Spacious modern riverside apartment — 35% shared ownership with option to buy 100%..
Two balconies with direct River Leam views
Light-filled and unusually large for a riverside flat, this two-bedroom apartment occupies a third-floor position with lift access and two private balconies overlooking the River Leam. The open lounge-diner and modern U-shaped kitchen with integrated appliances deliver an immediately move-in ready feel, while the principal bedroom benefits from fitted wardrobes and an ensuite. Secure gated parking plus a separate garage add rare convenience for a town-centre apartment.
Offered as 35% shared ownership (option to buy 100% for £275,000), the home is aimed at buyers seeking a lower-entry route into Warwick/Leamington living. Practical extras include an eco boiler, over five years of NHBC warranty remaining and newly laid carpets and laminate flooring. The long lease (119 years) and relatively low ground rent (£250) are positive ownership features.
Buyers should note material points: the advertised price is for a 35% share (rental charge applies, approx. £490.51 pcm), and full ownership requires the additional purchase price. Heating is electric (room heaters) which can be more expensive than gas in long-term running costs. The property sits in a medium flood-risk area and the local crime level is above average—both important for insurance and suitability. As a leasehold flat, further fees (lease packs, service charges) may apply.
Overall this is a roomy, modern riverside apartment that suits a first-time buyer or couple wanting commuter-friendly access to Warwick and Leamington Spa, with clear potential for long-term ownership once the remaining share is purchased.
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