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£280,000
Offers in excess of

7 bed house for sale Norman Avenue, Nuneaton

7 beds 1 bath Semi-detached house
Freehold

Added yesterday

About this property

This excellent investment opportunity is a licensed HMO located at Norman Avenue, Nuneaton, Warwickshire, CV11 5NY. The property comprises seven bedrooms, four of which benefit from en-suite facilities, offering strong rental potential. Five rooms are currently let, generating rental incomes of £525 pcm for bedroom one, £450 pcm for bedroom two, £525 pcm for bedroom three, £475 pcm for bedroom four, and £525 pcm for bedroom five.

Key features

  • Seven Bedroom Semi Detached
  • Fully Licensed HMO
  • Fantastic Investment
  • Spacious Kitchen/Diner
  • Four En-Suites
  • Downstairs Shower Room
  • Guest W/C
  • Close to Local Amenities
  • Freehold
  • Viewings Highly Recommended

Floorplan

Location

Norman Avenue, Nuneaton, CV11 5NY

Council tax
Band D (Approx £2,502/year)

Mortgage and stamp duty

Property price £280,000
£140k £420k
Deposit10% £28,000
£0 £280k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £252,000 mortgage. Most lenders would want a household income of about £56,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in CV11 5NY. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
81, Norman Avenue Semi-detachedFeb 20251,109 sq ft £171/sq ft£190,000
77, Norman Avenue Semi-detachedFeb 2023958 sq ft £183/sq ft£175,000
106, Norman Avenue Semi-detachedOct 2022990 sq ft £151/sq ft£150,000
83, Norman Avenue Semi-detachedJan 20211,625 sq ft £132/sq ft£214,000
60, Norman Avenue Semi-detachedJan 20191,044 sq ft £131/sq ft£136,500
110, Norman Avenue TerracedAug 2017969 sq ft £130/sq ft£125,995
83, Norman Avenue Semi-detachedSept 20161,625 sq ft £137/sq ft£222,000
73, Norman Avenue TerracedSept 2016969 sq ft £150/sq ft£145,500

All sales on Norman Avenue → All sold prices in Nuneaton →

Area insights

The neighbourhood around this property.

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