Warwick Place
Leamington Spa
2Bedrooms1Bathroomsflat
Offers over£210,000
1/9
Offers over:£210,000
Property details
Key features
- TENANTED FROM 2ND SEPTEMBER ACHIEVING £1,350 PCM
- 7.5% RETURN
- OVER 930 YEARS REMAINING ON LEASE
- EXCELLENT BUY TO LET INVESTMENT
- COMMUNAL RESIDENTS PARKING
- GARAGE EN BLOC
- POPULAR NORTH LEAMINGTON LOCATION
- WITHIN EASY REACH OF LOCAL AMENITIES &TOWN CENTRE
Council Tax Band:
C
Tenure:
Leasehold
Ground Rent:
£20.00
Ground Rent Review Period:
Contact Branch
Annual Service Charge:
£1,407.96
Length of Lease:
937 years
An excellent investment opportunity to acquire this spacious two double-bedroom first-floor apartment, offering over 790 sq. ft. of well-presented accommodation and currently generating an income of £1,350 per calendar month.
Situated in a sought-after North Leamington location, within easy reach of the town centre and its excellent amenities, the property is offered for sale with no onward chain and would make an ideal addition to any investment portfolio.
The accommodation comprises a well-maintained communal entrance, generous open-plan lounge/dining room with access to a private balcony, separate fitted kitchen, two double bedrooms, and a family bathroom.
Outside, the property benefits from a garage en bloc together with residents communal parking.
Combining a highly desirable location, spacious accommodation extending to over 790 sq. ft., and an established rental income, this is an attractive investment opportunity in the heart of North Leamington Spa.
Lease Information
The property is leasehold with a lease length of 999 years from 25-Mar-1964. The property is subject to management charges to include an annual ground rent of £20.00 and an annual service charge of £1,408.
Buyer Aml Fee
Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Situated in a sought-after North Leamington location, within easy reach of the town centre and its excellent amenities, the property is offered for sale with no onward chain and would make an ideal addition to any investment portfolio.
The accommodation comprises a well-maintained communal entrance, generous open-plan lounge/dining room with access to a private balcony, separate fitted kitchen, two double bedrooms, and a family bathroom.
Outside, the property benefits from a garage en bloc together with residents communal parking.
Combining a highly desirable location, spacious accommodation extending to over 790 sq. ft., and an established rental income, this is an attractive investment opportunity in the heart of North Leamington Spa.
Lease Information
The property is leasehold with a lease length of 999 years from 25-Mar-1964. The property is subject to management charges to include an annual ground rent of £20.00 and an annual service charge of £1,408.
Buyer Aml Fee
Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Utilities, rights & restrictions
Expand
Utility Supply:
- ElectricityMains Supply
- WaterMains Supply
- HeatingElectric
- BroadbandFTTC
- SewerageMains Supply
Rights & Restrictions:
- Private rights of wayfalse
- Public rights of wayfalse
- Listed propertyfalse
- Restrictionsfalse
Risks:
- Flooded in last 5 yearsfalse
- Flood defencesContact branch
- Source of floodContact branch
Guidance Notes
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(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) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.Use Our Homefinder Service
With our HOME FINDER SERVICE, we get a real understanding of what is on your wish list and then put all of our experience, local knowledge, branch network and extensive contacts to work to find your perfect property.
Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.
Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.
If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.
** The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 29/01/26.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
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Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
