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Princes Avenue, Nuneaton, CV11 5NU - Image 1
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Princes Avenue, Nuneaton, CV11 5NU

West Midlands

£155,000

Listed on 08/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
539 sqft

Description

This modern centre terrace residence offers a promising opportunity for first-time buyers or those looking to create a personalized home. Located on the edge of the desirable Weavers Green development in Nuneaton, this property is priced realistically to reflect the need for general modernization and improvement. With some vision and effort, it can be transformed into a comfortable living space. The home is well-suited for individuals, couples, or small families, thanks to its convenient location that provides easy access to Nuneaton's vibrant town centre, which boasts a variety of shops, cafes, and restaurants. Families will appreciate the proximity to local schools and parks, contributing to a friendly community atmosphere. Inside, the entrance hall leads to a bright lounge featuring a front window that fills the room with natural light. The full-width breakfast kitchen at the rear is in need of updating but offers ample potential for a contemporary culinary area. A door and window from the kitchen open directly to the fully enclosed rear garden, perfect for outdoor dining or relaxation. On the first floor, two well-proportioned bedrooms provide comfortable accommodation, complemented by a family bathroom that awaits modernization. The property also benefits from an allocated parking space and a private rear garden, which offers a blank canvas for landscaping ideas. This home is offered for sale with no upward chain, facilitating a quicker buying process. To appreciate the potential and layout fully, we invite you to view our online Home360 virtual tour before scheduling a personal visit.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

39out of 100
Grade ELow opportunity

Confidence: MEDIUM

This two-bedroom terraced house presents an opportunity for first-time buyers or those looking to create a personalised home, though it does require significant updating throughout. The asking price of £155,000 translates to £288/sqf, which is slightly above the local average of £278/sqf. While it appears affordable at first glance, the all-in costs, factoring in the refurbishment range of £20,000 to £40,000, push the total to around £185,000. This figure exceeds the implied current local average value of £149,788 for the area, leaving limited room for profit after renovation.

The property's good location is a strong positive, with easy access to Nuneaton's amenities, schools, and parks, making it suitable for individuals or families. The potential for value increase after modernising the dated interiors, including the lounge and kitchen, is evident. However, prospective buyers should be aware that the economics of this listing might be stretched given the current market benchmarks, which could impact their investment strategy.

Key opportunities

  • Scope to modernise dated interiors, particularly in the lounge and kitchen.
  • Potential to enhance the enclosed garden space for outdoor living.
  • Good location near local amenities, schools, and parks.

Key risks

  • All-in costs exceed local average value, which may limit potential profit from renovations.

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Map

Location

Princes Avenue, Nuneaton, CV11 5NU
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£586
Based on a loan of £116,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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