Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1
Agent: Leaders - Leamington Spa Phone: 01926 566681
Located in the heart of Leamington Spa, this stunning one-bedroom second-floor apartment is set within the beautiful and characterful Town House building, offering attractive views across the park and towards the town.<br/><br/>The apartment forms part of an elegant period property positioned on Kenilworth Road, one of the town’s most desirable locations. From its elevated second-floor position, the property enjoys lovely outlooks over nearby green space and across Royal Leamington Spa, creating a bright and pleasant living environment.<br/><br/>Internally, the apartment provides well-proportioned accommodation with a spacious living area, a fitted kitchen, a comfortable double bedroom, and a modern bathroom. Large windows allow plenty of natural light to fill the apartment while showcasing the attractive views over the park.<br/><br/>The property is ideally situated within walking distance of the town centre, offering easy access to the wide range of independent shops, cafés, restaurants, and amenities that Leamington Spa is well known for, as well as excellent transport links.<br/><br/>This apartment represents an ideal first-time purchase for those looking to step onto the property ladder, while also offering a fantastic investment opportunity due to its sought-after location and strong rental appeal.<br/>The property benefits from 976 years remaining on the lease, providing long-term security for buyers and investors alike.<br/><br/>Service Charge: £3,166 per annum<br/>Ground Rent: £514 per annum<br/><br/>The property is currently subject to a managed tenancy agreement and is being sold with tenants in situ. The tenancy has been in place since 27.11.21, producing a gross yield of approximately 6.1% based on the asking price. The minimum initial tenancy term is 12 months. Buyers should note that vacant possession purchasers will be required to provide a minimum of four months’ notice following an agreed sale. Full tenancy and lease information is available from the agent, and all interested parties should make their own enquiries prior to proceeding.
