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11 Craners Road, Coventry, CV1 5AZ - Image 1
11 Craners Road, Coventry, CV1 5AZ - Image 2
11 Craners Road, Coventry, CV1 5AZ - Image 3
11 Craners Road, Coventry, CV1 5AZ - Image 4
11 Craners Road, Coventry, CV1 5AZ - Image 5

11 Craners Road, Coventry, CV1 5AZ

West Midlands

£50,000
Listed on 27/09/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced property presents a promising opportunity for renovation with its traditional layout and potential for modern updates. Situated close to local amenities, public transport, and various recreational options, it offers convenient access to the surrounding area while retaining a sense of neighborhood charm. Internally, the ground floor consists of two distinct reception rooms that can serve a variety of purposes, along with a kitchen and a bathroom/WC. The first floor features a landing area leading to two bedrooms, both of which have the potential to be transformed into inviting personal spaces. The property has already been fitted with gas-fired central heating and double-glazed windows, providing a solid foundation for further enhancements. While the property is currently in need of modernization, this allows for an investor's creative vision to make significant improvements tailored to contemporary living standards. The rear garden offers additional space for outdoor use, suitable for landscaping or creating an enjoyable retreat. As a freehold property offered vacant upon completion, it stands as an attractive prospect for both first-time buyers looking to create their dream home and investors seeking refurbishment opportunities within a growing market. The auction process provides clarity on ownership transfer timelines and costs associated with the purchase. Overall, this property presents not only a viable residential option but also holds significant investment potential through strategic renovations in line with market trends.

Investment Analysis

(CV1 area)
Area Average
£217/sq ft
Avg Rent (weekly)
£223
Avg Yield
6.8%

Renovation Potential

Est. Renovation Cost
£5,000 - £12,500
10-25% of property value
Monthly Sales
14
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CV1)

Area prices are falling by +6.7% over the last 12 months
3 year growth: -6.4%
5 year growth: -2.5%
Investment Disclaimer: Analysis based on CV1 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

11 Craners Road, Coventry, CV1 5AZ
Map showing location of 11 Craners Road, Coventry, CV1 5AZ
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