South-facing third-floor apartment with balcony and river views — 65% shared ownership or buy 100%.
South-facing balcony with river views
This spacious one-bedroom apartment occupies the third floor of a contemporary riverside development between Warwick and Royal Leamington Spa. The south-facing lounge opens onto a balcony with attractive river views, and the kitchen comes with integrated Smeg appliances and space for dining. The property offers a large bedroom with fitted wardrobes and a four-piece bathroom.
The home is offered as a 65% shared ownership option or can be purchased outright for £205,000, with 119 years remaining on the lease. Practical features include an allocated off-street parking space, lift access, NHBC warranty remaining from new, and quick links to the A46, M40 and Warwick Parkway station — a strong choice for first-time buyers wanting a turnkey, low-maintenance home close to amenities.
Buyers should note this is a leasehold property: service charges are approximately £3,360 per year (approx. £259.33 pcm) and ground rent around £150 per year. Heating is by electric room heaters and the property is on an electricity tariff; this and the medium flooding risk are material factors for running costs and insurance. Crime levels in the immediate area are reported as above average.
Overall this apartment will suit a buyer seeking a modern, low-upkeep riverside home with good transport links and strong rental potential. It presents immediate move-in convenience but also some ongoing costs and environmental considerations to factor into affordability calculations.
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