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Lodge Close, Atherstone, Warwickshire, CV9

West Midlands

£70,000
Listed on 29/12/2025

Property Details

Bedrooms
1
Type
Flat
Area
444 sqft

Description

This second-floor one-bedroom apartment in Atherstone presents a unique investment opportunity for those looking to customize their living space. With its spacious layout and ample natural light, this property is a canvas ready for your personal touch. The airy lounge, distinguished by generous window space, invites you to create an inviting environment with your choice of furnishings while maintaining sound dampening underfoot. The bedroom provides comfortable dimensions suitable for double furniture arrangements, ensuring a restful escape from the bustle of daily life. The kitchen is functional and well-equipped with high-level cabinetry and plumbing already in place, requiring only flooring and the addition of standard appliances such as a cooker and refrigerator to complete the setup. This manageable enhancement will not only personalize the space but also add immediate value. Similarly, the bathroom features a practical suite that is mostly finished with quality tiling; it merely requires some additional work to elevate its contemporary appeal. In addition to these interior opportunities, the property includes a garage and ample communal parking—benefits often lacking in apartment living. Furthermore, with low council tax (Band A) and potential eligibility for government grants, there are various financial incentives for buyers. This apartment's straightforward nature makes it ideal for first-time buyers, investors seeking strong rental yields, or renovation enthusiasts keen on property improvement. The blend of ready-to-enjoy moments with potential enhancements sets this offering apart in today's market. Cash buyers will appreciate the simplicity of a chain-free transaction here in Atherstone.

Investment Analysis

(CV9 area)

Below Market Value

This property is priced -39.5% below area average per sq ft

-39.5%
Potential saving
This Property
£158/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£208
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£127,228
10% above area average per sq ft
Potential ROI
+59.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CV9)

Area prices are falling by +2.9% over the last 12 months
3 year growth: -0.7%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on CV9 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

Lodge Close, Atherstone, Warwickshire, CV9
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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
£256
Based on a loan of £52,500 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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