Bertie Terrace, Warwick Place, Leamington Spa
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Bertie Terrace, Warwick Place, Leamington Spa

By Edwards Estate Agents

£ 175,000

Reviews

2 out of 5 stars

Edwards Estate Agents says ..

An exceptional opportunity awaits in the sought-after location of Leamington Spa. We have the pleasure of offering a unique grade II listed basement apartments, currently stripped back to the bare brick, is primed for transformation and offers boundless possibilities to an inspired property devel...

Property Oracle says ..

This property, a grade II listed basement apartment in Leamington Spa, presents a unique investment opportunity but requires significant consideration. The listing highlights its prime location on Bertie Terrace, a desirable area close to the town centre, offering easy access to amenities and transport links. Nearby schools are also well-regarded, adding to the location’s family-friendly appeal. However, the property is currently in a shell condition, stripped back to brick and in need of full renovation. This necessitates a substantial financial commitment and significant construction work before it can be lived in. The absence of a garden or any outdoor space is a further point to consider. The price of £175,000 reflects the need for renovation but remains competitive for the area, taking into account that similar properties in the same location, although renovated, sell for significantly more. Potential buyers should carefully assess the project’s scope, costs, and timeframe. The potential return on investment could be high given Leamington Spa’s desirability, but the initial outlay and risks are considerable.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
3
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
2,152.78

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
180,000.00 £
Decreased by 63.36 %
from 491,295.00 £
Est sale value
639,375.66 £
Decreased by 27.91 %
from 886,945.36 £
Average area rental value
1,410.00 £/mo
Decreased by 6.44 %
from 1,507.00 £/mo
Est letting value
4,305.56 £/mo
Increased by 100.00 %
from 2,152.78 £/mo
Est rental Yield
9.40 %
Increased by 155.43 %
from 3.68 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Edwards Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Milverton Primary SchoolCommunity SchoolGood0.53 KM
Warwickshire College GroupFurther EducationGood0.57 KM
The Kingsley SchoolOther Independent School0.83 KM
Trinity Catholic SchoolAcademy Converter0.87 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolGood0.91 KM

Images

Front.jpg IMG_8308.jpg IMG_8309.jpg IMG_8310.jpg IMG_8311.jpg IMG_8312.jpg IMG_8313.jpg IMG_8314.jpg IMG_8315.jpg IMG_8316.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Guy's Cliffe Road £ 000.00 KM
Cliffe Road £ 000.00 KM
Grove Street £ 900,00000.00 KM
Oswald Road £ 000.00 KM
Riverside £ 189,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Leamington Spa4597LMS1.28 KM
Warwick4600WRW4.11 KM
Kenilworth7985KNW6.43 KM
Warwick Parkway8530WRP7.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bertie Terrace, Warwick Place, Leamington Spa £ 175,000BUY4 / 100.00 KM
Bertie Terrace, Warwick Place, Leamington Spa, Warwickshire, CV32 £ 175,000BUY5 / 100.02 KM
Bertie Terrace, Warwick Place, Leamington Spa £ 315,000BUY6 / 100.02 KM
Bertie Terrace, Warwick Place, Leamington Spa £ 315,000BUY6 / 100.02 KM
Bertie Terrace, Leamington Spa £ 300,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
14 Union Road £ 450,0000.09 KM
3 Union Road £ 221,0000.09 KM
12 Union Road £ 759,0000.09 KM
8 Union Road £ 1,300,0000.09 KM
2 Union Road £ 640,0000.09 KM