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Grove Road, Atherstone

West Midlands

£145,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
616 sqft

Description

This traditional mid-terraced property, available with no upward chain, presents a remarkable opportunity for buyers eager to infuse their personal touch into a home located in the heart of Atherstone. The house requires modernisation throughout, providing a blank canvas for those looking to enhance its charm and functionality. The well-sized ground floor is composed of two versatile reception rooms, ideal for creating distinct living and dining areas. The front room offers delightful views while the rear room serves as a spacious area perfect for unwinding or hosting gatherings, flowing seamlessly into the kitchen at the back of the property. The kitchen opens up to the rear garden and is ripe for updating according to personal preferences and needs. On the first floor, you will find two generous double bedrooms. The primary bedroom at the rear enjoys direct access to a recently upgraded shower room featuring contemporary fittings including a walk-in shower. The outdoor space is designed with low maintenance in mind, boasting artificial grass areas and paved paths alongside practical storage options within outbuildings—creating an enjoyable yet manageable outdoor retreat. This property stands out as an excellent choice for first-time buyers, investors seeking potential rental income, or anyone looking to downsize without compromising on comfort. Its convenient location ensures easy access to local amenities, shops, and transport links. Atherstone itself exudes a traditional market town vibe while offering strong transport connections that appeal to commuters.

Investment Analysis

(CV9 area)

Below Market Value

This property is priced -12.7% below area average per sq ft

-12.7%
Potential saving
This Property
£235/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
£182,749
10% above area average per sq ft
Potential ROI
+7.5%
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

Grove Road, Atherstone
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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
£548
Based on a loan of £108,750 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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