Norman Avenue, Nuneaton, CV11
PU

Norman Avenue, Nuneaton, CV11

By Purplebricks

£ 280,000

Reviews

2 out of 5 stars

Purplebricks says ..

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 £...

Property Oracle says ..

This property is a 7 bedroom, 5 bathroom semi-detached house located on Norman Avenue in Nuneaton. The property benefits from being close to several schools, including Chilvers Coton Community Infant School (0.29km), Our Lady & St Joseph Catholic Academy (0.80km), and St Thomas More Catholic School (0.84km), all with good Ofsted ratings where applicable. Nuneaton train station is also within a reasonable distance (1.27km), providing convenient access to public transportation. The house itself appears to be in need of some modernisation and updating, as seen in the provided images, particularly in the bathrooms and some of the bedrooms. The kitchen appears to have been recently updated. The property benefits from a small rear garden. While the list price of £280,000 is below the average price for the area (£340,786), it is important to consider the condition of the property and the need for potential renovations. The average price per sqft in the area is £380, and while the sqft of this property is larger than average, the required renovations may offset any potential savings.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
4
Location
7
Land
3
Bedrooms
7
Bathrooms
5
Sqft (est)
1,285.00
Lot (est)
1,588.00

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
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
553,835.00 £
Increased by 20.73 %
from 458,745.00 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
1,285.00 £/mo
Unchanged by 0.00 %
from 1,285.00 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Chilvers Coton Community Infant SchoolCommunity SchoolGood0.29 KM
Our Lady & St. Joseph Catholic AcademyAcademy Converter0.80 KM
St Thomas More Catholic School And Sixth Form CollegeAcademy ConverterGood0.84 KM
Riversley Park Children'S CentreChildren's Centre0.88 KM
Queen'S Church Of England AcademyAcademy Sponsor LedGood0.92 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Prince's Avenue £ 000.00 KM
Marlborough Road £ 000.00 KM
Prince's Street £ 75,00000.00 KM
Villiers Street £ 000.00 KM
High Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nuneaton1077NUN1.27 KM
Bermuda Park6543BEP2.09 KM
Bedworth1165BEH4.60 KM
Coventry Arena7416CAA8.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norman Avenue, Nuneaton, CV11 £ 280,000BUY4 / 100.00 KM
Bracebridge Street, Nuneaton, CV11 £ 175,000BUYUnknown0.10 KM
Bracebridge Street, Nuneaton £ 179,950BUY6 / 100.10 KM
Edward Street, Nuneaton £ 195,000BUY6 / 100.12 KM
Alexandra Street, Nuneaton £ 180,000BUY5 / 100.17 KM

Nearby Properties

AddressPriceDistance
60 Norman Avenue £ 136,5000.01 KM
110 Norman Avenue £ 125,9950.01 KM
133 Bracebridge Street £ 104,0000.12 KM
109 Bracebridge Street £ 140,0000.12 KM
137 Bracebridge Street £ 107,5000.12 KM