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Chapel Street, Warwick CV34

West Midlands

£750,000
Listed on 09/04/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
3211 sqft

Description

This property presents a significant renovation opportunity situated in the vibrant center of Warwick. Spanning a considerable footprint, this versatile 4/5 bedroom residence is well-suited for investors and developers looking to enhance its potential or families desiring to create their dream home. The existing layout consists of four reception areas that offer ample scope for modernizing into an open-plan format or maintaining separate living zones. Additionally, the presence of two kitchens allows for creative configurations suitable for multi-generational needs or even a self-contained annex. Comprising four to five bedrooms, with two featuring ensuite bathrooms, the property lays the groundwork for an upscale finish post-renovation. An appealing highlight is the barrelled cellar divided into two sections, which can be utilized for extra storage or transformed under appropriate permissions. Outside, enjoy a low-maintenance private courtyard and a single garage. Notably, much of the interior is in a back-to-brick condition, giving purchasers an excellent opportunity to fully customize the space according to their preferences. Furthermore, planning permission was recently approved in June 2024 to demolish part of the existing structure and replace it with a substantial two-storey rear extension. This enhancement not only increases living area possibilities but also adds significant value to the overall property. Such a rare offering in this desirable location makes it an attractive investment with both immediate refurbishment needs and long-term development prospects.

Investment Analysis

(CV34 area)

Below Market Value

This property is priced -35.5% below area average per sq ft

-35.5%
Potential saving
This Property
£234/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,278,973
10% above area average per sq ft
Potential ROI
+42.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CV34)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +1.6%
5 year growth: +9.7%
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

Chapel Street, Warwick CV34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,656
Based on a loan of £562,500 over 30 years at 3.91% 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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