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Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 1
Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 2
Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 3
Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 4
Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 5

Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN

West Midlands

£45,000

Listed on 30/05/2026

Property Details

Bedrooms
4
Type
Studio
Area
291 sqft

Description

This Grade II listed studio apartment presents a compelling opportunity for renovation and investment. Situated on the third floor with secure gated access, it is conveniently located less than half a mile from the town centre. The property comes with a long lease of 107 years and features essential amenities such as mains electricity, water, and electric central heating, although checks on these services have not been conducted. With an efficient layout comprising a lounge/bedroom area, compact kitchen, and bathroom, this space can be transformed to maximize its potential. Allocated parking at the rear adds further appeal in this desirable location. Given its current EPC rating of F, improvements are required to elevate the overall living experience and energy efficiency, making this an ideal project for investors seeking to capitalize on the West Midlands rental market.

Investment Analysis

(CV9 area)

Below Market Value

This property is priced -42.7% below area average per sq ft

-42.7%
Potential saving
This Property
£155/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£86,331
10% above area average per sq ft
Potential ROI
+23.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CV9)

Area prices are falling by -5.7% over the last 12 months
3 year growth: +3.0%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on CV9 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

Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£170
Based on a loan of £33,750 over 30 years at 4.45% 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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