Summary - 10 Stephenson Court, Station Approach, LEAMINGTON SPA CV31 3SN
1 bed 1 bath Apartment
Affordable central living near park and station for first-time buyers.
Bright open-plan lounge, dining and kitchen with balcony access
Allocated off-street parking space plus visitor parking
75% shared ownership available; option to buy 100% for £190,000
119 years remaining on lease; no ground rent stated
Service charge approx. £1,059.96 per year; 25% share rent £128.04 monthly
Compact 506 sq ft one-bedroom; limited living/storage space
Area close to train station, town centre and Victoria Park
Local crime level recorded as high — check local reports
This well-presented one-bedroom apartment in Stephenson Court offers an accessible step onto the property ladder in central Royal Leamington Spa. The open-plan living area and private balcony create a bright, practical space for single occupants or couples, with allocated off-street parking and lift access adding everyday convenience.
Sold as a 75% shared ownership (price shown £142,500) with the option to purchase 100% for £190,000 subject to Platform Housing Group agreement, the home suits buyers seeking lower up-front costs. The 119-year lease and no ground rent reduce long-term leasehold concerns; note the annual service charge of approximately £1,059.96 and a rent on the remaining 25% share of £128.04 that will continue if the full share is not purchased.
Location is a genuine strength: a short walk to Leamington Spa town centre, Victoria Park and the train station for commuters. Broadband speeds are fast and mobile signal excellent, supporting home working and connectivity. The block appears modern and well maintained, so immediate major works seem unlikely.
Buyers should be aware of material points: the property is a compact 506 sq ft one-bedroom apartment, so space is limited compared with larger homes. The area records higher-than-average crime levels, which may concern some purchasers. Prospective buyers must also confirm service charge, share rent and any other lease obligations with their solicitor and carry out their own tests on services and appliances.
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