About This Property

Discover what makes this home special

Cherrywood is a beautifully designed detached family home located in the desirable area of Southam, Warwickshire, near the postcode CV23 1FZ. This spacious property offers four well-proportioned bedrooms, including a principal bedroom with a dressing area and en-suite bathroom, providing ample comfort and privacy. The ground floor features a large open-plan kitchen and dining/family area, a separate lounge, and practical utility spaces including a laundry room and a downstairs WC. The integral garage adds convenience and additional storage options.

Situated in a peaceful yet well-connected village setting, Cherrywood offers the perfect balance of country living with easy access to local amenities and transport links. The property is ideal for families seeking a quiet environment with excellent schools nearby, parks, and local shops. With its thoughtful layout and quality features, this home promises a comfortable lifestyle with great potential for future growth in value.

Property Features

This detached property boasts four spacious bedrooms, including a principal suite with a dressing room and en-suite bathroom, ensuring a luxurious private retreat. The ground floor is designed for modern family living, featuring an open-plan kitchen and dining/family area that seamlessly connects to the garden, perfect for entertaining. Additional practical features include a separate lounge, a laundry room, and a convenient downstairs WC. The integral garage provides secure parking and storage, enhancing the property's functionality.

DetachedFour BedroomsThree BathroomsIntegral GarageOpen-plan Kitchen/DiningLounge+4

Local Amenities

Located in Southam, the property benefits from excellent local amenities. Southam Primary School and Southam College offer reputable education options within a short distance. The nearby Southam Train Station provides rail links to larger cities such as Leamington Spa and Coventry, facilitating commuting. Residents also enjoy access to a Tesco Superstore for daily shopping needs, as well as leisure facilities including Southam Leisure Centre and several parks for outdoor activities. The village atmosphere is complemented by local pubs and restaurants, creating a welcoming community environment.

Southam Primary SchoolSoutham CollegeSoutham Train StationTesco SuperstoreSoutham Leisure CentreSt James Church+2
Leamington Spa Train Station (2.3 miles, 7 mins drive) • 20 mins by car to Coventry

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£489,000
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-
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Purchase Costs
Total Price£489,000
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
68/100
ChallengingModerateGoodExcellent
Good local schools
Limited direct international transport links
Strong community and amenities

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£489,000
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 £2,078/mo rent
Area Price Growth
+0.4%
Average annual increase
5-Year Value Forecast
£498,859
+£9,859 projected gain
5-Year Rent Forecast
£2,590/mo
Based on 4.5% annual growth
Price per Sq Ft£296
Annual Rent Income£24,936
10-Year ROI204%
Break-Even Point18 yrs

Property Value Projection

Based on 0.4% annual growth
£498,859
5yr
£508,916
10yr
£519,176
15yr
£529,643
20yr
£540,321
25yr
Current: £489,000

Monthly Rental Income

Based on 4.5% annual growth
£2,590
5yr
£3,227
10yr
£4,022
15yr
£5,012
20yr
£6,245
25yr
Current: £2,078/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

Site Plan

Location

Commute Time Planner

Coventry
N/A
20 mins
Leamington Spa
N/A
7 mins
Birmingham New Street
20 mins from Leamington Spa
40 mins

Location Scores

65
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Residential and Commercial+Positive Impact
Warwick District Local Plan
Within 5 milesEst. 2028
* Information based on local planning applications and may be subject to change

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£489,000
AvailableNB0000052376
View Location Analytics

Cherrywood

Rugby, Rugby CV23 1FZ
Eastgate Gardens
4
Bedrooms
3
Bathrooms
1,650
Est. Sq ft
detached
Type

Developer

Miller Homes
Available Plot Numbers
81
1 plot(s) available
Ownershipfreehold

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£489,000Cherrywood

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Cherrywood
CherrywoodRugby£489,000

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