Worst House on the Street Logo
Wellswood, Lodge Road, Coventry, CV3 1FU - Image 1
Wellswood, Lodge Road, Coventry, CV3 1FU - Image 2

Wellswood, Lodge Road, Coventry, CV3 1FU

West Midlands

£69,000
Listed on 14/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached bungalow offers a rare opportunity for renovation enthusiasts or investors looking to add value in a desirable location. Set back from the road, the property features a manageable foregarden that enhances its curb appeal while providing privacy. Inside, the bungalow comprises a hall leading to various functional spaces, including a reception room and two bedrooms, allowing for flexible living arrangements. The kitchen, though dated, presents an opportunity for modern updates to create an open-plan layout that caters to contemporary tastes. A shower room with WC completes the ground floor, highlighting the practical design of the home. The exterior is equally promising, featuring gardens that can be revitalized and a driveway alongside a garage offering ample storage or potential conversion into additional living space. A rear workshop provides further options for hobbyists or could be transformed into a more functional area depending on your needs. While the property benefits from gas-fired central heating and double-glazing, it does require modernization throughout. This gives you the chance to tailor renovations according to your vision and potentially increase its market value significantly. Located within a community known for its accessibility and amenities, this bungalow has great investment potential. Whether you're looking to live in it post-renovation or rent it out for income, this property is positioned well for future growth. With vacant possession upon completion and freehold tenure, you'll find it straightforward to make this project uniquely yours. Viewing arrangements will be conducted on a block basis starting in mid-November; prospective buyers are encouraged to assess the property's condition firsthand ahead of auction day.

Investment Analysis

(CV3 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CV3)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 9.8%
5 year growth: 24.8%
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.

Get Financing

Partnered with Yellow Brick Mortgages

5.0k+ 5-star reviews
Save £200 with code WHOTS
No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Location

Wellswood, Lodge Road, Coventry, CV3 1FU
Loading map...