£145,000

Added yesterday
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.
Norman Avenue, Nuneaton, CV11 5NY
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.
HM Land Registry sales in CV11 5NY. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 81, Norman Avenue Semi-detached | Semi-detached | Feb 2025 | 1,109 sq ft £171/sq ft | 1,109 sq ft | £171 | £190,000 |
| 77, Norman Avenue Semi-detached | Semi-detached | Feb 2023 | 958 sq ft £183/sq ft | 958 sq ft | £183 | £175,000 |
| 106, Norman Avenue Semi-detached | Semi-detached | Oct 2022 | 990 sq ft £151/sq ft | 990 sq ft | £151 | £150,000 |
| 83, Norman Avenue Semi-detached | Semi-detached | Jan 2021 | 1,625 sq ft £132/sq ft | 1,625 sq ft | £132 | £214,000 |
| 60, Norman Avenue Semi-detached | Semi-detached | Jan 2019 | 1,044 sq ft £131/sq ft | 1,044 sq ft | £131 | £136,500 |
| 110, Norman Avenue Terraced | Terraced | Aug 2017 | 969 sq ft £130/sq ft | 969 sq ft | £130 | £125,995 |
| 83, Norman Avenue Semi-detached | Semi-detached | Sept 2016 | 1,625 sq ft £137/sq ft | 1,625 sq ft | £137 | £222,000 |
| 73, Norman Avenue Terraced | Terraced | Sept 2016 | 969 sq ft £150/sq ft | 969 sq ft | £150 | £145,500 |
The neighbourhood around this property.
