Gordon Street, Leamington Spa
West Midlands
£350,000
Listed on 01/10/2026
Listed on 01/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1279 sqftFeatures
- Garden
- HMO
Description
This three-bedroom mid-terrace house is arranged over three floors and is described as having previously operated as a licensed four-bedroom HMO. The ground floor has an entrance hall, bay-fronted lounge, separate dining room and fitted galley kitchen. Two bedrooms and the family bathroom are on the first floor, with a further bedroom on the second floor. A cellar provides additional storage, with any conversion subject to the required permissions and building regulations.
The rear courtyard is enclosed and designed for low maintenance, while on-street parking is available at the front. The listing reports previous HMO income of approximately £1,610 per calendar month on an 11-month basis; buyers should verify the relevant licence, occupancy and income details. The property is within walking distance of Leamington Spa town centre, the railway station, local amenities and nearby parks, with road links including the A452, A425 and M40.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
78out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £350,000, this three-bedroom terrace is priced well below the local average per square foot, making the asking price a clear acquisition opportunity. The rooms shown look usable, with scope for a light cosmetic refresh rather than a major overhaul; the galley kitchen is dated, and the enclosed courtyard could be smartened up with modest work. The town-centre and station access add to its appeal, while the listing also notes a previous HMO licence and a cellar with potential for conversion, subject to permissions and feasibility.
Key opportunities
- Acquire below the local average £/sqf and make a light cosmetic refresh to the usable interiors.
- Refresh the enclosed courtyard, including the worn painted boundary surfaces, to improve the outdoor space.
- Explore the cellar’s stated conversion potential, subject to permissions and building feasibility.
Key risks
None recorded.
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Transport
Nearest stations
Leamington Spa Rail Station
0.4 miles
Train · Leamington Spa
Warwick Rail Station
2.3 miles
Train · Warwick
Warwick Parkway Rail Station
3.6 miles
Train · Warwick
Kenilworth Rail Station
4.4 miles
Train · Kenilworth
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,430
Based on a loan of £262,500 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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