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Lower Leam Street, Leamington Spa

West Midlands

£185,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
840 sqft

Description

This end townhouse, built in the 1970s, offers a substantial project for those looking to invest in South Leamington Spa. With two bedrooms and a garage, this property is ripe for complete modernisation. Nestled within a well-regarded area, approximately half a mile from the town centre and close to various amenities such as shops, schools, and recreational facilities like Jephson Gardens, its location adds further appeal. While the property boasts good proportions and essential features, it requires significant refurbishment before it can reach its full potential as a comfortable family home or rental investment. The accommodation includes an entrance hall with cloak cupboard, a spacious lounge/dining room with patio doors to the garden, and a kitchen awaiting updates. Upstairs finds two bedrooms with built-in wardrobes and a bathroom that could benefit from refreshing. Outside, there is both front and rear garden space along with a garage providing additional storage. This property presents an excellent opportunity for cash buyers keen on developing a residential asset in a sought-after locality.

Investment Analysis

(CV31 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£220/sq ft
Area Average
£354/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£326,865
10% above area average per sq ft
Potential ROI
+39.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Lower Leam Street, 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
£655
Based on a loan of £138,750 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.

Stamp Duty Calculator

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