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Thirlmere Avenue, St Nicolas Park, Nuneaton, CV11 6HU

West Midlands

£325,000
Listed on 21/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1787 sqft

Description

This detached family home presents a unique opportunity for cash buyers looking to engage in a significant renovation project within the desirable St Nicolas Park Estate. Currently uninhabitable due to the absence of a kitchen and heating system, the property is categorized for cash purchases only, making it perfect for those who can fund its refurbishment through alternative means. The residence has undergone some structural work, offering a well-thought-out layout that includes an inviting entrance hall, a spacious lounge, and a planned open-plan family dining kitchen, which is designed to feature bi-fold doors and a lantern roof for optimal natural light. The ground floor also includes provisions for a separate family room and a shower room, enhancing the adaptability of the living space. Upstairs, you will find four sizable bedrooms along with a family bathroom, all ready for customization according to personal preferences regarding fixtures and finishes. The external areas include off-road parking at the front and a garden at the rear that presents ample opportunity for landscape design. Situated conveniently near reputable schools like Higham Lane Secondary School and local amenities, this property holds significant investment potential. It invites buyers seeking to create their dream home in an area known for its appeal. Prospective purchasers are encouraged to conduct their due diligence regarding funding suitability and renovation requirements before viewing.

Investment Analysis

(CV11 area)

Below Market Value

This property is priced -33.8% below area average per sq ft

-33.8%
Potential saving
This Property
£182/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£539,880
10% above area average per sq ft
Potential ROI
+30.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Thirlmere Avenue, St Nicolas Park, Nuneaton, CV11 6HU
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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
£1,172
Based on a loan of £243,750 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.

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