2-bedroom flat · CV32 5EA
Listing removedListed 36 daysAuction 1 Jan · ended
Opportunity summary
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About
To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 27th October 2026 (Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 26th October 2026 AUCTION ENDS: 11:00 on Tuesday 27th October 2026 GUIDE PRICE: £190,000 + Well presented 2 bedroom, 2 bathroom, fourth floor apartment with lift access, with secured undercroft parking.
Located in the heart of Leamington town centre on the corner of Warwick Street and Windsor Street. Leasehold with 973 years remaining. Ideal investment opportunity.
ACCOMMODATION FOURTH FLOOR Hallway: Kitchen: 14 ft 6 in x 7 ft 7 in Lounge: 17 ft 5 in x 19 ft 2 in max Bedroom 1 with ensuite: 18 ft 7 in max x 12 ft 5 in min Dressing area: 6 ft 8 in x 6 ft 5 in Bedroom 2: 18 ft 5 in max, 11 ft 5 in min x 9 ft 8 in max Bathroom: OUTSIDE Communal terrace area.
Secured parking. SERVICES AND HEATING Mains electricity, water and sewage are supplied to the property.
(No tests have been carried out and we are therefore unable to confirm connections.) Electric heating. EPC RATING - D COUNCIL TAX BAND - E TENURE Leasehold with vacant possession.
Term: 999 years from 01/01/2000 Ground rent: Information requested. Service charge: Information requested. Service charge period: Information requested.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT) Buyers Premium: £1,560 (£1,500 plus VAT) Please see the legal pack for any further costs.
Tenure: See Legal Pack Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Apartment 6, The Glass House, Windsor Street, Leamington Spa, Warwickshire CV32 5EA
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