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Standard Avenue, Coventry

West Midlands

£210,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
734 sqft

Description

Nestled in the established residential neighborhood of Tile Hill, this three-bedroom mid-terrace home presents a noteworthy opportunity for renovation and investment. With spacious living areas spread across two levels and characterized by a classic pitched roof, the property is primed for transformation. The ground floor layout features an inviting entrance hallway leading to two generously proportioned reception rooms that offer flexibility for various uses. The kitchen provides direct access to the rear garden, making it a convenient space for potential updates or expansions. On the first floor, you will find three bedrooms and a family bathroom equipped with necessary fixtures. One of the standout attributes of this property is the extensive rear garden, which not only allows for outdoor enjoyment but also holds significant potential for future development. With ample length and breadth, this space could be reconfigured or extended—subject to appropriate permissions—enhancing both living space and property value. Additionally, the front garden contributes to a pleasant entryway while presenting further landscaping possibilities. Conveniently located about 3.5 miles from Coventry city center, this home enjoys easy access to a variety of local amenities. Essential shops are within reach, while larger retail centers such as Cannon Park Shopping Centre and Arena Park Shopping Centre are nearby. The area also boasts green spaces like Lime Tree Park and Hearsall Common, ideal for leisure activities. Transportation links are strong in this location; Coventry Station is approximately 1.8 miles away, providing direct rail access to major cities including London, Birmingham, and Manchester. Canley Station is also close by for additional connectivity. Major roadways like the A45 and M6 ensure quick commutes for those travelling by car. This property is being offered vacant, making it an excellent choice for buyers interested in taking on a renovation project or investors looking to capitalize on its potential in a desirable area of Coventry.

Investment Analysis

(CV4 area)

Above Market Value

This property is priced +2.8% above area average per sq ft

+2.8%
This Property
£286/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£354
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£224,619
10% above area average per sq ft
Potential ROI
-10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CV4)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -3.2%
5 year growth: 12.2%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 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