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Lower Cape, Warwick CV34


2 Bedroom Maisonette For Sale

Lower Cape, Warwick CV34

Key features

  • High rental yields
  • Two, one bedroom apartments
  • Property can be converted back into one dwelling
  • Ideal investment property with rental values around £1500pcm
  • Town centre location
  • Easy access to local amenities
  • On road parking
  • Freehold
  • No upward chain
  • Tenants in situ

GROUND FLOOR APARTMENT Entering in from the front door, into a communal hallway with access to the front door of the ground floor flat, and flat above. The ground floor flat has a small hallway, a double bedroom to the right and a reception room with a large window looking out onto the courtyard garden. There is a modern galley kitchen and a well presented bathroom to the rear with access to the garden.  

TOP FLOOR FLAT From the communal hallway, you access the flat through a private doorway, there are stairs rising up to the apartment, a spacious hallway, with reception room to the front elevation, bedroom to the rear with views out over the garden below and a modern, fully fitted kitchen to the rear along with a modern, spacious family sized bathroom.  

INVESTMENT OPPORTUNITY This is a great opportunity for an investor to purchase two properties generating a 5-6% rental yield, with little to no work needed and tenants in situ on periodic tenancies. Having rented the property for many years, the minimum rent achieved has been circa £700pcm-£750pcm.  

Calculate your Stamp Duty

Until June 30 2021 most buyers will be exempt from paying stamp duty on the first £500,000 of the purchase price. Calculate how much Stamp Duty you would have to pay on this property by using the calculator below.

Please note: This calculator is provided as a guide only on how much stamp duty land tax you will need to pay in England and Northern Ireland. It assumes that the property is freehold and for residential purposes.

Book a viewing

Contact Martin & Co Leamington Spa

  • 31 Regent Grove
  • Holly Walk
  • Leamington Spa
  • CV32 4NN

Call 01926 889054

Contact us now