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Manor Road, Barlestone

West Midlands

£170,000
Listed on 06/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
662 sqft

Description

This two-bedroom property presents an excellent opportunity for first-time buyers or investors looking to enhance a home in the tranquil village of Barlestone. Nestled in a peaceful location, the house features double glazing and gas central heating, but some basic modernisation is required throughout, making it ripe for renovation. The living room offers ample natural light and space, while the kitchen-diner comes equipped with functional units, allowing for immediate usage or future upgrades. Upstairs, you will find two generously sized bedrooms along with a family bathroom that includes a sizable bathtub. Outside, the property boasts a tidy front garden and a fenced rear garden ideal for outdoor enjoyment, complemented by stunning countryside views accessible via a rear gate. A separate garage adds to the storage convenience of this charming home. With the village centre and excellent local schools nearby, along with great transport links to Leicester, Coventry, Nuneaton, and Birmingham, this property is perfectly positioned for both rural tranquility and city access.

Investment Analysis

(CV13 area)

Below Market Value

This property is priced -19.2% below area average per sq ft

-19.2%
Potential saving
This Property
£257/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£231,422
10% above area average per sq ft
Potential ROI
+18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CV13)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -8.8%
5 year growth: 9.9%
Investment Disclaimer: Analysis based on CV13 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

Manor Road, Barlestone
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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
£623
Based on a loan of £127,500 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