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Spinney Hill, Warwick

West Midlands

£450,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1351 sqft

Description

This spacious three-bedroom detached bungalow is set on an expansive plot, offering ample off-road parking and a wealth of potential for investors or renovators. The layout includes a generous lounge/diner, a conservatory, a breakfast kitchen, and a four-piece bathroom, all of which are ripe for updating and modernisation to meet contemporary standards. There is also the opportunity to extend the property, subject to planning permission, enhancing its value further. The entrance leads into an 'L' shaped reception hall with an airing cupboard and boiler. The lounge/dining room features a bow window and sliding doors that connect to the rear conservatory. The kitchen includes essential amenities with space for upgrades. Each of the three bedrooms offers various views of the garden space, while the bathroom comes equipped with both bath and shower facilities. Outside, enjoy sizable gardens both front and back, with a garage providing additional utility. Given its current condition and potential for improvement, this property represents a smart investment opportunity in the West Midlands.

Investment Analysis

(CV34 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£333/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£528,011
10% above area average per sq ft
Potential ROI
+7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CV34)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -0.3%
5 year growth: +7.0%
Investment Disclaimer: Analysis based on CV34 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

Spinney Hill, Warwick
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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
£1,700
Based on a loan of £337,500 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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