bathroom - Fitted with an attractive white suite to comprise; low level WC, pedestal wash hand basin with mono-mixer, bath with mixer tap with shower attachment, and glazed shower screen, full splashback tiling to splashback areas, radiator, obscure double glazed window to side elevation.
Outside - To the rear of the development there is an allocated parking space (No 6 MC). There are a number of communal doors giving access into the ground floor of the communal hallways.
We are also informed there is a communal additional guest parking facility. Mobile Phone Coverage - Good outdoor, variable in-home signal is available in the area.
We advise you to check with your provider. (Checked on Ofcom 2025). Broadband Availability - Standard/Superfast/Ultrafast Broadband Speed is available in the area.
We advise you to check with your current provider. (Checked on Ofcom 2025).
Rights Of Way & Covenants - The property is sold subject to and with the benefit of, any rights of way, easements, wayleaves, covenants or restrictions etc, as may exist over the same whether mentioned herein or not.
Tenure - Leasehold - The property is understood to be leasehold although we have not inspected the relevant documentation to confirm this.
We understand there to be a 125 year lease (29/07/2022), with 121 years remaining, service charge including ground rent is £1,146.72 per annum. Rent on shared ownership portion is £259.43 pcm.
Please verify this information with your legal advisers. Further details upon request. Services - All mains services are understood to be connected to the property including gas.
NB We have not tested the central heating, domestic hot water system, kitchen appliances or other services and whilst believing them to be in satisfactory working order we cannot give any warranties in these respects.
Interested parties are invited to make their own enquiries. Council Tax - Council Tax Band C. Location - First Floor CV31 3ST
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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About De Normanville Avenue, Leamington Spa
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