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21 Scholfield Road, Keresley End, Coventry, CV7 8LJ - Image 1
21 Scholfield Road, Keresley End, Coventry, CV7 8LJ - Image 2
21 Scholfield Road, Keresley End, Coventry, CV7 8LJ - Image 3
21 Scholfield Road, Keresley End, Coventry, CV7 8LJ - Image 4
21 Scholfield Road, Keresley End, Coventry, CV7 8LJ - Image 5

21 Scholfield Road, Keresley End, Coventry, CV7 8LJ

West Midlands

£50,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached property offers a solid foundation for those looking to invest in a renovation project. Set back from the road, the home features a small foregarden that adds to its curb appeal. Inside, the layout consists of a reception room and dining kitchen on the ground floor, alongside an inner hall and a convenient wet room/WC. The first floor includes three bedrooms and an additional WC, providing ample space for families or potential rental opportunities. While the property benefits from gas central heating and UPVC double glazing, it is clear that modernization is required throughout. This presents a unique opportunity for buyers to customize the space according to their vision and preferences, potentially increasing both comfort and value. The outdoor space comprises gardens that can be further developed into inviting areas for leisure or entertainment. Located in a neighborhood with accessible amenities, this property not only has residential appeal but also potential as an investment opportunity, whether for rental purposes or resale after refurbishment. With vacant possession upon completion, interested buyers can move forward without delay once they secure ownership at auction. Given its condition and location, this property stands as an attractive proposition for those with renovation skills or investors seeking to capitalize on market demand in the area.

Investment Analysis

(CV7 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£5,000 - £12,500
10-25% of property value
Monthly Sales
16
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CV7)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.9%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on CV7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

21 Scholfield Road, Keresley End, Coventry, CV7 8LJ
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