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Upper Spring Lane Kenilworth, Warwickshire, CV8 2JR - Image 1
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Upper Spring Lane Kenilworth, Warwickshire, CV8 2JR

West Midlands

£3,500,000
Listed on 24/05/2025

Property Details

Bedrooms
6
Type
Detached house
Area
11493 sqft

Description

This exceptional property presents a unique opportunity for those seeking a spacious residence with considerable renovation and investment potential, located in the desirable town of Kenilworth, Warwickshire. Spanning an impressive 11,494 sq. ft., the layout primarily occupies the ground floor and is set within beautifully landscaped grounds of approximately two acres. Featuring six bedrooms and seven bathrooms, this home provides ample space that can be tailored to various needs. The existing layout allows for flexibility in use, whether for family living or creating distinct guest accommodations. Additionally, planning consent has been granted to expand the living area to as much as 19,055 sq. ft., offering a substantial canvas for transforming this property into a luxurious estate. Positioned in the historic Old Town of Kenilworth, the property benefits from proximity to notable local amenities and picturesque countryside views, making it an ideal location both for personal residence and as a potential investment. Upon entering, you are greeted by a grand entrance hall that connects two wings of the home. The right wing features a garden room with French doors leading to the rear gardens and a spacious kitchen-dining-living area designed to serve as the heart of the home. This modern kitchen includes ample storage, contemporary appliances, and bi-folding doors that enhance indoor-outdoor living. The front wing of the house offers additional accommodation with a separate entrance that includes practical spaces such as a wet room and another fully-equipped kitchen. This section could serve as independent living quarters for guests or staff while maintaining privacy from the main areas of the home. In addition to these wings, the rear wing houses well-appointed sleeping quarters, including two double bedrooms with ensuite facilities alongside an opulent principal suite featuring luxurious amenities. Meanwhile, the left wing accommodates further spacious living areas and leads to a triple garage equipped with electric doors. Ascending to the first floor reveals even more potential with an expansive cinema room, office space, and significant storage options. There remains opportunity here for further expansion subject to obtaining necessary permissions. Outdoors, you will find secure access through wrought iron electric gates leading to an extensive driveway capable of accommodating up to twenty vehicles. Surrounded by mature landscaping and secured by high fencing with hedging for added privacy, this property boasts not just aesthetic appeal but also functional outdoor storage solutions including additional garages. Overall, this home’s combination of space, location benefits, and extensive renovation opportunities makes it an appealing choice for investors or families seeking their dream residence in one of Warwickshire's most sought-after towns.

Investment Analysis

(CV8 area)

Below Market Value

This property is priced -20.0% below area average per sq ft

-20.0%
Potential saving
This Property
£305/sq ft
Area Average
£381/sq ft
Avg Rent (weekly)
£316
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£4,814,820
10% above area average per sq ft
Potential ROI
+26.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CV8)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 1.3%
5 year growth: 11.9%
Investment Disclaimer: Analysis based on CV8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Upper Spring Lane Kenilworth, Warwickshire, CV8 2JR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£12,821
Based on a loan of £2,625,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE