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About This Property

Discover what makes this home special

The Drake is a charming end-terraced home located in the historic market town of Atherstone. Priced competitively at £244,950, this property offers a well-designed layout with two spacious bedrooms and a modern bathroom, ideal for small families or professionals seeking a comfortable living space. The ground floor features a bright lounge and a kitchen/dining area with an adjoining utility room, providing practical and flexible living arrangements. The rear garden faces south-east, allowing for pleasant morning and early afternoon sunlight, perfect for outdoor relaxation.

Situated within easy reach of Atherstone Railway Station and local amenities, The Drake offers excellent connectivity to nearby cities such as Coventry and Birmingham, making it a great choice for commuters. The property benefits from a quiet location on plot 118, with potential for future value growth driven by local regeneration projects. This home combines convenience, comfort, and a welcoming community atmosphere, making it an excellent investment or family residence.

Property Features

This end-terraced home features two well-sized bedrooms upstairs alongside a modern family bathroom. The ground floor boasts a spacious lounge and an open kitchen/dining area, complemented by a handy utility room. The south-east facing garden ensures good natural light during the day, ideal for morning coffee or family gatherings. The property’s layout maximizes space and functionality, making it suitable for both families and professionals. Its location on plot 118 offers privacy and a quiet setting within the development.

End-TerracedTwo BedroomsModern BathroomUtility RoomSouth-East Facing GardenClose to Train Station+2

Local Amenities

The Drake benefits from proximity to key amenities including Atherstone Railway Station, providing direct links to Coventry and Birmingham. Families will appreciate the nearby Queen Elizabeth Academy and Atherstone Primary School, both highly regarded in the area. Shopping needs are well catered for with a Tesco Superstore and various local shops within a short drive. Recreational facilities such as the Atherstone Leisure Centre and local parks offer opportunities for sports and outdoor activities. Healthcare needs are met by a local medical centre, ensuring convenience for residents.

Atherstone Railway StationAtherstone Primary SchoolQueen Elizabeth AcademyTesco SuperstoreAtherstone Leisure CentreLocal Parks+1
Atherstone Railway Station Train Station (0.9 miles, 4 mins drive) • 30 mins to Coventry

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£244,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£244,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
60/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited international transport links
Good rental demand from local professionals
Lower profile regional location

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£244,950
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.1%
Based on £1,041/mo rent
Area Price Growth
+0.4%
Average annual increase
5-Year Value Forecast
£249,888
+£4,938 projected gain
5-Year Rent Forecast
£1,297/mo
Based on 4.5% annual growth
Price per Sq Ft£314
Annual Rent Income£12,492
10-Year ROI204%
Break-Even Point18 yrs

Property Value Projection

Based on 0.4% annual growth
£249,888
5yr
£254,926
10yr
£260,066
15yr
£265,309
20yr
£270,658
25yr
Current: £244,950

Monthly Rental Income

Based on 4.5% annual growth
£1,297
5yr
£1,617
10yr
£2,015
15yr
£2,511
20yr
£3,129
25yr
Current: £1,041/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Location

Commute Time Planner

Coventry
30 mins
25 mins
Birmingham New Street
50 mins
45 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen / Dining
Morning Good
Afternoon Good
Evening Moderate
Bedrooms
Morning Moderate
Afternoon Good
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
40
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
Atherstone Town Centre Regeneration
0.7 milesEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£244,950
AvailableNB0000013364
View Location Analytics

The Drake

Atherstone, Atherstone CV9 2HD
Atherstone Place
2
Bedrooms
1
Bathrooms
780
Est. Sq ft
end terraced
Type

Developer

Bloor Homes
Available Plot Numbers
Plot 118
1 plot(s) available
Ownershipfreehold

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£244,950The Drake

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The Drake
The DrakeAtherstone£244,950

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