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Grove Road, Atherstone CV9

West Midlands

£145,000

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
616 sqft

Description

This traditional two-bedroom terraced property, situated in the heart of Atherstone, offers a unique chance for investors or first-time buyers looking to create their ideal living space. The home features a practical layout with two well-sized reception rooms that provide versatile options for entertaining or relaxed living. The kitchen at the rear is accessible from both reception areas and leads to a low-maintenance garden, perfect for those who wish to personalize their outdoor space. Upstairs, you'll find two spacious double bedrooms, along with a modernized shower room that includes contemporary fixtures. While the property requires some modernization throughout to fully realize its potential, it presents an excellent canvas for renovation in a desirable location close to shops and transport links. Early viewing is recommended to explore this opportunity further.

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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)
£225
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£182,647
10% above area average per sq ft
Potential ROI
+7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CV9)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +2.3%
5 year growth: +3.4%
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 CV9
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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

Next Steps

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