Summary - OAKFIELD HOUSE FLAT 50 BINSWOOD AVENUE LEAMINGTON SPA CV32 5GD
1 bed 1 bath Retirement Property
Chain-free one-bedroom flat close to town amenities, ideal for downsizers.
Third-floor westerly aspect with bright lounge/dining room
One double bedroom with large walk-in wardrobe/storage
Refitted modern shower room with white sanitaryware
UPVC double glazing; electric storage heating throughout
Generous communal gardens and ample communal parking
Residents' facilities: lounge, on-site manager, guest suite
Leasehold with 60 years remaining — lenders may refuse mortgages
Service charge c. £2,575.08 per year; running costs may be higher
Occupying the third floor of a purpose-built retirement block on Binswood Avenue, this one-bedroom apartment offers low-maintenance living in a prime North Leamington location. The bright lounge/dining room and refitted shower room are cleanly presented, with UPVC double glazing and electric heating throughout. The flat is offered chain-free for a straightforward purchase.
Outside, residents benefit from a southerly communal garden, ample communal parking front and rear, and shared facilities including a residents' lounge, on-site manager and guest bedroom suite. The building is specifically for the over-60s and is within walking distance of Leamington town centre shops, cafés and transport links.
Buyers should note the lease has 60 years remaining. Mortgage lenders commonly refuse lending on leases of this length; purchasers may need a specialist lender or to buy with cash. Service charges run at approximately £2,575.08 per year and there is electric heating, which can increase running costs compared with gas-heated homes.
This apartment will suit a downsizer seeking a well-located, low-upkeep base near town amenities, or an investor prepared to address lease length and financing constraints. The accommodation is compact but practical, with scope to personalise finishes and storage arrangements to fit modern retirement needs.
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