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£450,000
Offers Over

7 bed house for sale Westlea Road, Leamington Spa, CV31 3JJ

7 beds 2 baths Semi-Detached House
Tenure: ask agent

Added today

About this property

NN18171

Discover an exceptional investment opportunity with this substantial seven-bedroom home, boasting a rare HMO license and currently generating £36,000 per annum, all situated in the desirable CV31 3JJ postcode. There is significant scope to improve the current yield, making this an even more attractive proposition.

Key features

  • NN18171
  • Licensed 7-bedroom HMO
  • Current income of £36,000 per annum
  • Significant scope to improve yield
  • Spacious communal reception room
  • Two well-appointed bathrooms
  • Off-street parking via driveway
  • Private rear garden
  • Excellent access to local amenities and transport links
  • Rare investment opportunity in sought-after CV31 postcode

Floorplan

Location

Westlea Road, Leamington Spa, CV31 3JJ

Council tax
Band D (Approx £2,462/year)

Mortgage and stamp duty

Property price £450,000
£225k £675k
Deposit10% £45,000
£0 £450k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £405,000 mortgage. Most lenders would want a household income of about £90,000 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 CV31 3JJ. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
61, Westlea Road Semi-detachedFeb 2026840 sq ft £354/sq ft£297,000
59, Westlea Road Semi-detachedSept 2025861 sq ft £327/sq ft£281,850
48, Westlea Road Semi-detachedJun 2025592 sq ft £389/sq ft£230,000
46, Westlea Road Semi-detachedJun 2025603 sq ft £423/sq ft£255,000
70, Westlea Road Semi-detachedJul 2024797 sq ft £339/sq ft£270,000
47, Westlea Road Semi-detachedApr 2022753 sq ft £333/sq ft£251,000
49, Westlea Road Semi-detachedSept 2021786 sq ft £283/sq ft£222,200
41, Westlea Road TerracedJul 2021786 sq ft £296/sq ft£232,500

All sales on Westlea Road → All sold prices in Leamington Spa →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Nathan Nock
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