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Chenies Close, Allesley Park - CASH BUYER ONLY

West Midlands

£130,000
Listed on 24/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace

Description

This two-bedroom end of terrace home in the sought-after Allesley Park area presents a prime opportunity for cash buyers looking to undertake a renovation project. The property requires comprehensive refurbishment, making it an ideal canvas for investors or homeowners eager to customize their living space. A recently installed boiler provides a head start for heating upgrades, while the generous plot size opens up possibilities for creating off-road parking, pending necessary permissions. The home's end of terrace position offers added privacy and outdoor space, enhancing its appeal compared to mid-terrace properties. With local amenities, schools, and transport options within easy reach, this property holds strong potential for future resale or rental income once updated. Early viewings are encouraged to fully appreciate the renovation possibilities available.

Investment Analysis

(CV5 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (CV5)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +1.2%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on CV5 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

Chenies Close, Allesley Park - CASH BUYER ONLY
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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
£469
Based on a loan of £97,500 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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