Located in the heart of Leamington Spa’s sought-after Conservation Area, this third floor one-bedroom apartment offers an excellent investment opportunity. Set within an elegant Georgian townhouse conversion, the property is perfect for vibrant town centre living. Currently let and generating an attractive annual income of £9,300, this is an ideal turnkey buy-to-let investment. The property is tenanted and provides immediate returns for a new owner. Situated on Church Street, tenants benefit from being just a short stroll from Leamington’s renowned shops, cafés, restaurants, and beautiful parks. Excellent transport links and the town’s train station are also within easy reach, further enhancing its appeal. The accommodation briefly comprises a communal entrance hall, a well-proportioned living space with an open plan fitted kitchen and a bright double bedroom. Early viewing is highly recommended to secure this fantastic investment in one of Leamington Spa’s most desirable locations.
Communal Hallway - Entered through a security intercom and having stairs to the third floor entrance into the apartment.
Bedroom - Double glazed dormer window to the rear with a radiator beneath..
Lounge - Having a velux window to the fore with a radiator beneath and eaves storage space. The lounge opens into the kitchen area.
Kitchen - Fitted with a range of beech fronted units to wall and base. There is a stainless steel sink unit set into the counter top and having a double glazed window to the rear. Tiled splashbacks and a wall mounted condensing boiler. Appliances included within the sale are a washing machine, electric oven and fridge freezer.
Shower Room - Having a white suite that comprises a shower cubicle with a electric shower, pedestal wash hand basin and a close coupled wc. Velux window, radiator and tiling to splashbacks.
Tenure - The property is leasehold. The lease is 120 years from 1st January 2013 leaving an unexpired term of 108 years. The annual ground rent is £200 and the maintenance charge is £2,300 per annum.
Fixtures And Fittings - All fixtures and fittings as mentioned in our sales particulars are included; all others are expressly excluded.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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