Sold STC Flat

22 MARTINIQUE SQUARE

WARWICK, WARWICKSHIRE CV34 4DG

2 beds 2 baths 69 m² Listed 26 May 2025 (-420d)

£215,000

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Property details

Tenure

LEASEHOLD (974 years remaining on lease)

Floor area

69 m²

Council tax band

C

EPC rating

C

Last sold

£208,000 Nov 2025

Price per m²

£3,258/m²

Local average

£203,948 (+5.4%)

Deprivation

Decile 7 (22,843 of 33,755)

Street crime

187 incidents within 1 mile (May 2026)

Key features

  • Second Floor Apartment
  • Share Of Freehold
  • Two Bedrooms
  • Two Bathrooms
  • Lounge Diner With Juliet Balcony
  • Kitchen
  • Garage & Store
  • Communal Garden
  • Allocated Secure Parking- Linen St Car Park
  • 974 Years Lease & No Chain

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Parking
Yes

Description

A very well-presented, two-bedroom, second-floor apartment in the heart of Warwick town centre with views of rooftops and the race course. The accommodation comprises an entrance hall, a lounge/diner with a Juliet balcony, a kitchen, two bedrooms, an en-suite and a bathroom. The property further benefits from an allocated gated parking space in Linen St Car Park and a garage with attached store, access to the Victorian Gardens next door and a 974-year lease. The property would make an ideal first-time buy or a great investment and is offered with no chain. Moments walk to the train station, St Nicholas Park and Warwick Race Course and all the benefits of town amenities.

It's in the details...

Communal entrance
The intercom system leads to the stairwell that goes to the second floor.

Hallway
With oak flooring, two storage cupboards, one with the hot water tank, doors to the lounge diner, two bedrooms, a kitchen and bathroom.

Kitchen
Fitted with timber effect cupboards and drawers, with brushed chrome handles, beech style worktops with a 1 & 1/2 bowl stainless steel sink with mixer tap and a drainer. A timber double glazed window with a view of the car park. Fitted fridge freezer, fitted oven, fitted washing machine, fitted dishwasher and a four-ring ceramic hob with an extractor over. Downlighting and tiled splashback.

Lounge Diner
A spacious lounge diner which has a uPVC double glazed Juliet balcony, that has a great elevated view across Warwick. There is a storage heater and coving.

Bedroom One
A spacious double bedroom with a fitted double wardrobe, an electric radiator and a timber double glazed window. Door to the en-suite.

En-Suite
With a double-width tiled shower enclosure, a shower and a glass door. There is a toilet, pedestal hand wash basin, electric shaving point, an extractor and half-tiled walls.

Bedroom Two
A double bedroom with an electric heater and a timber double glazed window.

Bathroom
Fitted with a white suite, comprising a bath with a mixer tap with a handheld shower attachment and a glass shower screen. There is a pedestal hand wash basin, chrome taps, a toilet, fully tiled walls, an extractor, downlights and a wall electric fan heater.

Garage & Store
The property comes with a garage which has an open doorway at the rear through to a further large storage area at the back. Power.

Communal Garden
To the rear are beautiful, securely gated communal Victorian gardens that are available to the residents on Martinique Square.

Secure Gated Parking
There is a further secure parking space which this apartment owns in the basement of the Linen Street car park

Useful Information
The property is on a long lease of 999 years from 1st January, 2000 and the service charge is £2367 per annum, gardening and security gates.
All main services are connected except gas.

Location
Martinique Square is located in the very centre of Warwick town, which offers a variety of individual shops, coffee shops and bars. Easy access is provided to the A46, junction 15 of the M40 motorway, and rail stations, with Warwick station only a 0.8-mile walk away. walking distance to such attractions as Warwick Castle, St Nicholas Park and the Warwick Racecourse.

Listed by

Leamington Spa

Complete Estate Agents

Reference: 162441005

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 01/07/2020

Expiry date: 30/06/2030

Current heating cost: £309/year

Potential heating cost: £316/year

Recommendations

  • Low energy lighting for all fixed outlets (20)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLP.jpg

FLP.jpg

EPC Graphs

EE Rating

EE Rating

Price history

-19% since 2017

Event Date Price % change
Sold 26/11/2025 (7 months ago) £208,000 -10.3%
Sold 30/09/2022 (3 years ago) £232,000 -10.1%
Sold 05/10/2017 (8 years ago) £258,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
KNIGHTS COURT APARTMENT 5 LINEN STREET, WARWICK, WARWICKSHIRE, CV34 4DJ £201,000 15/07/2025 Flat
KNIGHTS COURT APARTMENT 16 LINEN STREET, WARWICK, WARWICKSHIRE, CV34 4DJ £237,000 14/12/2023 Flat
39 BREAD AND MEAT CLOSE, WARWICK, WARWICKSHIRE, CV34 6HF £150,000 29/09/2023 Flat
21 BROOK STREET, WARWICK, WARWICKSHIRE, CV34 4BL £167,000 28/07/2023 Flat
9 MARTINIQUE SQUARE, WARWICK, WARWICKSHIRE, CV34 4DG £265,000 15/12/2022 Flat
16 APARTMENT 3 WESTGATE CLOSE, WARWICK, WARWICKSHIRE, CV34 6HB £171,500 28/11/2022 Flat
52 BREAD AND MEAT CLOSE, WARWICK, WARWICKSHIRE, CV34 6HF £212,500 30/09/2022 Flat
17 BREAD AND MEAT CLOSE, WARWICK, WARWICKSHIRE, CV34 6HF £217,000 10/08/2022 Flat
9 THE WOOLPACK, WARWICK, WARWICKSHIRE, CV34 4WP £235,000 03/08/2022 Flat
2 BROOK STREET, WARWICK, WARWICKSHIRE, CV34 4BL £212,000 30/06/2022 Flat
64 FLAT MARKET PLACE, WARWICK, WARWICKSHIRE, CV34 4SD £210,000 24/06/2022 Flat
KNIGHTS COURT APARTMENT 12 LINEN STREET, WARWICK, WARWICKSHIRE, CV34 4DJ £267,500 17/06/2022 Flat
KNIGHTS COURT APARTMENT 3 LINEN STREET, WARWICK, WARWICKSHIRE, CV34 4DJ £250,000 27/05/2022 Flat
4 THE WOOLPACK, WARWICK, WARWICKSHIRE, CV34 4WP £215,000 13/05/2022 Flat
34 MARTINIQUE SQUARE, WARWICK, WARWICKSHIRE, CV34 4DG £173,000 06/05/2022 Flat
16 BREAD AND MEAT CLOSE, WARWICK, WARWICKSHIRE, CV34 6HF £230,000 24/03/2022 Flat
33 MARTINIQUE SQUARE, WARWICK, WARWICKSHIRE, CV34 4DG £165,000 11/03/2022 Flat
33 BREAD AND MEAT CLOSE, WARWICK, WARWICKSHIRE, CV34 6HF £249,250 03/12/2021 Flat
21 BREAD AND MEAT CLOSE, WARWICK, WARWICKSHIRE, CV34 6HF £229,500 01/12/2021 Flat
15 THE WOOLPACK, WARWICK, WARWICKSHIRE, CV34 4WP £136,000 25/11/2021 Flat

Area average: £209,663 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 9.2%
10y growth 6%

House Price Index (HM Land Registry — official index, not sold-price averages): Warwick. Series: Flats and maisonettes. As of April 2026.

1y (index) -0.6%
5y (index) 7.1%
10y (index) 22%

Rental Range

Estimated market rent for Warwick. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,114/mo
Realistic £1,238/mo
Optimistic £1,362/mo

Based on Local Authority from postcode lookup → Warwick.

LHA (30th percentile) floor for Warwickshire South: £848/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Bus Station Stand A 0.0 miles
Bus stop Bus Station Stand C 0.0 miles
Shop Browetts Opticians 0.1 miles
Shop Astill Gallery 0.1 miles
Hospital St Michaels 0.6 miles
Train station Warwick 0.6 miles
Hospital Warwick Hospital 0.8 miles
Train station Warwick Parkway 0.9 miles
University Warwick University Wellesbourne Campus School of Life Sciences 4.9 miles
University Centre for Interdisciplinary Methodologies 7.0 miles

Street-level crime

Category Count
Violence and sexual offences 46
Anti-social behaviour 32
Shoplifting 25
Burglary 24
Criminal damage and arson 17
Vehicle crime 12
Other theft 8
Bicycle theft 6
Public order 6
Other crime 4
Drugs 3
Robbery 2
Theft from the person 2
Total incidents 187

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Westgate Primary School Primary 0.0 miles Good — 19 Mar 2014
Warwick Nursery School Nursery 0.5 miles Good — 23 Oct 2014
St Mary Immaculate Catholic Primary School Primary 0.6 miles Good — 24 Feb 2015
Warwick Preparatory School Other 0.7 miles (No rating)
Coten End Primary School Primary 0.7 miles Good — 17 Jun 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Priory Court, CV34 £945/mo 2 0.35 miles OpenRent
2 Bed Flat, Smith Street, CV34 £975/mo 2 0.42 miles OpenRent
2 Bed Flat, Yeomanry Close, CV34 £1,300/mo 2 0.44 miles OpenRent

Average rent: £1,073/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.45%
Max investor price (0.8%) £121,875
Target investor price (1%) £97,500
Gross yield 5.4%
Cost-to-rent ratio 18.4×
Monthly cashflow £6/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 0.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).