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 %
- Est sale value
- 639,375.66 £Decreased by 27.91 %
- Average area rental value
- 1,410.00 £/moDecreased by 6.44 %
- Est letting value
- 4,305.56 £/moIncreased by 100.00 %
- Est rental Yield
- 9.40 %Increased by 155.43 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Edwards Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Milverton Primary School | Community School | Good | 0.53 KM |
| Warwickshire College Group | Further Education | Good | 0.57 KM |
| The Kingsley School | Other Independent School | 0.83 KM | |
| Trinity Catholic School | Academy Converter | 0.87 KM | |
| St Peter'S Catholic Primary School | Voluntary Aided School | Good | 0.91 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Guy's Cliffe Road | £ 0 | 0 | 0.00 KM |
| Cliffe Road | £ 0 | 0 | 0.00 KM |
| Grove Street | £ 900,000 | 0 | 0.00 KM |
| Oswald Road | £ 0 | 0 | 0.00 KM |
| Riverside | £ 189,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leamington Spa | 4597 | LMS | 1.28 KM |
| Warwick | 4600 | WRW | 4.11 KM |
| Kenilworth | 7985 | KNW | 6.43 KM |
| Warwick Parkway | 8530 | WRP | 7.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bertie Terrace, Warwick Place, Leamington Spa | £ 175,000 | BUY | 4 / 10 | 0.00 KM |
| Bertie Terrace, Warwick Place, Leamington Spa, Warwickshire, CV32 | £ 175,000 | BUY | 5 / 10 | 0.02 KM |
| Bertie Terrace, Warwick Place, Leamington Spa | £ 315,000 | BUY | 6 / 10 | 0.02 KM |
| Bertie Terrace, Warwick Place, Leamington Spa | £ 315,000 | BUY | 6 / 10 | 0.02 KM |
| Bertie Terrace, Leamington Spa | £ 300,000 | BUY | 6 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Union Road | £ 450,000 | 0.09 KM |
| 3 Union Road | £ 221,000 | 0.09 KM |
| 12 Union Road | £ 759,000 | 0.09 KM |
| 8 Union Road | £ 1,300,000 | 0.09 KM |
| 2 Union Road | £ 640,000 | 0.09 KM |