Summary - 25, Turberville Place, WARWICK CV34 4JZ
2 bed 2 bath Apartment
Ideal starter home with gated parking and easy links to town and station.
50% shared ownership with option to staircase to 100% ownership
Long lease: 130 years remaining
Approx 600 sq ft — compact two-bedroom layout
Upgraded kitchen, open-plan lounge/diner, en-suite to principal bedroom
Allocated gated parking behind electric gates
Service charge approx £1,889 per year
Medium flood risk — factor in insurance costs
Higher local recorded crime rate — consider personal security measures
This well-presented first-floor apartment offers an accessible entry into homeownership through a 50% shared ownership arrangement. The open-plan lounge/diner and upgraded kitchen create a light, practical living space suitable for a single occupant or couple, with an en-suite to the principal bedroom and a separate family bathroom. There is an allocated parking space behind electric gates and the property is offered chain-free.
Practical details suit buyers planning to build equity: a long lease of 130 years, the option to staircase to 100% ownership, and straightforward gas central heating. The location puts Warwick town centre, the station and main road links within easy reach, making commuting and local amenities convenient.
Buyers should note running costs and local context: the average annual service charge is £1,889, and the property is leasehold. The development sits in an area with higher recorded crime and a medium flood risk; these are material factors to consider for insurance and long-term suitability. The apartment’s overall footprint is modest (around 600 sq ft), best matched to first-time buyers or those seeking a compact, low-maintenance home.
Overall, this apartment is a practical starter home with scope to increase ownership and capitalise on a central Warwick address. It balances ready-to-live-in presentation with realistic ongoing costs and site considerations that buyers must weigh before proceeding.
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