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Forfield Road, Coventry, CV6

West Midlands

£235,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1055 sqft

Description

This four-bedroom, three-storey property in Coventry presents a solid opportunity for renovation and investment. With its practical layout, which includes two bathrooms and an en-suite, the home is ripe for customization that could enhance both comfort and value. The relatively low maintenance garden offers potential for outdoor improvements or landscaping, allowing you to create a welcoming space. Situated within a well-connected area of Coventry, this property benefits from proximity to local amenities and transport links, making it appealing to both homeowners and potential renters. The surrounding neighborhood features reputable schools, which adds to the attractiveness for families seeking long-term residency. The structure dates back to between 1910 and 1940 and has been maintained with key updates, including a six-year-old gas central heating system. Notably, the loft has already been converted, providing additional living space or storage options. While the property does require some modernization, its no upward chain status simplifies the purchasing process for investors or first-time buyers alike. With an energy performance certificate rating of C and a total floor area of approximately 98 square meters on a modest plot size of 0.05 acres, there’s plenty of room for improvement that could significantly increase its market appeal. As you consider this property's potential, remember that it comes without any history of subsidence or unsafe cladding issues—making it a sound choice for those looking to invest in an evolving market. Whether you're aiming to create your dream home or add to your investment portfolio, this property's features position it as an excellent candidate for both immediate occupancy and future enhancements.

Investment Analysis

(CV6 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£223/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£241
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£288,268
10% above area average per sq ft
Potential ROI
+13.0%
After renovation
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

Forfield Road, Coventry, CV6
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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
£861
Based on a loan of £176,250 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