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See how verdicts work4-bedroom house · CV9 3DN
For saleReduced £25k (−3.7%) on 8 SepListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A characterful four-bedroom detached canal side cottage, set on a 1/3 acre plot, with separate self-contained one bedroom annex.
Steeped in history, this home offers original features, a recently fitted contemporary kitchen and a striking wine cellar.
Ground Floor Entering through the front door and stepping beyond the porch, you are welcomed into a charming snug featuring an open fireplace housing an ornate wood burner, immediately creating a warm and inviting atmosphere.
An inner hallway leads to a useful downstairs WC, whilst a short flight of steps rises into the beautifully designed kitchen, which has been recently upgraded and thoughtfully extended to create a spacious and light-filled heart of the home.
Well-appointed and carefully arranged, the modern kitchen benefits from underfloor heating and features contemporary cabinetry, quartz-effect worktops and a range-style cooker, while a central island offers generous preparation space and forms a natural focal point for this sociable part of the home.
A discreet door from the kitchen provides access to a fully tanked wine cellar, currently used for wine storage.
This generous space offers excellent storage and potential for a variety of additional uses.
From the kitchen, another doorway leads through to the characterful dining room, a wonderful setting for gatherings and entertaining.
Rich in period charm, the room features attractive arched windows, traditional flagged flooring and an impressive fireplace that creates a striking focal point.
The dining room flows naturally into the main sitting room, creating an effortless connection between the principal living spaces.
A further reception room, currently used as a study, provides an ideal space for home working, quiet relaxation or informal entertaining.
With exposed beams, striking fireplaces and arched windows throughout, these rooms beautifully reflect the property’s heritage and historic character, offering a tangible reminder of its former life as the village public house.
Completing the ground floor accommodation is a delightful garden room, a bright and tranquil space with tiled flooring and an abundance of natural light.
Overlooking the surrounding gardens, this inviting room is also fitted with underfloor heating and provides the perfect place to relax and enjoy views of the outdoor setting throughout the seasons.
First Floor Upstairs, the home’s distinctive sense of character continues, with the property’s heritage evident in a wealth of charming period features including exposed timbers, attractive arched windows and original fireplaces.
A split-level layout further enhances the home’s individuality, a reminder of the building’s historic origins.
The four comfortable bedrooms are all well-proportioned, each enjoying pleasant outlooks across the gardens or towards the canal.
The spacious family bathroom features a freestanding bath and traditional fittings, creating an in-keeping relaxing and characterful space.
Outside The property sits within approximately one third of an acre, the charming gardens are mature and well established, offering a mixture of lawn, planting and private outdoor space ideal for relaxing, entertaining and family life.
Within the gardens sits a hidden retreat, affectionately known by the current owners as “The Hobbit”, this self-contained one-bedroom annex provides a highly versatile space, complete with its own kitchenette, bedroom and bathroom facilities, along with an additional area currently used as a home gym, it offers excellent potential for guest accommodation, a studio or a home workspace.
The generous plot offers versatility and considerable scope for further development if desired, subject to appropriate planning permission.
To the rear of the property there is gated access providing parking for up to four vehicles. The nearby canal enhances the peaceful setting, offering scenic walks and a tranquil outlook.
Location Rectory Cottage is situated on Spon Lane in the desirable village of Grendon, a charming Warwickshire village surrounded by open countryside.
The area offers a wonderful balance of rural living while remaining well connected. Nearby market towns such as Atherstone and Nuneaton provide a range of shops, restaurants and everyday amenities.
The surrounding countryside and canal network offer excellent walking and cycling routes, while transport links including the A5, M42 and M6 provide convenient access to the wider Midlands including Birmingham, Coventry and Leicester.
Rail services from nearby stations also provide links into London and major regional centres, making the location ideal for commuters seeking a peaceful village lifestyle.
Services, Utilities & Property Information: Tenure - Freehold Council Tax Band – F, North Warwickshire EPC Rating - E Property Construction – Standard Brick & Tile Electricity Supply - Mains Water Supply - Mains Drainage & Sewerage - Private Supply, Septic Tank Heating - Mains Gas Broadband - FTTP is available in the area, we advised you to check with your provider Mobile Signal/Coverage - 5G mobile signal is available in the area, we advise you to check with your provider Parking – Off road gated parking available for up to 4 vehicles.
Note - We are advised by the vendors that the stained-glass windows installed in the garden room will be removed prior to completion and replaced with standard glazing Disclaimer All measurements are approximate and quoted in metric with imperial equivalents and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on.
The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given and that they are in working order.
Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property.
Whilst we carryout our due diligence on a property before it is launched to the market and we endeavour to provide accurate information, buyers are advised to conduct their own due diligence.
Our information is presented to the best of our knowledge and should not solely be relied upon when making purchasing decisions.
The responsibility for verifying aspects such as flood risk, easements, covenants and other property related details rests with the buyer
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Rectory Cottage, Spon Lane, Atherstone
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