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Gayer Street, Coventry

West Midlands

£170,000
Listed on 28/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom home is situated in a sought-after residential neighborhood, renowned for its community atmosphere and accessibility to local amenities. With ample potential for renovation, the property is an excellent opportunity for those looking to customize a living space that reflects their personal style. The layout includes an entrance hallway leading into a living room, which offers a comfortable area for family gatherings. The kitchen is located at the rear of the home and provides room for future upgrades and modifications. On the upper level, you'll find three reasonably sized bedrooms alongside a family bathroom. One of the highlights of this property is the generous rear garden. This outdoor space not only allows for relaxation but also holds significant potential for landscaping or even expansion, pending necessary approvals. Given the current state of the property, it does require modernization throughout, presenting a blank canvas ideal for first-time buyers, families, or investors keen on adding value through refurbishment. Positioned within close proximity to schools, shopping facilities, and transport links, this property benefits from its location in an area characterized by strong demand. It's an exciting opportunity to transform a residence into a personalized home or investment property with promising returns in an ever-evolving market.

Investment Analysis

(CV6 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£241
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (CV6)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 4.5%
5 year growth: 20.3%
Investment Disclaimer: Analysis based on CV6 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

Gayer Street, 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
£623
Based on a loan of £127,500 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