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House for sale

Russell Street, Leamington Spa, Warwickshire, CV32

Removed £500,000

Property Description

Key features

  • Quality conversion to 6 bed flat, specifically aimed and rented to Warwick university students
  • Close to direct bus access points to Warwick University
  • Fully rented for this calendar year to Warwick University Students
  • Fully furnished
  • Prime spot close to Leamington night life and popular student bars and restaurants

Full description

Tenure: Leasehold


A fantastic opportunity to acquire an investment property in the heart of Leamington Spa town centre. The property has a secure communal entrance with stairs rising to the first floor.
The accommodation comprises a spacious hallway with doors off to six double bedrooms with built in wardrobes, all with en-suite shower rooms which are fully tiled, modern and comprise a shower cubicle, wash hand basin, w.c and heated towel rail. The rooms are furnished with a double bed, mattress, desk and chair.

The apartments are a brand new conversion of former office units on Russell Street and have been developed to a high standard, providing modern town centre living with the students, a stone's throw from an array of bars, restaurants and retails stores. The bus route to Warwick and Coventry University is a moments' walk away from the front entrance.

The property benefits from triple glazing and the communal living area is light and spacious with a fully fitted kitchen with a range of wall and base units and integrated appliances including, double fridge, double freezer, washing machine, dishwasher, eye level oven and grill and gas hob. The apartments are triple glazed throughout and have gas central heating.

The rooms are ALL currently let out at £525 per calendar month excluding bills, providing a monthly income of £3150 and gross yearly income of £34,650 based on an 11 month rental. These rooms have also been let for the 2016 / 2017 academic year.

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
25 August 2016

Map & Street View

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