The Close, Leamington Spa, Warwickshire
WA

The Close, Leamington Spa, Warwickshire

By Walmsley's The Way to Move

£ 160,000

Reviews

3 out of 5 stars

Walmsley's The Way to Move says ..

An ideal downsize, first time purchase or exceptional investment, this two double bedroom, ground floor maisonette is both spacious and neutrally presented throughout. With a short lease currently dictating only cash buyers, investigation is being made into the costs of renewal. The property, wit...

Property Oracle says ..

This two-bedroom maisonette in Leamington Spa, Warwickshire, presents a potentially attractive opportunity for first-time buyers or investors. Located on The Close, the property benefits from its proximity to Leamington Spa town centre, offering convenient access to shops, restaurants, and transportation. Nearby schools also receive good Ofsted ratings. The property itself appears to be in fair condition, although some modernisation to the kitchen and bathroom might be desirable. The inclusion of a small garden adds to its appeal. However, potential buyers should carefully consider the short leasehold aspect, investigating the cost of renewal and its implications. While the asking price of £160,000 might seem reasonable in context of the location and type of property, a comprehensive survey and leasehold investigation are crucial steps before making an offer. The lack of detailed square footage information for the subject property and comparable listings makes a precise price-per-square-foot analysis impossible. Therefore, further details are needed for a complete evaluation of value for money.

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
6
Location
7
Land
4
Bedrooms
2
Bathrooms
0
Sqft (est)
674.90

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
199,000.00 £
Decreased by 25.44 %
from 266,913.00 £
Est sale value
261,861.20 £
Increased by 15.13 %
from 227,441.30 £
Average area rental value
1,426.00 £/mo
Decreased by 4.68 %
from 1,496.00 £/mo
Est letting value
1,349.80 £/mo
Increased by 100.00 %
from 674.90 £/mo
Est rental Yield
8.60 %
Increased by 27.79 %
from 6.73 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Walmsley's The Way to Move created the listing.

Nearby Schools

NameTypeOfstedDistance
Shrubland Street Community Primary SchoolCommunity SchoolGood0.23 KM
Whitnash Nursery SchoolLocal Authority Nursery SchoolOutstanding0.40 KM
Whitnash Primary SchoolCommunity SchoolGood0.55 KM
Clapham Terrace Community Primary School And NurseryCommunity SchoolGood0.69 KM
VlcOther Independent School0.71 KM

Images

IMG_4964 IMG_4961 IMG_4968 IMG_4967 IMG_4969 IMG_4959 IMG_4962 IMG_4970

Nearby Streets

NameAverage PriceAverage SqftDistance
St John's Road £ 155,00000.00 KM
Arden Close £ 250,00000.00 KM
Althorpe Street £ 000.00 KM
Berrington Road £ 000.00 KM
Cumming Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leamington Spa4597LMS1.28 KM
Warwick4600WRW6.11 KM
Kenilworth7985KNW8.86 KM
Warwick Parkway8530WRP9.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Close, Leamington Spa, Warwickshire £ 160,000BUY6 / 100.00 KM
The Close, Leamington Spa £ 350,000BUY7 / 100.07 KM
The Close, Leamington Spa £ 375,000BUY7 / 100.07 KM
Northway, Leamington Spa, CV31 £ 315,000BUY6 / 100.10 KM
Northway, Leamington Spa £ 300,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
17 The Close £ 244,0000.04 KM
24 The Close £ 177,0000.07 KM
7 The Close £ 155,0000.07 KM
15 The Close £ 150,0000.07 KM
18 The Close £ 70,0000.07 KM