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John Grace Street, Cheylesmore, Coventry

West Midlands

£240,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This end-of-terrace three-bedroom home occupies a spacious corner plot in the desirable Cheylesmore neighborhood, providing a rare opportunity for renovation or investment. With the property featuring a side garage and off-road parking, as well as a substantial backyard, it is well-suited for those looking to personalize their living space or develop further potential. Inside, the layout includes a generous lounge that flows into a separate kitchen and dining area, alongside three bedrooms and a family bathroom. Although the interiors require updating, the existing structure offers ample scope for modernization and possible extensions, subject to obtaining planning permissions. The arrangement of rooms allows natural light to fill the space, creating an inviting atmosphere for family life. This property is located in CV3 5GZ, conveniently close to various local amenities such as shops, supermarkets, and parks. The presence of reputable schools nearby enhances its appeal to families seeking a nurturing environment. Excellent transport connections further add to its attractiveness; proximity to the A45 and A46 facilitates easy travel both into Coventry city center and towards Leamington Spa and Warwick. Additionally, Coventry railway station is just a short drive away, providing regular services to Birmingham and London. Overall, this home presents an appealing prospect for buyers eager to invest in a property with significant potential for enhancement in a popular area.

Investment Analysis

(CV3 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CV3)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 6.2%
5 year growth: 20.6%
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

John Grace Street, Cheylesmore, 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
£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