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Olaf Place, Coventry, CV2

West Midlands

£185,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
764 sqft

Description

This property presents an exciting renovation opportunity in a sought-after area of Coventry, just minutes from the M6 motorway. Comprising three bedrooms and off-road parking, this extensive plot is ideal for first-time buyers or investors aiming to enhance their portfolio. The layout includes a porch leading into a spacious lounge, a dining area, and a kitchen. The first floor houses three well-sized bedrooms along with a family bathroom. Outside, you'll find a generous garden with both patio and lawn sections, plus access to a garage situated at the rear of the property. With no onward chain, this project is ready for your vision and upgrades.

Investment Analysis

(CV2 area)

Above Market Value

This property is priced +0.8% above area average per sq ft

+0.8%
This Property
£242/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£201,948
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
48
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 4.4%
5 year growth: 22.7%
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

Olaf Place, Coventry, CV2
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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
£678
Based on a loan of £138,750 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.

Next Steps

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