Worst House on the Street Logo
Cloverlea, Nortoft Lane, CV23 - Image 1
Cloverlea, Nortoft Lane, CV23 - Image 2
Cloverlea, Nortoft Lane, CV23 - Image 3
Cloverlea, Nortoft Lane, CV23 - Image 4
Cloverlea, Nortoft Lane, CV23 - Image 5
Cloverlea, Nortoft Lane, CV23 - Image 6
Cloverlea, Nortoft Lane, CV23 - Image 7
Cloverlea, Nortoft Lane, CV23 - Image 8
Cloverlea, Nortoft Lane, CV23 - Image 9
Cloverlea, Nortoft Lane, CV23 - Image 10
Cloverlea, Nortoft Lane, CV23 - Image 11
Cloverlea, Nortoft Lane, CV23 - Image 12
Cloverlea, Nortoft Lane, CV23 - Image 13
Cloverlea, Nortoft Lane, CV23 - Image 14
Cloverlea, Nortoft Lane, CV23 - Image 15
Cloverlea, Nortoft Lane, CV23 - Image 16
Cloverlea, Nortoft Lane, CV23 - Image 17
Cloverlea, Nortoft Lane, CV23 - Image 18

Cloverlea, Nortoft Lane, CV23

West Midlands

£925,000
Listed on 31/03/2026

Property Details

Bedrooms
4
Type
Smallholding
Area
1981 sqft

Description

Nestled in a semi-rural setting, this four-bedroom bungalow on Nortoft Lane offers a unique investment prospect with ample potential for personalisation and modernisation. While the property is currently well-presented, some areas could benefit from updates to fully maximise its appeal. The accommodation spans approximately 184m² and includes versatile living spaces such as a spacious kitchen, dining room, and an inviting living area featuring a wood-burning stove. A noteworthy highlight is the expansive conservatory that provides a delightful view of the generous garden. The bungalow's layout includes four bedrooms, a family bathroom equipped with both bathing and shower facilities, and separate WC access. Furthermore, there is an opportunity for expansion by utilising the partially boarded loft space. Set on approximately 9.02 hectares (22.27 acres) of productive pastureland currently used for livestock grazing, this property also boasts various agricultural outbuildings including a double garage and several workshops—ideal for those seeking agricultural or equestrian pursuits. The land is well-fenced and features existing water troughs. Though requiring some refurbishment—including the repair or potential replacement of outbuildings—the property presents significant opportunities for enhancement to align it with contemporary standards while respecting its rural charm.

Investment Analysis

(CV23 area)

Above Market Value

This property is priced +46.9% above area average per sq ft

+46.9%
This Property
£467/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£301
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£692,518
10% above area average per sq ft
Potential ROI
-31.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CV23)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -4.0%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on CV23 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

Cloverlea, Nortoft Lane, CV23
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,336
Based on a loan of £693,750 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.