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Millway Drive, Bishops Tachbrook, Leamington Spa

West Midlands

£250,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
791 sqft

Description

This three-bedroom mid-terrace property is nestled in the desirable village of Bishops Tachbrook and is being sold with no onward chain, making it an appealing option for those looking to invest in a renovation project. The house is primed for modernization, providing a well-laid-out interior that allows for creative reconfiguration and enhancements. The ground floor features an entrance hallway leading into a spacious living/dining area, complemented by a kitchen that opens directly onto a generously sized rear garden, which is further enhanced by additional land beyond the garden itself—ideal for expansion or outdoor landscaping (subject to planning approval). Upstairs, you will find two sizeable double bedrooms alongside a smaller single bedroom and a shower room. This property’s highlight undoubtedly lies in its potential; with some refurbishment, it can be transformed into a comfortable family home tailored to personal tastes. Added conveniences include an en bloc garage located close to the house. Positioned within walking distance of local amenities and schools, as well as having quick access to Leamington Spa and the M40 corridor, this property presents an excellent opportunity for homebuyers aiming to capitalize on its substantial investment potential.

Investment Analysis

(CV33 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£316/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£327
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£325,200
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CV33)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +8.7%
5 year growth: +8.1%
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, Bishops Tachbrook, Leamington Spa
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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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