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Belmont Drive, Off Park Road, Royal Leamington Spa

West Midlands

£550,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1089 sqft

Description

Nestled at the end of a tranquil cul-de-sac, this three-bedroom detached bungalow presents a compelling opportunity for renovation and investment. With no upward chain, this property is ideally positioned for those looking to personalize their space or capitalize on its potential. Upon entry, you are welcomed into an enclosed porch with double-glazed windows and a charming single-glazed front door. The "L" shaped reception hall features convenient storage options and provides access to various rooms throughout the home. A practical layout includes an airing cupboard that houses the Worcester gas-fired central heating boiler, ensuring comfort year-round. The spacious through lounge and dining room offers ample natural light through large windows and sliding patio doors leading to the rear garden. This area is perfect for both entertaining and family gatherings, featuring a fireplace that's ripe for updating. Adjacent to the lounge, the breakfast kitchen comes equipped with essential fixtures while leaving plenty of room for modern upgrades. Its design includes a pantry cupboard and plumbing for convenience but could be reimagined to meet contemporary standards. Each of the three bedrooms provides unique advantages; the main bedroom benefits from fitted wardrobes and views of the front garden, while the second bedroom also includes built-in storage. The third bedroom is compact yet functional, featuring its own double door wardrobe. The bathroom, fitted with a colored suite, awaits an update that could enhance its appeal further. Outside, the property boasts significant curb appeal with a well-maintained lawn complemented by block paving that accommodates several vehicles leading to an enlarged garage equipped with electric light and power. The private rear garden is primarily laid to lawn and features established shrub borders along with an inviting pond—an ideal canvas for landscaping enthusiasts or those wishing to create an outdoor retreat. This bungalow's location is advantageous for families or investors alike—offering peaceful residential living while remaining accessible to local amenities. Given its need for modernization, this property stands as an excellent prospect for those looking to invest in a home where they can add value through thoughtful renovations.

Investment Analysis

(CV32 area)

Above Market Value

This property is priced +35.8% above area average per sq ft

+35.8%
This Property
£505/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£425
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£445,499
10% above area average per sq ft
Potential ROI
-24.5%
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

Belmont Drive, Off Park Road, Royal 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
£2,015
Based on a loan of £412,500 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