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Standard Avenue, Coventry

West Midlands

£210,000

Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Terraced
Area
734 sqft

Description

Located in the sought-after residential area of Tile Hill, this three-bedroom mid-terrace property provides an excellent blank canvas for renovation enthusiasts and investors. The home features ample living space distributed over two levels under a classic pitched tiled roof. The ground floor is composed of an entrance hallway leading to two spacious reception rooms, alongside a kitchen that offers direct access to a generous rear garden—a key feature for outdoor expansion or landscaping projects. The first floor accommodates three well-sized bedrooms and a family bathroom equipped with essential fittings. The exterior boasts a long rear garden ideal for potential development, with opportunities to extend either at the back or into the loft section, contingent upon obtaining the necessary permissions. Additionally, there's a welcoming front garden that enhances the property's curb appeal. Strategically located about 3.5 miles from Coventry city center, residents have access to local amenities, including everyday shops and larger retail options at nearby shopping centers. The area is enriched with green spaces such as Lime Tree Park and Hearsall Common. With excellent transport links—including Coventry Station approximately 1.8 miles away providing direct connections to major cities—this property stands out as an enticing investment opportunity in a desirable location. Offered vacant, it invites buyers and developers keen on embarking on a renovation project.

Investment Analysis

(CV4 area)

Above Market Value

This property is priced +1.0% above area average per sq ft

+1.0%
This Property
£286/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£228,736
10% above area average per sq ft
Potential ROI
-8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CV4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.7%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on CV4 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

Standard Avenue, Coventry
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£749
Based on a loan of £157,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-2.3% since listed
£210,000£5,000(-2.3%)
01/12/2025
Current price
£215,000Initial listing
03/11/2025

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