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Millway Drive, Leamington Spa, CV33

West Midlands

£250,000

Listed on 05/11/2025

Property details

Bedrooms
3
Type
End Of Terrace
Area
741 sqft

Description

This three-bedroom end-of-terrace house presents an opportunity for investors or homebuyers looking to personalize a space. Being sold with no onward chain, the property requires modernization, which allows for customization of every aspect to suit individual tastes while also increasing value. The ground floor features a welcoming porch and an entrance hall that leads into a spacious through lounge, providing ample flexibility for living arrangements, along with a kitchen positioned at the rear. The upstairs layout includes two good-sized double bedrooms, a versatile single bedroom, and a family bathroom. Externally, the property boasts both front and rear gardens that offer potential for landscaping or relaxation. A garage in a block adds practicality for parking or additional storage needs. Situated in a desirable residential area of Leamington Spa, this home benefits from easy access to local amenities and schools, making it an ideal choice for families or those seeking to invest in their dream home.

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Investment analysis

(CV33 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£337/sq ft
Area Average
£376/sq ft
Avg Rent (weekly)
£321
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£306,722
10% above area average per sq ft
Potential ROI
+11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CV33)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +11.8%
5 year growth: +13.2%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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.

Stamp duty calculator

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