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Glover Street, Cheylesmore, CV3

West Midlands

£215,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
807 sqft

Description

This three-bedroom property is ideally positioned in a well-connected area, just a short distance from Coventry city centre and the train station, making it suitable for both commuters and families. The front of the home includes a driveway and a welcoming porch that leads into an entrance hallway. Inside, the ground floor features an L-shaped living and dining area, which is functional yet offers scope for reconfiguration. At the rear, the kitchen spans the full width of the property and has space for a small dining table, presenting an opportunity to enhance its layout according to personal preferences. The first floor consists of three generously sized bedrooms alongside a family bathroom. The outdoor space comprises a sizable garden predominantly laid to lawn, providing ample room for landscaping or recreational use. Although this home is in need of modernisation, it presents a significant opportunity for renovation and investment. With thoughtful updates, this property can be transformed into a personalized residence in a desirable location that continues to attract interest from buyers and renters alike.

Investment Analysis

(CV3 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£266/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£245,582
10% above area average per sq ft
Potential ROI
-3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CV3)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 6.2%
5 year growth: 20.6%
Investment Disclaimer: Analysis based on CV3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Glover Street, Cheylesmore, CV3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£788
Based on a loan of £161,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE