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Chesham Street, Leamington Spa, CV31

West Midlands

£300,000
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
893 sqft

Description

This Victorian terrace offers a unique investment opportunity in a tranquil no-through street, just a stone's throw from the vibrant center of Leamington Spa. Having been in the same family for many years, this property is now ready for new ownership, presenting a blank canvas for those looking to infuse their personal touch and make significant renovations. The ground floor features two reception rooms that provide versatile living spaces, alongside a conservatory that opens directly to the rear garden. This outdoor area is thoughtfully designed, combining mature shrubs with paved sections, ideal for those looking to create an inviting outdoor retreat in an urban setting. Upstairs, the home includes two bedrooms and a bathroom, while additional loft space accessible via a sturdy staircase offers immense potential for expansion or storage solutions. The property does require modernisation, making it an ideal project for savvy investors or DIY enthusiasts eager to add value. Overall, this property's location near the town centre ensures access to amenities and services while maintaining a sense of privacy and tranquillity. With its charming features and substantial renovation potential, this Victorian terrace could transform into a delightful home or a lucrative investment with the right vision and effort.

Investment Analysis

(CV31 area)

Below Market Value

This property is priced -2.7% below area average per sq ft

-2.7%
Potential saving
This Property
£336/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£448
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£339,188
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (CV31)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 7.8%
5 year growth: 21.1%
Investment Disclaimer: Analysis based on CV31 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

Chesham Street, Leamington Spa, CV31
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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
£1,099
Based on a loan of £225,000 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