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Back Lane, Meriden, CV7

West Midlands

£440,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1213 sqft

Description

Introducing Yew Tree, a character-rich cottage nestled in a serene semi-rural setting that showcases the potential for both personal touches and investment. This home features traditional wooden flooring and exposed brickwork that add to its rustic charm. The spacious lounge, complete with a functional log burner, flows seamlessly into a kitchen/dining area that offers ample prep space and access to the outdoor patio, ideal for entertaining or daily family gatherings. The separate utility/boot room enhances functionality, while the converted garage provides a versatile space that could serve as a fourth bedroom, office, or even self-contained accommodation due to its independent access and shower room. The upper level comprises three well-appointed bedrooms. Notably, the second bedroom has plumbing ready for an ensuite—an easy upgrade for those looking to enhance property value. The family bathroom maintains its cottage charm with a corner bath, yet there is significant scope for modernization throughout this home. Outside, enjoy a tranquil garden retreat with multiple seating areas overlooking open fields. With careful renovation, this property presents not just a lovely home but also excellent investment opportunities—whether enhancing energy efficiency ratings from C to B or exploring possibilities for additional rental income through the converted spaces.

Investment Analysis

(CV7 area)

Above Market Value

This property is priced +15.9% above area average per sq ft

+15.9%
This Property
£363/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£273
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£417,436
10% above area average per sq ft
Potential ROI
-13.0%
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
36%
Properties sold annually

Local Market Trend (CV7)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -1.1%
5 year growth: +4.8%
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

Back Lane, Meriden, CV7
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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
£1,587
Based on a loan of £330,000 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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