£70,000
1 bed flat for saleLodge Close, Atherstone, Warwickshire CV9
1 bed
1 bath
1 reception
EPC Rating: E
- Chain free
- Leasehold
Bairstow Eves - Atherstone
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About this property
Bright and spacious second floor one-bedroom apartment
Exceptional cash investment opportunity
Large, well maintained reception room
Well-appointed bathroom ready for personal touches
En-bloc garage with ample communal parking
Perfect for first-time buyers, investors or renovation enthusiasts
No restrictions, flooding, burglary or fire history - extensive documentation available
Council tax band A, potential grant eligibility for improvements
Welcome to Lodge Close, Atherstone – where opportunity knocks loudly for the savvy buyer ready to add their personal stamp to a bright, well-proportioned apartment with genuine potential.
This second floor one-bedroom apartment represents something increasingly valuable in today’s market: A blank canvas property at an accessible price point, offering the perfect balance of move-in-ready living spaces and the opportunity to add value through thoughtful finishing touches. Whether you’re a first-time buyer seeking an affordable entry point, an investor recognizing strong rental potential, or someone who relishes the satisfaction of completing a property to their exact specifications, Lodge Close delivers on all fronts.
Let’s be transparent about what makes this opportunity special. The large reception room is the undisputed star of this apartment – a bright, airy space flooded with natural light from generous windows that create an immediately uplifting atmosphere.
Carpeted and decorated to a high standard, inclusive of sound dampening boards under the current carpets, the main room is completely ready to enjoy from day one. The proportions are genuinely impressive for an apartment of this type, easily accommodating substantial furniture arrangements for living, dining, and even creating a dedicated workspace if needed. This is where you’ll spend most of your time, and it delivers comfort and space in abundance.
The bedroom offers a peaceful retreat with ample space for double bedroom furniture, providing comfortable accommodation whether you’re the sole occupant or sharing the space. Well-proportioned and light-filled, it’s a genuine bedroom rather than the cramped afterthought found in many modern apartments.
Now, the areas offering opportunity. The kitchen space features a sink and excellent high-level cabinetry providing generous storage capacity – the bones of a great kitchen are already in place. What it needs is flooring and the addition of standard kitchen appliances (cooker, refrigerator, washing machine and work surfaces) to complete the picture. This represents a manageable investment that allows you to choose appliances matching your exact needs and budget, whilst the existing infrastructure means you’re not starting from scratch.
The bathroom tells a similar story of opportunity meeting readiness. Well-appointed with a practical suite including toilet, wash basin, handheld shower, and bath, the space is functional and mostly finished with quality tiling. Some additional tiling work will complete the contemporary finish, but this is a straightforward project rather than a major renovation. The fundamentals are excellent – you’re simply adding the finishing flourishes.
Outside, practical benefits continue. An en bloc garage provides secure storage for vehicles, bicycles, or general storage needs – a valuable asset often absent from apartment living. Ample communal parking ensures that you and your visitors will never struggle to find space, eliminating one of apartment living’s common frustrations.
The financial aspects make compelling reading. Council Tax Band A means your ongoing costs remain refreshingly low – a significant consideration when budgeting for homeownership or calculating rental yields.
Water meters provide further control over household bills. Importantly, Band A properties may qualify for various government grants and improvement schemes, potentially offsetting some completion costs. The savvy buyer will explore these opportunities.
The property’s history provides additional reassurance. No restrictions complicate future plans. No flooding history threatens your investment. No robbery history mars the building’s reputation. No fire damage lurks in the past. The current owner has maintained comprehensive documentation, ensuring a transparent, straightforward transaction for the discerning cash buyer.
Speaking of which, this is a cash purchase only opportunity. For buyers with funds available or investors seeking to deploy capital efficiently, this requirement actually works in your favour – eliminating chain complications, accelerating completion timescales, and often enabling price negotiation that mortgage-dependent buyers simply cannot match.
Lodge Close occupies a convenient Atherstone location where local amenities, shops, schools, and transport links sit within easy reach. The town offers excellent connections to larger employment centres whilst maintaining its own distinct character and community feel. For investors, Atherstone’s rental market remains strong, with consistent demand from professionals, key workers, and families seeking affordable, well-connected accommodation.
Let’s address the elephant in the room: This apartment requires some finishing work. But that’s precisely what makes it an opportunity rather than just another property. By investing in flooring, appliances, and completing the bathroom tiling, you’ll add significant value whilst creating a home or rental property finished exactly to your specifications. No compromising with previous owners’ questionable taste. No expensive ripping out of recently installed but unsuitable fixtures. Just clean, straightforward completion work that transforms good bones into an excellent property.
First-time buyers will appreciate the accessible price point and manageable improvement costs.
Investors will recognize strong rental yields in a property requiring little initial outlay. Renovation enthusiasts will relish the opportunity to add value through relatively simple improvements. Cash buyers of all types will appreciate the speed and simplicity of a chain-free, straightforward transaction.
Properties offering this combination of ready-to-enjoy living space, manageable improvement opportunities, practical amenities, and accessible pricing don’t linger on the market. Those with vision and available capital will move quickly whilst others hesitate.
Your Lodge Close opportunity awaits in Atherstone. The only questions are: Do you have the vision to see the potential, and are you ready to act decisively?
Entrance Hall
A practical, carpeted entrance hallway providing access to all apartment accommodation. Features neutral decoration and provides a welcoming introduction to the apartment. Inclusive of sound dampening boards under the carpets.
Lounge (4.14m x 3.21m)
The undisputed highlight of this apartment – a genuinely spacious reception room bathed in natural light from bright, generous windows. Carpeted and decorated to a high standard, this impressive space is ready to enjoy immediately. The excellent proportions easily accommodate multiple furniture zones for living, dining, and even workspace arrangements, making this room remarkably versatile for apartment living. This alone demonstrates the exceptional value and potential this property offers. Also inclusive of sound dampening boards under the carpets.
Kitchen (4.14m x 1.88m)
A functional kitchen space with excellent high-level cabinetry providing generous storage capacity – the infrastructure is already in place. Features a sink and plumbing ready for standard appliances. Requires flooring installation and the addition of appliances (cooker, refrigerator, washing machine) to complete, offering the opportunity to select items matching your exact specifications and budget. This represents a manageable investment yielding immediate value appreciation.
Bedroom (4.28m x 2.78m)
A well-proportioned bedroom offering comfortable double room dimensions. The space easily accommodates standard bedroom furniture whilst maintaining circulation space, creating a peaceful retreat. This is a genuine bedroom rather than the cramped spaces found in many modern apartments.
Bathroom (3.71m x 1.35m)
A well-appointed bathroom fitted with a practical white suite including toilet, pedestal wash basin, bath, and handheld shower. The space is largely finished with quality tiling and functions perfectly for everyday use. Some additional tiling work will complete the contemporary finish – a straightforward project adding final polish to an already functional space.
Garage
A valuable en bloc garage provides secure storage for vehicles, bicycles, tools, or general household storage. This asset adds significant practical and financial value, offering security and space often absent from apartment living.
Outside
The apartment benefits from well-maintained communal areas and ample communal parking ensuring convenient access for residents and visitors alike. No more circling for parking spaces or walking long distances with shopping – practical convenience is assured.
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Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review