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2 bed flat for sale Warwick Place, Leamington Spa, CV32

Offers over

£210,000

Reduced on 20/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £264 per sq ft
Tenure: Leasehold; 937 years left(from the agent's description)

Service charge £1,408 a yearGround rent £20 a year EPC E 48 potential B

* From the agent's description. Check it with them before you rely on it.

Key features

TENANTED FROM 2ND SEPTEMBER ACHIEVING £1,350 PCM
7.5% RETURN
OVER 930 YEARS REMAINING ON LEASE
EXCELLENT BUY TO LET INVESTMENT
COMMUNAL RESIDENTS PARKING
GARAGE EN BLOC
POPULAR NORTH LEAMINGTON LOCATION
WITHIN EASY REACH OF LOCAL AMENITIES &TOWN CENTRE

About this property

An excellent investment opportunity to acquire this spacious two double-bedroom first-floor apartment, offering over 790 sq. ft. of well-presented accommodation and currently generating an income of £1,350 per calendar month. Situated in a sought-after North Leamington location, within easy reach of the town centre and its excellent amenities, the property is offered for sale with no onward chain and would make an ideal addition to any investment portfolio.

Floorplan

Energy performance

E 48

Current

Potential

92+

81-91

81 B

69-80

55-68

39-54

48 E

21-38

1-20

This home is rated band E, scoring 48 out of 100. The average British home is band D. Its certificate says it could reach band B (81) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Council tax

Ask agent

Per year

Band A

£1,641
Band B

£1,915
Band C

£2,188
Band D

£2,462
Band E

£3,009
Band F

£3,556
Band G

£4,103
Band H

£4,923

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Warwick, 2026/27 bills run from £1,641 a year in band A to £4,923 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Warwick, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

90 comparables · within 3 miles

Cheaper than 51% of the 2-bed flats for sale nearby right now.

This home, £210,000 Median £215,000 · £160,000 – £320,500

Per square foot

£264 7% under

2-bed flats nearby £283

Against sold prices

31% under

CV32 sold median £383 / sq ft, 1,006 sales

Compared with 90 2-bed flats for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in CV32 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in CV32 →

Location

Warwick Place, Leamington Spa, CV32

Open map Street View

Mortgage and stamp duty

Property price £210,000

£105k £315k

Deposit10% £21,000

£0 £210k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £189,000 mortgage. Most lenders would want a household income of about £42,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
19, The Oaks Flat / maisonette	Flat / maisonette	Dec 2023	775 sq ft £294/sq ft	775 sq ft	£294	£227,500
21, The Oaks Flat / maisonette	Flat / maisonette	Aug 2023	n/a	n/a	n/a	£250,000
24, The Oaks Flat / maisonette	Flat / maisonette	Feb 2023	958 sq ft £318/sq ft	958 sq ft	£318	£305,000
3, The Oaks Semi-detached	Semi-detached	Oct 2022	893 sq ft £285/sq ft	893 sq ft	£285	£255,000
4, The Oaks Flat / maisonette	Flat / maisonette	Feb 2022	775 sq ft £293/sq ft	775 sq ft	£293	£227,000
9, The Oaks Flat / maisonette	Flat / maisonette	Dec 2021	797 sq ft £295/sq ft	797 sq ft	£295	£235,000
8, The Oaks Flat / maisonette	Flat / maisonette	Jul 2021	775 sq ft £303/sq ft	775 sq ft	£303	£235,000
22, The Oaks Flat / maisonette	Flat / maisonette	Feb 2021	936 sq ft £280/sq ft	936 sq ft	£280	£262,500