Flat 4 Dormer House, 55 Binswood Avenue, Leamington Spa
MA

Flat 4 Dormer House, 55 Binswood Avenue, Leamington Spa

By Margetts

£ 215,000

Reviews

2 out of 5 stars

Margetts says ..

Offered with no upward chain, this charming, light and airy two bedroom first floor conversion forming part of an attractive detached villa in one of Leamington Spas tree lined avenues within walking distance of the town centre. Over 170 years left to run on the lease. Viewing highly recommended.

Property Oracle says ..

This two-bedroom apartment, located in the highly desirable Binswood Avenue of Leamington Spa, presents a potentially attractive proposition for buyers. The property benefits from a modern kitchen and updated bathroom, suggesting recent renovation or modernization efforts. The living area features attractive period features, such as high ceilings and large bay windows which, in combination with the light and airy feel demonstrated in the photos, should appeal to many buyers. The location in Leamington Spa is a strong selling point. The town provides access to a good range of amenities, transport links (including the nearby Leamington Spa Train Station), and reputable schools, making it suitable for families and professionals alike. The lack of a garden or outdoor space is a noteworthy drawback for those seeking private outdoor areas. While the listing price appears to be within the local market range, a more precise comparison with similar properties using square footage would provide a more conclusive assessment of its value. Further investigation into the leasehold details (length of lease, ground rent, and service charges) is also essential for prospective buyers to conduct a thorough due diligence. Overall, this apartment presents a well-located and moderately updated option in a desirable town, yet prospective buyers should carefully evaluate its lack of outdoor space and the leasehold terms before making an offer.

Therefore, we give this property 5 / 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
1
Bedrooms
2
Bathrooms
1
Sqft (est)
716.40

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
266,500.80 £
Decreased by 6.06 %
from 283,694.40 £
Average area rental value
1,273.00 £/mo
Decreased by 6.53 %
from 1,362.00 £/mo
Est letting value
716.40 £/mo
Unchanged by 0.00 %
from 716.40 £/mo
Est rental Yield
4.72 %
Increased by 6.79 %
from 4.42 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Margetts created the listing.

Nearby Schools

NameTypeOfstedDistance
Arnold Lodge SchoolOther Independent School0.39 KM
The Kingsley SchoolOther Independent School0.65 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolGood1.03 KM
Milverton Primary SchoolCommunity SchoolGood1.11 KM
St Paul'S Cofe Primary School, Leamington SpaVoluntary Aided SchoolGood1.27 KM

Images

IMG_9257.JPG IMG_9255.JPG IMG_9260.JPG IMG_9264.JPG IMG_9258.JPG IMG_9262.JPG IMG_9252.JPG IMG_9251.JPG IMG_9284-Edit.jpg IMG_9263.JPG IMG_9261.JPG IMG_9256.JPG IMG_9259.JPG IMG_9254.JPG IMG_9253.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Hall Road £ 625,00000.00 KM
Hamilton Terrace £ 000.00 KM
Hill Close £ 000.00 KM
Robina Close £ 000.00 KM
Grove Street £ 900,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Leamington Spa4597LMS1.41 KM
Warwick4600WRW5.57 KM
Kenilworth7985KNW6.78 KM
Warwick Parkway8530WRP8.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 4 Dormer House, 55 Binswood Avenue, Leamington Spa £ 215,000BUY5 / 100.00 KM
Binswood Avenue, Leamington Spa £ 210,000BUY5 / 100.00 KM
Binswood Avenue, Leamington Spa £ 185,000BUYUnknown0.00 KM
Binswood Avenue, Leamington Spa £ 130,000BUY7 / 100.01 KM
Arlington Lodge, Leamington Spa, Warwickshire £ 199,950BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
1 Arlington Avenue £ 1,575,0000.11 KM
29a Arlington Avenue £ 460,0000.14 KM
35 Arlington Avenue £ 442,0000.14 KM
31 Arlington Avenue £ 565,0000.14 KM
33 Arlington Avenue £ 485,0000.14 KM