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Newbold Terrace East, Leamington Spa

West Midlands

£525,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1558 sqft

Description

This three-bedroom detached bungalow presents a noteworthy opportunity for those looking to invest in a property with significant renovation and development potential. Nestled in a desirable residential area, the home is conveniently located near Newbold Comyn and is just a short stroll from the town center, offering both tranquility and accessibility. The layout features an entrance hall that leads into a spacious lounge and dining area, which includes an adjacent study—perfect for remote work or as a quiet retreat. The kitchen and utility room provide essential functional spaces that could be updated or reconfigured according to modern preferences. With three well-proportioned bedrooms, there's ample room for family living or guest accommodations. Outside, the property boasts an attractive rear garden predominantly laid to lawn, complemented by established beds and borders that have the potential to be enhanced further with landscaping or garden design projects. There's also ample driveway parking available along with direct access to a garage, adding convenience and storage options. This bungalow is offered with no upward chain, making it an appealing prospect for buyers eager to make their mark through renovation. The scope for extension or redevelopment (subject to planning permission) allows for creative possibilities in this pleasant setting.

Investment Analysis

(CV32 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£337/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£425
Avg Yield
6.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£637,362
10% above area average per sq ft
Potential ROI
+12.8%
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

Newbold Terrace East, 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
£1,923
Based on a loan of £393,750 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