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Mellowship Road, Coventry, CV5

West Midlands

£210,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
818 sqft

Description

This freehold property in Eastern Green, built between 1940 and 1960, presents a prime opportunity for renovation and investment. With three good-sized bedrooms and a decent layout, the home's potential can be unleashed with some updates. The property features a large driveway at the front and a low maintenance garden at the rear, complete with lawn, patio area, and shed, making it suitable for personalisation or family use. While the gas heating system is functional, it may require modernization given the age of the boiler. The loft is already insulated which adds to energy efficiency benefits. Situated on a plot size of approximately 0.04 acres and in close proximity to local schools and transport links, this home’s location is conducive for families looking to settle in a vibrant community. With no chain involved in the sale, this property awaits an investor’s vision to transform it into a contemporary dwelling that aligns with today's market demands.

Investment Analysis

(CV5 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£257/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£249,964
10% above area average per sq ft
Potential ROI
+2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (CV5)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +1.9%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on CV5 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

Mellowship Road, Coventry, CV5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£757
Based on a loan of £157,500 over 30 years at 4.06% 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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