Milverton Terrace, Leamington Spa
KI

Milverton Terrace, Leamington Spa

By Kingsway Estate Agents

£ 190,000

Reviews

3 out of 5 stars

Kingsway Estate Agents says ..

Kingsway Estate Agents are pleased to bring to the market this three-storey mews house, with a share of the freehold, forming the rear section of a converted villa. Milverton Terrace is highly sought after, being just a short stroll from the town centre with its excellent shops, restaur...

Property Oracle says ..

This property is a one-bedroom, one-bathroom flat located on Milverton Terrace in Leamington Spa. The location is a significant positive, as Leamington Spa is a popular and desirable area, boasting excellent amenities, transport links, and good schools. The provided aerial photos show the property is situated in a highly residential area close to the town centre. This proximity is likely to enhance the property’s rental appeal to both professionals and families.

The interior of the property appears to be well-maintained and recently updated, featuring a modern kitchen and bathroom. The images show a newly decorated interior with modern, contemporary furnishings. The overall impression is one of a clean, bright, and functional living space suitable for a single person or a couple. However, the small size of the property is a notable limitation. At only 491.81 square feet, it offers limited living space and could feel somewhat cramped.

The property does benefit from what seems to be a small allocated parking area and shares some access to an outdoor space. While this adds a degree of convenience, it does not provide a substantial outdoor living area such as a private garden. This lack of outdoor space is a key consideration given the desirability of such in the UK property market.

The list price of £190,000 requires further investigation. Although Leamington Spa is an attractive location which typically commands higher prices, the relatively small size of this property will certainly affect its market valuation. To make an accurate assessment of its value, further market research, including comparable property sales, is recommended. This review provides a reasonable overview given the information provided, but an in-person viewing and assessment by a property surveyor is strongly advised before making any purchase decision.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
491.81

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
323,778.00 £
Decreased by 12.49 %
from 369,999.00 £
Est sale value
182,953.32 £
Decreased by 6.06 %
from 194,756.76 £
Average area rental value
1,273.00 £/mo
Decreased by 6.53 %
from 1,362.00 £/mo
Est letting value
491.81 £/mo
Unchanged by 0.00 %
from 491.81 £/mo
Est rental Yield
4.72 %
Increased by 6.79 %
from 4.42 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Kingsway Estate Agents marked this listing as sold.

  • Kingsway Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Milverton Primary SchoolCommunity SchoolGood0.55 KM
Warwickshire College GroupFurther EducationGood0.68 KM
The Kingsley SchoolOther Independent School0.73 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolGood0.74 KM
Trinity Catholic SchoolAcademy Converter1.03 KM

Images

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Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Leamington Spa4597LMS1.11 KM
Warwick4600WRW4.25 KM
Kenilworth7985KNW6.57 KM
Warwick Parkway8530WRP7.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Milverton Terrace, Leamington Spa £ 190,000BUY6 / 100.00 KM
Woodbine Street, Leamington Spa £ 625,000BUY7 / 100.09 KM
Woodbine Street, Leamington Spa £ 599,000BUYUnknown0.09 KM
Union Road, Leamington Spa, CV32 £ 1,750,000BUY8 / 100.10 KM
Warwick Place, Royal Leamington Spa £ 180,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
23 Milverton Terrace £ 695,0000.02 KM
18 Woodbine Street £ 600,0000.09 KM
25 Woodbine Street £ 462,5000.09 KM
4 Woodbine Street £ 95,0000.09 KM
9 Woodbine Street £ 410,0000.09 KM