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Manor Road, Leamington Spa

West Midlands

£300,000
Listed on 05/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1145 sqft

Description

This charming period property presents a noteworthy opportunity for renovation and investment, situated in a sought-after area to the northeast of Leamington Spa town center. Known for its strong demand driven by proximity to reputable local schools and comprehensive amenities, this residence is available with no upward chain. The interior layout features a welcoming entrance hall that leads into a spacious living room adorned with a bay window, enhancing its character and potential. Adjacent to this space is a separate dining room, providing versatility for various configurations. The kitchen, while requiring modernization, offers an excellent canvas for creating a contemporary culinary space. The ground floor also includes a convenient downstairs w.c., adding to the practicality of the layout. On the first floor, two generously sized double bedrooms provide ample space for relaxation or reconfiguration. A sizable bathroom serves this level, presenting further renovation possibilities to modernize or expand. The property boasts a good-sized rear garden, which could be transformed into an inviting outdoor living area or garden retreat. Located approximately 1.5 miles from the vibrant town center of Leamington Spa, residents will enjoy easy access to an array of cafes, shops, and retail outlets. A Tesco metro nearby covers daily essentials with convenience. For commuters, excellent transport links are available; the A46 is just three miles away, connecting you seamlessly to the wider Midlands motorway network. Additionally, Leamington Spa railway station is only two miles from your door, offering direct services to major cities like London and Birmingham. With its blend of original features and substantial potential for modernization, this property stands as an appealing prospect for both homebuyers looking to create their ideal living space and investors seeking to capitalize on the area's enduring popularity.

Investment Analysis

(CV32 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£262/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£425
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£468,408
10% above area average per sq ft
Potential ROI
+37.8%
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

Manor Road, 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
£1,099
Based on a loan of £225,000 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