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Charles Lakin Close, Shilton

West Midlands

£235,000
Listed on 11/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
883 sqft

Description

This semi-detached three-bedroom home in Shilton offers an exciting opportunity for those looking to undertake a comprehensive renovation. The property is in need of significant refurbishment, making it ideal for investors, developers, or individuals with a vision for a customized living space. As it stands, this residence serves as a blank canvas, ripe for transformation and value enhancement. Inside, the layout includes a spacious lounge that flows into a dining area, alongside a kitchen/breakfast room that awaits redesign. Conveniently located on the ground floor is a WC featuring a walk-in level access shower and natural light from an exterior window. The abundance of windows throughout the home ensures ample natural light fills the space. Upstairs, you’ll find two generously sized double bedrooms alongside a single bedroom, all serviced by a family bathroom equipped with essential amenities such as a full-sized bath. One of the bedrooms features double doors and an original fireplace, providing character and potential for restoration. Additionally, the loft space offers further storage solutions or could be converted into usable living space, subject to necessary planning permissions. The exterior boasts expansive front and rear gardens that provide considerable green space with ample potential for landscaping or complete redesign. This outdoor area presents opportunities for enhancing curb appeal or creating personal outdoor retreats. With no onward chain associated with the property, it is readily available for immediate investment. This home requires attention and creativity to unlock its full potential; however, it poses an excellent chance for the right buyer to make their mark and create something unique.

Investment Analysis

(CV7 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£266/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£299,015
10% above area average per sq ft
Potential ROI
-5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CV7)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 1.5%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on CV7 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

Charles Lakin Close, Shilton
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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
£861
Based on a loan of £176,250 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