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George Street, Leamington Spa, CV31

West Midlands

£300,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
2107 sqft

Description

This period townhouse presents a compelling opportunity in the center of Leamington Spa, ideal for those with an eye for renovation and investment. The property retains much of its original charm but is in need of restoration, making it perfect for buyers looking to put their personal touch on a classic home or investors seeking to capitalize on the growing demand for residential rentals in the area. The ground floor features a generous hallway leading to various living spaces. The lounge, measuring 4.84m x 3.90m, offers ample room for comfortable seating, while the dining room at 4.26m x 3.63m provides an inviting area for meals and gatherings. A compact kitchen (3.20m x 2.07m) and two sizeable store rooms enhance functionality, presenting additional possibilities for conversion or expansion. On the first floor, the layout includes four well-proportioned bedrooms, each with dimensions that suggest potential for customization—ranging from 4.91m x 3.88m to 4.26m x 3.72m. Two of these bedrooms are equipped with en-suite bathrooms, which could cater well to tenants if converted into separate apartments. Planning permission has already been granted to subdivide this dwelling into three one-bedroom apartments (Reference: W/25/0708), making this property not just a charming residence but also an appealing investment prospect within a conservation area noted for its historic character. The property is freehold with services including mains drains, gas, electricity, and water reportedly connected; however, verification is advisable during the purchasing process. With its prime location and built-in renovation potential, this townhouse stands as an attractive option for those looking to engage in meaningful development within a vibrant community.

Investment Analysis

(CV31 area)

Below Market Value

This property is priced -59.3% below area average per sq ft

-59.3%
Potential saving
This Property
£142/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Target Value
£811,079
10% above area average per sq ft
Potential ROI
+116.3%
After renovation
Monthly Sales
15
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (CV31)

Area prices are rising by +7.7% over the last 12 months
3 year growth: 10.4%
5 year growth: 25.7%
Investment Disclaimer: Analysis based on CV31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

George Street, Leamington Spa, CV31
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