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Mill Close, Nuneaton, CV11

West Midlands

£515,000
Listed on 29/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1433 sqft

Description

This unique detached residence offers a coveted opportunity for buyers looking to transform a solidly built home into their dream space. Nestled in a serene section of Mill Close, just off the desirable Lutterworth Road, this property boasts an expansive plot with a substantial garden that is not overlooked, providing potential for outdoor enhancements. Having been in the hands of the current owners for about 50 years, it presents itself for the first time on the market, ready for new owners to infuse it with modern updates and personal touches. Approached via a manicured front lawn and a wide driveway suitable for multiple vehicles, it leads to a double garage complete with an additional storage area. The spacious entrance invites you into generous living areas, including a well-lit principal living room with dual aspects and direct access to the garden—ideal for creating an inviting space for entertaining. The property's layout features separate dining and kitchen areas that lend themselves well to renovation; while the kitchen is equipped with essential modern units and appliances, it holds significant potential for reconfiguration or upgrades. Upstairs, four bedrooms—including three sizable doubles—provide ample accommodation, alongside two bathrooms which are primed for contemporary refurbishment. The well-established rear garden is both tranquil and charming, featuring mature planting and a central pond that could be enhanced further. With its generous dimensions and characterful features throughout, this property stands as an exceptional canvas for those looking to create a long-lasting family home in a desirable location. Viewing is highly encouraged to grasp the full potential this home offers.

Investment Analysis

(CV11 area)

Above Market Value

This property is priced +30.9% above area average per sq ft

+30.9%
This Property
£359/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£432,931
10% above area average per sq ft
Potential ROI
-23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CV11)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +1.0%
5 year growth: +22.1%
Investment Disclaimer: Analysis based on CV11 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

Mill Close, Nuneaton, CV11
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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
£1,857
Based on a loan of £386,250 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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