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Purley View, Atherstone, CV9

West Midlands

£195,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
969 sqft

Description

This end-terrace three-bedroom property stands prominently on a corner plot in Mancetter village, offering significant potential for expansion or creative reconfiguration, pending planning permission. While the interior is in need of comprehensive modernization, it presents an excellent opportunity for investors or those looking to undertake an ambitious renovation project. The property is available with no onward chain, making it a timely investment option. The location is highly convenient, just a short distance from Atherstone town centre and well-connected by road and rail routes—ideal for commuter access. Given its size and configuration, the home holds promise for conversion into multiple apartments or a House in Multiple Occupation (HMO), further increasing its value. Inside, the layout features a porch leading to a welcoming hallway that connects to both reception spaces and stairs to the upper level. The spacious sitting room benefits from dual aspect windows that invite ample natural light. Adjacent is a dining area that flows into a kitchen currently fitted with basic units but ripe for transformation into a modern culinary space. A ground floor WC adds practicality while an external door leads to the garden area. Upstairs, the accommodation includes three generous double bedrooms complemented by a family bathroom, with opportunities to enhance or reconfigure the upper floor design. The property's external features include an impressive side plot which offers various potential uses (subject to planning), as well as a private courtyard garden enclosed by brick walls. Additionally, off-road parking accommodates multiple vehicles along a spacious driveway. This property serves as an exceptional blank canvas for those eager to craft their ideal family residence or capitalize on its lucrative development potential within this established neighborhood.

Investment Analysis

(CV9 area)

Below Market Value

This property is priced -23.8% below area average per sq ft

-23.8%
Potential saving
This Property
£201/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£208
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£281,344
10% above area average per sq ft
Potential ROI
+2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (CV9)

Area prices are falling by -3.1% over the last 12 months
3 year growth: +4.0%
5 year growth: +14.7%
Investment Disclaimer: Analysis based on CV9 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

Purley View, Atherstone, CV9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£703
Based on a loan of £146,250 over 30 years at 4.06% 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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