Taverners Lane, Atherstone, Warwickshire, CV9 2BA
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Taverners Lane, Atherstone, Warwickshire, CV9 2BA

By Wards Residential

£ 600,000

Reviews

2 out of 5 stars

Wards Residential says ..

The subject property comprises an industrial facility on the fringe of Atherstone town centre, with adjacent three bedroom detached house. The industrial facility is of cavity brickwork construction surmounted by a mixture of flat roofing systems and an asbestos sheet north light roof. The facil...

Property Oracle says ..

This property presents a unique investment opportunity in Atherstone, Warwickshire. The listing comprises a three-bedroom detached house alongside an industrial facility. The residential element shows a generally acceptable interior condition, with rooms that appear relatively modern and well-maintained. However, external areas and the industrial units require closer inspection to assess their condition and potential repair costs, with visible signs of wear and tear evident in the provided photographs. The house benefits from a reasonably sized garden area, which is an appealing feature in a town centre location. Location-wise, the property offers convenient access to local amenities, including well-regarded schools and Atherstone train station. However, the proximity to an industrial estate may be a drawback to potential buyers prioritising a quieter residential environment. The £600,000 price point is significantly higher than nearby comparable residential houses, but the industrial component likely factors into this valuation. A comprehensive survey of the industrial buildings and a detailed assessment of their potential value are crucial to a fair market valuation. Therefore, a potential buyer must carefully weigh the advantages of the location and the existing house against the considerable investment required to improve the condition of the overall property, particularly the industrial units.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
4
Bedrooms
3
Bathrooms
1

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
130,000.00 £
Decreased by 39.01 %
from 213,152.00 £
Average area rental value
1,167.00 £/mo
Increased by 36.81 %
from 853.00 £/mo
Est rental Yield
10.77 %
Increased by 124.37 %
from 4.80 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Wards Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Outwoods Primary SchoolCommunity SchoolGood0.56 KM
Atherstone Nursery SchoolLocal Authority Nursery SchoolOutstanding0.79 KM
Oneschool Global UkOther Independent School0.87 KM
Atherstone Early Years CentreChildren's Centre0.95 KM
Racemeadow Primary AcademyAcademy Sponsor LedGood1.22 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Dudley Street £ 000.00 KM
Bracebridge Road £ 375,00000.00 KM
Stratton Street £ 000.00 KM
Bath Road £ 000.00 KM
St Clements Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Atherstone1074ATH1.02 KM
Polesworth1078PSW9.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Taverners Lane, Atherstone, Warwickshire, CV9 2BA £ 600,000BUY5 / 100.00 KM
Westwood Road, Atherstone £ 170,000BUY7 / 100.13 KM
Bachelors Bench, Atherstone £ 165,000BUY6 / 100.13 KM
Orchard Court, Atherstone £ 215,000BUY6 / 100.17 KM
Grove Road, Atherstone, CV9 £ 240,000BUY8 / 100.20 KM

Nearby Properties

AddressPriceDistance
58 Westwood Road £ 147,0000.11 KM
74 Westwood Road £ 85,5000.11 KM
12 Westwood Road £ 100,0000.11 KM
Greenlea £ 200,0000.11 KM
66 Westwood Road £ 94,0000.11 KM