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Overdale Road, Coventry, CV5

West Midlands

£245,000
Listed on 26/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
743 sqft

Description

This link detached house features three bedrooms and offers a well-proportioned lounge, a spacious kitchen/diner, and a bright conservatory that enhances the living space. The layout includes a family bathroom, an en-suite attached to the master bedroom, and a convenient ground floor WC. The property is equipped with double glazing and central heating, ensuring comfort throughout the seasons. A significant advantage of this home is the presence of both off-street parking and a garage, providing secure options for vehicle storage. The rear garden presents a tranquil outdoor space, ideal for relaxation or potential landscaping projects. While the property requires some updates and modernization, this represents an excellent prospect for investors or those looking to create their dream residence. With no upward chain, you can seamlessly begin your renovation journey and personalize this home to your tastes. The location benefits from proximity to local amenities, schools, and transport links, making it attractive for families or renters alike. This property stands as a solid investment opportunity in a desirable area.

Investment Analysis

(CV5 area)

Above Market Value

This property is priced +20.5% above area average per sq ft

+20.5%
This Property
£330/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£223,613
10% above area average per sq ft
Potential ROI
-21.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Overdale Road, Coventry, CV5
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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
£897
Based on a loan of £183,750 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