Old Milverton, Leamington Spa
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Old Milverton, Leamington Spa

By Godfrey Payton

£ 285,000

Reviews

3 out of 5 stars

Godfrey Payton says ..

20 Old Milverton is a two-bedroom detached cottage that sits within a sizeable plot extending to circa 661m2. The property offers the opportunity to renovate, extend or re-develop and has recently been granted a Lawful Development Certificate for an extension and detached garage. The prop...

Property Oracle says ..

This two-bedroom detached cottage in Old Milverton, Leamington Spa, presents a compelling opportunity for buyers willing to undertake a significant renovation project. Located in a desirable area with convenient access to excellent schools, train stations, and local amenities, it offers considerable potential. The property’s existing structure appears sound, but the interior is in need of complete modernisation. The kitchen and bathroom facilities are dated and require updating. The images reveal general wear and tear that necessitates a full refurbishment. The inclusion of a garden is a significant positive aspect, offering outdoor space often lacking in comparable urban properties. The presence of approved plans for an extension and detached garage further enhances the property’s potential value after renovation. The listed price seems reasonable, taking into account its location and the land but must also be considered in light of the extensive renovations that are clearly needed. Potential buyers should budget accordingly for significant refurbishment costs before finalising any purchasing decisions. Buyers should carefully consider the costs of renovation before purchasing this property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
615.30

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
180,000.00 £
Decreased by 63.36 %
from 491,295.00 £
Est sale value
182,744.10 £
Decreased by 27.91 %
from 253,503.60 £
Average area rental value
1,410.00 £/mo
Decreased by 6.44 %
from 1,507.00 £/mo
Est letting value
1,230.60 £/mo
Increased by 100.00 %
from 615.30 £/mo
Est rental Yield
9.40 %
Increased by 155.43 %
from 3.68 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Godfrey Payton marked this listing as sold.

  • Godfrey Payton created the listing.

Nearby Schools

NameTypeOfstedDistance
Brookhurst Primary SchoolCommunity SchoolGood1.05 KM
Trinity Catholic SchoolAcademy Converter1.19 KM
Emscote Infant SchoolCommunity SchoolOutstanding1.81 KM
All Saints' Cofe Junior SchoolVoluntary Controlled SchoolGood1.82 KM
Warwickshire College GroupFurther EducationGood1.88 KM

Images

IMG_4056.JPG IMG_4049.JPG IMG_4044.JPG IMG_4035.JPG IMG_4039.JPG 253_PL-04_Proposed Site Plan.jpg IMG_4043.JPG 1733487088252-51245c50-ed2d-4af6-b0d6-e333f5014c77 253_PL-06_Proposed Garage.jpg IMG_4046.JPG IMG_4037.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Church Road £ 2,250,00000.00 KM
Kingfisher Close £ 185,32800.00 KM
Riverside View £ 130,00000.00 KM
Cliffe Road £ 000.00 KM
Oswald Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Warwick4600WRW3.05 KM
Leamington Spa4597LMS3.33 KM
Kenilworth7985KNW4.64 KM
Warwick Parkway8530WRP6.07 KM

Nearby Listings

AddressPriceTypeScoreDistance
Range Meadow Close, Leamington Spa £ 600,000BUY6 / 100.51 KM
Hopton Crofts, Leamington Spa, Warwickshire CV32 6NT £ 1,000,000BUYUnknown0.60 KM
Ravensdale Avenue, Leamington Spa, CV32 6NQ £ 425,000BUY7 / 100.64 KM
Ravensdale Avenue, Leamington Spa £ 395,000BUY6 / 100.66 KM
Kendal Avenue, Leamington Spa £ 760,000BUYUnknown0.68 KM

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