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Ferndale Close, Nuneaton, CV11

West Midlands

£250,000
Listed on 27/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
631 sqft

Description

This two-bedroom detached bungalow presents a unique opportunity for renovation enthusiasts or investors seeking a project in a well-regarded area. Nestled in a tranquil cul-de-sac, the property is conveniently located just a short distance from Nuneaton's town centre, providing easy access to various amenities, including shops, supermarkets, cafés, and public transport options like the bus station and mainline rail links. The bungalow is currently in need of significant updating, allowing new owners to reimagine the space according to their vision. Its existing layout features two generously sized bedrooms at the front of the home, a centrally placed bathroom, a separate kitchen, and a spacious lounge/dining area that overlooks the rear garden. This versatile arrangement not only offers comfortable living but also allows for potential reconfiguration if desired. The outdoor space is another appealing aspect of the property—while it currently provides a private garden area, there is substantial potential for landscaping and creating an inviting outdoor entertainment space. With no upward chain involved in this sale, this bungalow represents an enticing chance for those looking to invest in a property with significant potential for improvement in a desirable location. Early viewing is encouraged to fully appreciate what this residence can become with the right touch.

Investment Analysis

(CV11 area)

Above Market Value

This property is priced +43.2% above area average per sq ft

+43.2%
This Property
£396/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£191,988
10% above area average per sq ft
Potential ROI
-41.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CV11)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -0.9%
5 year growth: 23.2%
Investment Disclaimer: Analysis based on CV11 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.

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Location

Ferndale Close, Nuneaton, CV11
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