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Highfield Terrace, Leamington Spa, Warwickshire, CV32

West Midlands

£425,000

Listed on 22/05/2026

Property Details

Bedrooms
4
Type
Detached

Description

Situated at the intersection of Highfield Terrace and Rugby Road, this Victorian property boasts numerous period features such as lofty ceilings, spacious rooms, and refined sash windows, providing considerable character. Previously functioning as office space, it sprawls across four levels: basement, ground, first, and second floors. This layout not only offers generous room proportions but also presents extensive opportunities for reconfiguration into a stylish residential setting. The ground floor is notable for its expansive reception areas that could be transformed into a modern kitchen and living area enhanced by ample natural light through large windows. Additionally, the separate front suite with independent access opens up possibilities for a self-contained annex or home office. As you ascend the staircase to the upper levels, you'll find well-sized rooms ripe for conversion into bedrooms or versatile spaces like studies. The first floor impresses with its proportions while the upper level can serve as extra guest accommodations or dedicated work-from-home areas. The basement is particularly appealing for those looking to create entertainment zones such as cinemas or gyms after obtaining any necessary permissions. Retaining many original details—such as intricate staircase features and tall skirting boards—this property lays a solid groundwork for a thoughtful refurbishment that respects its heritage while modernising its functionality. Externally, unrestricted on-street parking is available right next to the residence. Located within a vibrant residential community with easy access to various amenities, including Leamington Spa railway station and an array of shops and eateries, this property stands out as a prime candidate for redevelopment into high-demand residential units in a desirable location. Highfield Terrace presents an exceptional investment opportunity in North Leamington Spa’s attractive neighbourhood.

Investment Analysis

(CV32 area)
Area Average
£377/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (CV32)

Area prices are falling by -6.5% over the last 12 months
3 year growth: -5.2%
5 year growth: +0.8%
Investment Disclaimer: Analysis based on CV32 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

Highfield Terrace, Leamington Spa, Warwickshire, CV32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,516
Based on a loan of £318,750 over 30 years at 3.97% 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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