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Kelway, Binley, Coventry

West Midlands

£410,000
Listed on 08/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1379 sqft

Description

This detached family home, located in the sought-after Morrisons Estate of Binley, presents a significant opportunity for renovation and investment. With four comfortable bedrooms, including a primary suite featuring an ensuite shower room, the property offers ample space for families. The ground floor comprises two adaptable reception areas and a kitchen equipped with essential appliances that leads to a utility room, ideal for modern living. While the home is currently in need of modernization, it does feature gas central heating and CCTV security cameras, adding to its appeal. The sizable private driveway and garage provide additional convenience, while the mature garden offers potential for enhancements. This residence holds great promise for those looking to create their ideal family home or improve its value through thoughtful renovations.

Investment Analysis

(CV3 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£297/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£426,552
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (CV3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +3.3%
5 year growth: +18.9%
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

Kelway, Binley, Coventry
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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
£1,479
Based on a loan of £307,500 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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