# 2 bedroom apartment for rent (CV32 5NT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 WARWICK TERRACE, LEAMINGTON SPA, LEAMINGTON SPA, WARWICKSHIRE CV32 5NT |
| Price | £895 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £630,000 Nov 2007 |

## Description

A spacious, two double bedroom apartment a short walk from the Town Centre. Comprising, open planned lounge/kitchen, two double bedrooms and a modern fitted bathroom. Unfurnished and available 2nd April 2024We have tried to ensure these details are correct. Handles Property accept no liability should there be any errors and you should seek further clarification should you so wish.

## Property Photos

- ![Photo](/listings/photos/145370957/1360009)
- ![Photo](/listings/photos/145370957/1360010)
- ![Photo](/listings/photos/145370957/1360011)
- ![Photo](/listings/photos/145370957/1360012)
- ![Photo](/listings/photos/145370957/1360013)
- ![Photo](/listings/photos/145370957/1360014)

## EPC Graphs

- ![EPC Graph](/listings/photos/145370957/1360015) - EPC Graph

## Rental Range

*ONS Price Index of Private Rents (Warwick). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,114/mo
- **Realistic:** £1,238/mo
- **Optimistic:** £1,362/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Warwickshire South (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £848/mo

## 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, Concord House, CV32 | £1,350/mo | 2 | 0.55 miles | OpenRent |
| 2 Bed Flat, Andrews Close, CV34 | £1,350/mo | 2 | 0.83 miles | OpenRent |

**Average rent: £1,350/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,350/mo).*

- **Gross yield:** 1810.1%
- **Monthly cashflow:** £1,186/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5485.5%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − 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).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)