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Milby Drive, Nuneaton, CV11

West Midlands

£495,000

Listed on 23/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1582 sqft

Description

Nestled within a desirable estate, this spacious four to five bedroom detached home is set on an impressive plot featuring a substantial garden, double garage, and ample off-road parking. The property’s layout offers flexibility, making it an ideal candidate for modernisation. Potential buyers can envision creating their dream family residence while exploring opportunities for further enhancements with the appropriate planning permissions. Located conveniently near reputable schools and accessible local amenities, this home is well-suited for families looking to invest in a property that can grow with them. The ground floor comprises a welcoming entrance porch leading to a sizeable hallway with a versatile room that can function as a study or fifth bedroom, complemented by a practical shower room. The generous living area allows for both relaxation and dining, seamlessly connecting to a large conservatory that overlooks the serene rear garden—perfect for entertaining or unwinding. The kitchen comes equipped with essential units and has provisions for gas cooking, alongside a separate utility room with side access. Upstairs, the galleried landing guides you to four sizable bedrooms that share a family bathroom adorned with modern fixtures. The exterior boasts attractive curb appeal with a driveway accommodating up to four vehicles and direct access to the double garage. The tranquil rear garden is established and private, featuring well-maintained lawns and mature planting alongside outdoor seating areas. This property represents an exciting renovation opportunity in the West Midlands housing market.

Investment Analysis

(CV11 area)

Above Market Value

This property is priced +12.8% above area average per sq ft

+12.8%
This Property
£313/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£482,818
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CV11)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -4.2%
5 year growth: +13.2%
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

Milby Drive, Nuneaton, CV11
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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
£1,766
Based on a loan of £371,250 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.

Stamp Duty Calculator

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