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Billing Road, Chapelfields, Coventry - Image 1
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Billing Road, Chapelfields, Coventry

West Midlands

£230,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
861 sqft

Description

Presenting a well-maintained three-bedroom mid-terrace home, this property from the 1930s showcases a blend of traditional features and practical amenities. The double-bay design enhances its curb appeal while providing off-road parking for two vehicles, alongside a larger-than-average garage at the rear that includes power and lighting—an excellent asset for any hobbyist or additional storage needs. Upon entering, you are greeted by an inviting hallway adorned with original Minton tiled flooring, setting a warm tone for the residence. The addition of a downstairs guest WC contributes to the home's functionality. The open-plan lounge and dining area offers a spacious and bright atmosphere, complemented by a bay window and patio doors that lead out to the south-facing garden, ensuring it is filled with natural light throughout the day. The galley kitchen provides ample cabinetry and accommodates both integrated and freestanding appliances, with easy access to outdoor space through a double-glazed door. The upper level features three generously sized bedrooms, all presented in neutral shades. Two of these rooms are enhanced by bespoke built-in wardrobes, maximizing storage potential, while the master bedroom captures attention with its charming bay window and beautifully restored wood flooring. Although the family bathroom serves its purpose well, it presents an opportunity for modernisation that could significantly increase both comfort and value. Outside, the south-facing rear garden is a standout feature for its privacy and potential for outdoor activities, complete with lawn space suitable for relaxation or entertaining. The sizable garage further expands possibilities as either additional storage or as a workshop area due to its power supply. Located within easy walking distance to reputable primary schools such as All Souls Catholic Primary and St. Christopher’s Primary, this property appeals to families seeking community-centric living. Additionally, Billing Road boasts excellent transport links with convenient bus routes leading directly into Coventry city center and connections to Birmingham. This home not only offers current livability but also significant renovation potential which could enhance its market value—making it an ideal consideration for first-time buyers or investors looking to capitalize on a highly sought-after area. Early interest is advised to explore this opportunity further.

Investment Analysis

(CV5 area)

Below Market Value

This property is priced -2.4% below area average per sq ft

-2.4%
Potential saving
This Property
£267/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£259,127
10% above area average per sq ft
Potential ROI
+1.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CV5)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 2.5%
5 year growth: 15.9%
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

Billing Road, Chapelfields, Coventry
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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
£843
Based on a loan of £172,500 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