4 Morecombe Lodge, Merlin Way, Warwick, Warwickshire, CV34
IN

4 Morecombe Lodge, Merlin Way, Warwick, Warwickshire, CV34

By Inspired Villages Group Re-Sales

£ 449,500

Reviews

3 out of 5 stars

Inspired Villages Group Re-Sales says ..

This spacious two bedroom retirement apartment is situated on the first floor of Morecombe Lodge. The apartment comes with a generous double aspect living area with balcony leading to a fully fitted kitchen. It has two large bedrooms, one with its own en-suite, there is also a separate bathroom.

Property Oracle says ..

This is a well-presented two-bedroom retirement apartment located in Warwick, Warwickshire. The apartment is part of a retirement community, Morecombe Lodge, offering residents a range of amenities, including a communal bar, restaurant, gym, and swimming pool (as evidenced in the provided photos). The property itself features a modern, well-equipped kitchen, two spacious bedrooms, and two bathrooms. The photos show a stylish, contemporary interior with high-quality fixtures and fittings, suggesting a property that is well-maintained and move-in ready. The location in Warwick provides access to local amenities and transport links, while the retirement community context suggests a secure and supportive environment for older residents. However, the lack of information regarding the apartment’s square footage and plot size, as well as comprehensive details about the immediate surroundings of the property limits a full assessment of value. Furthermore, the relative value against other nearby housing options that are not retirement-based is unclear due to a lack of comparable size data. The price appears reasonable given the limited comparative market data and the amenities offered in the retirement community, but this should be confirmed via a professional valuation.

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
9
Location
7
Land
2
Bedrooms
2
Bathrooms
2

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
362,200.00 £
Decreased by 11.07 %
from 407,273.00 £
Average area rental value
1,540.00 £/mo
Increased by 7.09 %
from 1,438.00 £/mo
Est rental Yield
5.10 %
Increased by 20.28 %
from 4.24 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Inspired Villages Group Re-Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Heathcote Primary SchoolFree Schools0.38 KM
Kingsway Community Primary SchoolAcademy Sponsor Led1.74 KM
St Patrick'S Catholic Primary SchoolVoluntary Aided SchoolGood1.81 KM
Kingsway Children'S CentreChildren's Centre2.01 KM
Myton SchoolAcademy ConverterGood2.06 KM

Images

Showhome Showhome Showhome Showhome Showhome Austin Heath Village Bar Village Cinema Room Showhome Village Dining Room Village Pool Village Gym

Nearby Streets

NameAverage PriceAverage SqftDistance
Merlin Avenue £ 165,00000.00 KM
Earl Rivers Avenue £ 265,00000.00 KM
Wren Close £ 000.00 KM
Healey Road £ 000.00 KM
Harrison Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leamington Spa4597LMS2.39 KM
Warwick4600WRW3.99 KM
Warwick Parkway8530WRP7.07 KM
Kenilworth7985KNW8.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
4 Morecombe Lodge, Merlin Way, Warwick, Warwickshire, CV34 £ 449,500BUY6 / 100.00 KM
Wise Manor, Merlin Way, Warwick, Warwickshire, CV34 £ 470,000BUY6 / 100.05 KM
Hancock House, Austin Heath, Merlin Way, Warwick, Warwickshire, CV34 £ 515,000BUYUnknown0.06 KM
11 Gallagher Court, Merlin Way, Warwick, Warwickshire, CV34 £ 165,000BUY7 / 100.08 KM
Merlin Way, Warwick £ 165,000BUYUnknown0.08 KM

Nearby Properties

AddressPriceDistance
3 Macbeth Approach £ 722,0000.10 KM
40 Nightingale Avenue £ 365,0000.16 KM
35 Nightingale Avenue £ 389,9950.16 KM
18 Nightingale Avenue £ 344,9950.16 KM
10 Wren Close £ 485,0000.26 KM