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Leam Terrace, Leamington Spa

West Midlands

£285,000
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
1399 sqft

Description

This Grade II listed Regency style end terrace townhouse presents a significant opportunity for investors or DIY enthusiasts seeking to restore a property of character in the desirable area of South Leamington Spa. The spacious two-bedroom accommodation, while retaining original architectural features, is in need of comprehensive modernisation and enhancement. Located in a tree-lined residential street, the property offers convenient access to local amenities, including shops, schools, and recreational spaces like Jephson Gardens.

The internal layout comprises two generous reception rooms, a kitchen area that connects to a non-converted cellar, and an upstairs bathroom completed with essential fixtures. Both bedrooms are spacious, with ample light from sash windows. The rear garden requires maintenance but boasts potential for landscaping or gardening projects.

This home is ideal for cash buyers or those able to put down a substantial deposit due to the extent of renovation necessary. Viewing is encouraged to appreciate the full scope of what this property can become in the right hands.

Investment Analysis

(CV31 area)

Below Market Value

This property is priced -42.4% below area average per sq ft

-42.4%
Potential saving
This Property
£204/sq ft
Area Average
£354/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£544,386
10% above area average per sq ft
Potential ROI
+57.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CV31)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +5.2%
5 year growth: +15.0%
Investment Disclaimer: Analysis based on CV31 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

Leam Terrace, Leamington Spa
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,009
Based on a loan of £213,750 over 30 years at 3.91% 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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