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Ely Close, Walsgrave, Coventry, CV2

West Midlands

£190,000

Listed on 19/01/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
948 sqft

Description

This three-bedroom end-terrace home is situated in a peaceful location, set back from the main road along a pedestrian walkway. It presents a solid investment opportunity for both first-time buyers and investors looking to enhance their portfolio. With immediate vacant possession available and no onward chain, this property allows for a quick transaction.

While it does require some updating, the house features spacious rooms with great potential for value addition. The advantageous location means it is well-connected to local amenities, including shops, schools, and supermarkets, as well as being easily accessible to major motorways M1, M6, and M69. Additionally, its proximity to the University Hospital Coventry & Warwickshire makes it an appealing option for rental investments.

The layout includes a welcoming reception hall leading into a sizable open-plan lounge/dining area and a kitchen. A previously integral garage has been repurposed into an extra reception room that could serve as a ground-floor bedroom, office space, or second lounge. Upstairs are three sizeable bedrooms in addition to a bathroom equipped with a shower.

Outside, there is an open-plan front garden and an enclosed rear garden that requires minimal upkeep. Off-road parking access via double gates adds to the property's practicality.

This home is attractively priced with significant potential for renovation; early viewings are encouraged.

Investment Analysis

(CV2 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£200/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£254,183
10% above area average per sq ft
Potential ROI
+18.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +6.8%
5 year growth: +23.1%
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

Ely Close, Walsgrave, Coventry, CV2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-5.0% since listed
£190,000£10,000(-5.0%)
19/02/2026
Current price
£200,000Initial listing
20/01/2026

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