Margetts says ..
UNDER OFFER .... Ready Cash purchases only. A period, two bedroom, first floor converted flat located right in the heart of the county town with opportunity to renovate and invest. Ready Cash purchases only – 61 year lease remaining. We understand the property us GRADE 2 listed, and in Warwick...
Property Oracle says ..
This property is a two-bedroom, first-floor converted flat situated in the heart of Warwick. Its location in a historic town center provides easy access to shops, amenities and transport links. The nearby schools are a significant advantage for families. However, the property’s condition requires attention; the kitchen and bathroom seem dated and would likely need modernisation. The exposed timbers have character, but the overall condition is less than perfect. The photos suggest a lack of outdoor space, impacting overall desirability. The £75,000 list price needs consideration; while competitive compared to some listed properties, buyers should factor in refurbishment costs and the details of the leasehold agreement (61 years remaining). It might be a good investment property for cash buyers wanting a renovation project in a central Warwick location, but less suitable for those seeking move-in ready accommodation. More specific details about the leasehold terms could further refine this analysis.
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
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 419.90
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Metrics Year-on-Year
- Average area value
- 333,859.00 £Increased by 18.14 %
- Est sale value
- 172,159.00 £Increased by 111.34 %
- Average area rental value
- 1,130.00 £/moIncreased by 4.92 %
- Est letting value
- 419.90 £/mo
- Est rental Yield
- 4.06 %Decreased by 11.16 %
- Crime Rate
- 30.00 %Unchanged by 0.00 %
Agent Activity
Margetts marked this listing as sold.
Margetts created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Warwick Nursery School | Local Authority Nursery School | Good | 0.35 KM |
St Mary Immaculate Catholic Primary School | Voluntary Aided School | Good | 0.65 KM |
Coten End Primary School | Community School | Outstanding | 0.77 KM |
Warwick Preparatory School | Other Independent School | 0.87 KM | |
Westgate Children'S Centre | Children's Centre | 0.94 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Green Lane | £ 375,000 | 0 | 0.00 KM |
Puckering's Lane | £ 175,000 | 0 | 0.00 KM |
Broad Street | £ 179,950 | 0 | 0.00 KM |
Bowling Green Street | £ 0 | 0 | 0.00 KM |
Albert Court | £ 162,500 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Warwick | 4600 | WRW | 0.51 KM |
Warwick Parkway | 8530 | WRP | 3.17 KM |
Leamington Spa | 4597 | LMS | 5.25 KM |
Kenilworth | 7985 | KNW | 6.83 KM |
Hatton | 4594 | HTN | 9.99 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Smith Street, Warwick | £ 75,000 | BUY | 4 / 10 | 0.00 KM |
St Nicholas Church Street, Warwick, CV34 | £ 375,000 | BUY | 6 / 10 | 0.12 KM |
Priory Walk, Cross Street, Warwick, Warwickshire, CV34 | £ 165,000 | BUY | Unknown | 0.12 KM |
Priory Walk, Cross Street, Warwick | £ 125,000 | BUY | 5 / 10 | 0.12 KM |
Cross Street, Warwick | £ 155,000 | BUY | 5 / 10 | 0.13 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
3 Goodway Court | £ 286,000 | 0.02 KM |
13 Gerrard Street | £ 361,500 | 0.02 KM |
15 Gerrard Street | £ 430,000 | 0.02 KM |
6 Gerrard Street | £ 825,000 | 0.02 KM |
11 Gerrard Street | £ 480,000 | 0.02 KM |