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Rugby Road, Leamington Spa

West Midlands

£425,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1433 sqft

Description

This three-bedroom middle terrace house presents a compelling opportunity for those looking to invest in Leamington Spa. Nestled in a central location, the property is conveniently positioned near the town center and the train station, offering easy access to local amenities and transportation links. While the home requires some modernization, its layout and size suggest significant potential for renovation. The interior features two spacious reception rooms that can be reimagined to suit modern living preferences. The kitchen area, although functional, offers scope for an upgrade that could enhance both its usability and aesthetic appeal. Upstairs, you will find three well-proportioned bedrooms along with a bathroom, providing ample space for families or individuals looking to create their ideal living environment. Additionally, the presence of a two-chamber cellar could allow for further development, whether for storage or potential conversion into usable living space. Outside, the walled garden adds to the charm of the property. It includes gated rear access, providing additional privacy and security while still allowing outdoor enjoyment. This property stands as an excellent investment opportunity given its location and renovation potential. Whether you are a first-time buyer seeking a project or an investor looking to expand your portfolio in a desirable area, this house offers a solid foundation for future enhancement.

Investment Analysis

(CV32 area)

Below Market Value

This property is priced -20.3% below area average per sq ft

-20.3%
Potential saving
This Property
£297/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£425
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£586,226
10% above area average per sq ft
Potential ROI
+26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (CV32)

Area prices are falling by +3.7% over the last 12 months
3 year growth: 2.0%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on CV32 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

Rugby Road, Leamington Spa
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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
£1,557
Based on a loan of £318,750 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