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Back Lane, Birdingbury CV23

West Midlands

£650,000
Listed on 15/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1927 sqft

Description

This charming detached cottage is tucked away on a quiet lane in a picturesque village, presenting a unique opportunity for those looking to invest in renovations and enhancements. Set on a plot of nearly a quarter of an acre, the property features a well-designed layout with four bedrooms and multiple living spaces, making it suitable for family living or potential rental income. Upon entering, you are greeted by a welcoming entrance porch leading to the reception hall. The sitting room and conservatory offer versatile space that can be tailored to your preferences. The ground floor includes a cozy bedroom and bathroom, along with a dining room that flows into the breakfast kitchen and laundry room—ideal for modern family needs. The first floor houses three additional bedrooms, including a dressing room and another family bathroom, providing ample accommodation options. Outdoor space is plentiful, featuring various patios and lawns that invite outdoor gatherings or personal gardening projects. A driveway adds convenience for parking, while outbuildings provide extra storage or potential workshop space. Importantly, planning permission has already been granted for a detached garage as well as an extension to the main house, allowing new owners to capitalize on the property's inherent potential. This makes it an appealing choice for those looking to create their ideal home or seek investment opportunities in property enhancement. Given its tranquil setting combined with proximity to local amenities and community life, this cottage holds promise not only as a residence but as a strategic investment in an area with growth potential. Viewing is recommended to truly appreciate both the current features and the possibilities ahead.

Investment Analysis

(CV23 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£337/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£283
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£679,364
10% above area average per sq ft
Potential ROI
-4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CV23)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -0.9%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on CV23 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

Back Lane, Birdingbury CV23
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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
£2,381
Based on a loan of £487,500 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