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Tomkinson Road, Nuneaton

West Midlands

£140,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1163 sqft

Description

This three-bedroom terraced property presents a valuable opportunity for those looking to invest or undertake renovation projects. The layout is spacious, featuring two sizable reception rooms on the ground floor that could easily be reconfigured to maximize natural light and flow. The fitted kitchen provides direct access to the garden, which offers potential for landscaping or creating an outdoor living space. The family bathroom is located conveniently on the ground floor, while upstairs you will find three well-proportioned double bedrooms. Each room benefits from ample light and could be rejuvenated with updated decor or arrangements to improve functionality. Situated in a residential area, this property not only boasts a decent-sized rear garden but also offers proximity to local amenities, schools, and transportation links. This advantageous location makes it attractive both for families looking for a home and investors seeking rental potential—estimated yields range from £900 to £925 per month. There is significant scope for improvement throughout the property, allowing new owners to bring their vision to life while potentially increasing its value. Whether you're considering updates to enhance your living space or strategic renovations for rental purposes, this property’s features and location provide a solid foundation for future investment.

Investment Analysis

(CV10 area)

Below Market Value

This property is priced -50.9% below area average per sq ft

-50.9%
Potential saving
This Property
£120/sq ft
Area Average
£245/sq ft
Avg Rent (weekly)
£221
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£313,492
10% above area average per sq ft
Potential ROI
+90.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (CV10)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 2.1%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on CV10 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

Tomkinson Road, Nuneaton
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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
£513
Based on a loan of £105,000 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