CV31 3NL - 2 bed fifth floor value opportunity in Avenue Road, CV31 3NL

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2 bedroom apartment for sale in Avenue Road, Leamington Spa, Warwickshire, CV31

Summary - Flat 16, Manor Court, Avenue Road CV31 3NL

2 bed 1 bath Apartment

Central location near station and Parade, ideal for buyers ready to renovate and add value..
- Fifth floor flat with lift and balcony offering town views
- Generous 764 sq ft with original parquet flooring throughout
- Two double bedrooms; family bathroom needs modernising
- Separate kitchen previously updated but requires further renovation
- Private garage plus plentiful communal/off-street parking
- Long lease (977 years) and council tax Band C (affordable)
- Service charge approx £2,396 per year; confirms communal maintenance
- Heating electric room heaters; slow broadband and high local crime
Set on the fifth floor of a well-maintained mid-century block, this two-bedroom apartment occupies approximately 764 sq ft and offers clear potential for a buyer willing to refurbish. The living/dining room benefits from large windows, a balcony with town views and original parquet flooring that runs through much of the flat, giving a solid starting point for modernisation. Communal grounds, on-site parking and a private garage are practical extras in this central location.

Positioned 0.2 miles from Leamington Spa station and a short walk to the Parade and Jephson Gardens, the apartment suits first-time buyers and investors seeking central convenience and rental appeal to students and professionals. The layout includes two double bedrooms, a separate kitchen and a family bathroom; many fixtures remain dated and will require updating to contemporary standards.

Key practical facts are favourable: an unusually long lease (977 years) and an affordable council tax band C. Service charges average £2,396 annually and the building benefits from a lift. Notable drawbacks are that the flat needs renovation, heating is by electric room heaters, broadband speeds are reported slow, and local crime levels are high, which should factor into purchase plans and any letting strategy.

With strategic investment—upgrading the kitchen, modernising the bathroom and improving heating and connectivity—this apartment offers scope to increase value and rental income in a desirable central town location. It is a straightforward project for someone looking to add contemporary finishes while retaining attractive period details such as parquet flooring and a traditional fireplace.

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