Summary - Flat 1, 12, Spencer Street CV31 3NF
1 bed 1 bath Apartment
First-floor period apartment with strong commuter access and refurbishment potential.
One-bedroom period conversion with high ceilings and original features
A one-bedroom period conversion in central Royal Leamington Spa, this first-floor apartment offers clear rental or resale potential thanks to its central location and newly fitted kitchen. High ceilings and original Victorian features give the living space character and favourable appeal for tenants or buyers seeking period charm. The apartment overlooks All Saints Church and the Parade, with the train station within walking distance for strong commuter demand to Birmingham and London.
Practically, the flat requires some refurbishment throughout beyond the recent kitchen installation; heating is by electric storage heaters and the property has secondary glazing and stone walls likely lacking insulation. There is an annual service charge (previously around £2,000) and a small ground rent of £100. The lease has 150 years remaining, providing long-term security for leasehold ownership.
This unit suits investors or buyers prepared to undertake cosmetic and energy-efficiency upgrades to maximise returns. Note the area records higher-than-average crime rates, which may affect lettings or resale pricing; council tax is very low, and local amenities, shops and parks are all within immediate reach. The building is historic (pre-1900) and will benefit from sympathetic investment rather than full-scale redevelopment.
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