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Oak Way, Bannerbrook, Coventry - NO ONWARD CHAIN

West Midlands

£250,000
Listed on 22/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1169 sqft

Description

This three double-bedroom mid-terrace home presents a solid investment opportunity in a quiet cul-de-sac within the established Banner Brook area. Currently tenanted but offered with no onward chain, the property includes off-road parking for two vehicles and an integral garage that holds potential for conversion into additional living space (subject to necessary permissions). The spacious layout consists of a through lounge/diner, kitchen with scope for modernization or an open-plan redesign, and a downstairs WC, making it ideal for family living. On the upper level, three well-proportioned bedrooms offer ample space, with the master featuring en-suite facilities. The main bathroom is modern but could also benefit from personalization. Externally, the enclosed rear garden requires minimal upkeep, providing a pleasant outdoor space. Given its proximity to local amenities and excellent transport links via Tile Hill Rail Station to Birmingham and London, this property not only serves as a comfortable family home but also offers considerable scope for value enhancement through renovation.

Investment Analysis

(CV4 area)

Below Market Value

This property is priced -25.1% below area average per sq ft

-25.1%
Potential saving
This Property
£214/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£366,996
10% above area average per sq ft
Potential ROI
+26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (CV4)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +0.2%
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

Oak Way, Bannerbrook, Coventry - NO ONWARD CHAIN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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