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Westlea Road, Leamington Spa

PROPERTY TYPE

Semi-Detached

BEDROOMS

7

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • CURRENT HMO GENERATING £36,000 GROSS ANNUAL INCOME
  • SEMI DETACHED FULLY COMPLIANT HMO LAYOUT
  • SEVEN BEDROOMS
  • DRIVEWAY TO THE FRONT
  • BATHROOM WITH ADDITIONAL SHOWER ROOM FOR TENANT CONVINIENCE
  • WELL MAINTAINED THROUGHOUT
  • STRONG RENTAL DEMAND BEING CLOSE TO THE TRAIN STATION
  • FANTASTIC INVESTMENT PURCHASE

Description


SUMMARY
** WELL MAINTAINED SEMI DETACHED FULLY COMPLIANT HMO LAYOUT ** SEVEN BEDROOMS ** CURRENT HMO GENERATING £36,000 GROSS ANNUAL INCOME** GREAT INVESTMENT PURCHASE ** DRIVEWAY TO THE FRONT ** EPC RATING C ** NO ONWARD CHAIN **COUNCIL TAX BAND B ** STRONG RENTAL DEMAND BEING CLOSE TO THE TRAIN STATION **


DESCRIPTION
A fantastic investment opportunity to acquire this substantial seven-bedroom semi-detached property, currently operating as a House in Multiple Occupation (HMO) and generating an agreed rental income of £3,000 per calendar month, with scope to increase.

The property offers spacious and well-proportioned accommodation arranged over two floors, comprising seven bedrooms, a communal lounge, fitted kitchen, utility room, family bathroom and shower room and a convenient downstairs cloakroom. The layout lends itself perfectly to multi-let accommodation, making it an attractive prospect for investors seeking an established rental property with strong returns.

Externally, the property benefits from a driveway providing off-street parking, offering added convenience for residents.

The property is offered to the market with no onward chain and is ideally situated close to the train station, providing excellent transport links and making it a desirable location for tenants.

This is a great opportunity for investors looking for a well-located property with immediate rental income.

Entrance Hallway 
Welcoming entrance hallway with stairs rising to the first floor and doors to bedroom two and the lounge.

Lounge 10' 11" x 10' 5" ( 3.33m x 3.17m )
Spacious, light and airy lounge with a window to rear elevation and doors to bedrooms one and three as well as the kitchen

Kitchen 15' 6" x 9' 5" ( 4.72m x 2.87m )
Fitted with base units with complementary work surfaces over and tiling to the splash back areas, incorporating a sink and drainer unit. Providing space for appliances, a window to side elevation, access to the utility cupboard and doors to the side, bedroom four and the downstairs W/C.

Downstairs W/C 
Fitted with a wash hand basin and a low level W/C.

Bedroom One 14' 2" max x 12' 10" ( 4.32m max x 3.91m )
Bay-fronted double bedroom.

Bedroom Two 12' 11" x 9' 10" ( 3.94m x 3.00m )
Double bedroom with a window to front elevation.

Bedroom Three 13' x 9' 3" ( 3.96m x 2.82m )
Double bedroom with a window to rear elevation.

Bedroom Four 10' 4" x 9' 10" ( 3.15m x 3.00m )
Double bedroom with a window to side elevation.

First Floor 

Landing 
With doors to bedrooms five, six and seven as well as the bathroom and separate shower room.

Bedroom Five 11' 1" x 11' 7" ( 3.38m x 3.53m )
Double bedroom with a window to rear elevation.

Bedroom Six 7' x 14' 3" ( 2.13m x 4.34m )
Double bedroom with a window to rear elevation.

Bedroom Seven 11' 1" x 11' 4" ( 3.38m x 3.45m )
Double bedroom with a window to front elevation.

Bathroom 
White three piece suite fitted with a wash hand basin, bath and low level W/C. With a window to front elevation.

Shower Room 
Fitted with a wash hand basin and a shower cubicle.

Outside 

Parking 
Driveway providing off road parking.

Garden 



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Brochures

PDF Property ParticularsFull Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Back garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Westlea Road, Leamington Spa

Approximate location

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Affordability

Monthly repayments£2,508
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Connells, Leamington Spa

7-8 Euston Place, Leamington Spa, CV32 4LL
Industry affiliations:

Whether you’re selling, letting or searching for your next home, our experienced team is here to help. Established in 1936, Connells has been helping people move home for generations and as the UK’s largest high-street estate agency network, we provide a wide range of services including sales, lettings, mortgages, conveyancing and surveying. With expert advice and support at every stage, we’re here to make your move as straightforward as possible - get in touch with the team today.

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Disclaimer - Property reference SPA309805. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Connells, Leamington Spa. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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