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Millway Drive, Leamington Spa, CV33

West Midlands

£250,000
Listed on 09/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
741 sqft

Description

This three-bedroom end-of-terrace home presents a unique opportunity for renovation, making it an ideal investment for those looking to create their own personalized living space. With the absence of a chain, this property is ready for immediate ownership and transformation. The residence requires modernization, giving prospective buyers the chance to influence its design and functionality according to their personal style. The ground floor features a welcoming porch that leads into a spacious entrance hall. The generous through lounge offers an abundance of natural light, enhancing the versatile layout, while the kitchen at the rear provides a functional area ripe for redesign. On the upper level, two double bedrooms and a single bedroom provide ample accommodation alongside a family bathroom. Each room holds potential for updates to maximize space and comfort. Externally, this property includes both front and rear gardens—perfect spaces for outdoor improvement or landscaping projects. Additionally, a garage located within a block offers practical storage solutions or secure parking. Situated in a desirable residential area of Leamington Spa, the location boasts convenient access to local amenities and schools, making it an attractive choice for families or investors alike. This property not only provides a canvas for your vision but also holds strong potential for value appreciation in this thriving neighborhood.

Investment Analysis

(CV33 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£337/sq ft
Area Average
£379/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£308,882
10% above area average per sq ft
Potential ROI
+6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CV33)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 3.9%
5 year growth: 9.1%
Investment Disclaimer: Analysis based on CV33 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

Millway Drive, Leamington Spa, CV33
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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
£916
Based on a loan of £187,500 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