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Sheriff Avenue, Coventry

West Midlands

£245,000
Listed on 06/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
947 sqft

Description

This four-bedroom residence offers an expansive layout with considerable potential for enhancement, making it an appealing option for both homebuyers and investors. The property features a spacious interior with a traditional arrangement of four bedrooms, a bathroom, a fitted kitchen, and a separate lounge area. Notably, the substantial rear garden presents opportunities for extension or further development, pending planning permissions. Additionally, there is a garage situated at the rear of the property, which adds value through storage or parking options. For those looking to occupy the property, it provides an excellent chance to create a bespoke family home or investment opportunity. The large private garden is perfect for family activities or entertaining guests and holds potential for future extensions. Situated conveniently close to essential amenities such as healthcare services, local shopping options, and parks, this home represents long-term viability. As an investment asset, the property is currently configured as a four-bedroom HMO (House in Multiple Occupation), making it suitable for ongoing rental income. Comparable properties in the area have achieved weekly room rents up to £190, dependent on condition and demand. There is strong potential to enhance rental yields through refurbishment or reconfiguration efforts while capitalizing on its advantageous location near various amenities and green spaces.

Investment Analysis

(CV4 area)

Below Market Value

This property is priced -9.9% below area average per sq ft

-9.9%
Potential saving
This Property
£259/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£327
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£298,968
10% above area average per sq ft
Potential ROI
+4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (CV4)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 0.5%
5 year growth: 12.4%
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

Sheriff 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
£897
Based on a loan of £183,750 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