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Raleigh Road, Coventry, CV2

West Midlands

£240,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1457 sqft

Description

This spacious family residence presents an opportunity for those looking to invest in a property with character and potential. The entrance greets you with original tiled flooring, leading to a front lounge that combines comfort with charm, featuring a gas fire within a brick surround and decorative cornicing. A rear sitting room enhances the living space with another gas fire and garden views, creating a peaceful retreat. The kitchen is functional, equipped with an integral fridge, gas cooker, and substantial cupboard space, while the adjoining utility area has plumbing for a washer and dryer along with access to a convenient downstairs WC. The first floor comprises three sizeable bedrooms, each boasting fitted wardrobes and generous natural light. The sizeable rear bedroom allows for scenic garden vistas, while the third bedroom is brightened by a large window. The family bathroom is practical but offers scope for modernisation or expansion, especially if reconfigured to include a second shower room. A noteworthy feature is the expansive second-floor bedroom that holds excellent potential as additional living space or a playroom—the large window and skylight enhance its versatility. Externally, the west-facing garden is not only private but also features ample space for outdoor entertaining on the patio. There’s considerable potential to extend (subject to planning permission), alongside mature trees and shrubs that provide tranquility. Side access ensures both convenience and security. With local amenities within easy reach, this property caters well to families or investors seeking growth potential in an accessible location close to Coventry University and major employers in the region. Overall, this home blends character elements with significant opportunities for refurbishment or expansion.

Investment Analysis

(CV2 area)

Below Market Value

This property is priced -31.4% below area average per sq ft

-31.4%
Potential saving
This Property
£165/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£231
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£384,888
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 6.0%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on CV2 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

Raleigh Road, Coventry, CV2
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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
£879
Based on a loan of £180,000 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