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Tollard Close, Wyken, Coventry - Image 1
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Tollard Close, Wyken, Coventry

West Midlands

£240,000
Listed on 03/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
997 sqft

Description

This mid-terraced three-bedroom property, located in the well-regarded CV2 2JF area of Coventry, presents a notable opportunity for renovation and investment. While the home is in fair condition, it holds significant potential for enhancement and personalization. The spacious layout features an open-plan living room and dining area that invites natural light, complemented by a sun room extension at the rear which can serve multiple purposes such as a secondary lounge or home office. A detached garden room adds further versatility, making it ideal for those needing extra space for work or hobbies. On the first floor, two generous double bedrooms and a single room offer ample accommodation, with a family shower room that is functional yet provides scope for modern updates. The property also benefits from a private enclosed garden suitable for outdoor activities, as well as on-street parking in front. Situated conveniently near local amenities such as shops and schools, along with excellent transport links to Coventry city centre and major roadways like the M6, this home accommodates both family living and investment potential in a desired location. With thoughtful renovations, this property could become not just a comfortable home but also an attractive rental option.

Investment Analysis

(CV2 area)

Above Market Value

This property is priced +0.2% above area average per sq ft

+0.2%
This Property
£241/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£231
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£263,373
10% above area average per sq ft
Potential ROI
-2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 6.0%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on CV2 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

Tollard Close, Wyken, 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
£879
Based on a loan of £180,000 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