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Lumsden Close, Walsgrave, Coventry, CV2 2HQ

West Midlands

£230,000
Listed on 24/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
770 sqft

Description

This appealing home on Lumsden Close invites you to envision its full potential. Upon entering, the spacious hallway leads to a bright lounge featuring a double-bayed window that floods the area with natural light. While it's currently cozy and welcoming, there's an opportunity to modernize the space and personalize it further. The practical kitchen at the rear opens up to a private garden through French doors, functioning well for everyday use but ripe for enhancement or expansion if desired. On the first floor, two generously sized double bedrooms offer comfortable retreats. The main bedroom boasts built-in wardrobes, while the second bedroom has flexible utility as a guest room or home office. The modern shower room adds contemporary flair but could be updated to suit personal tastes. The outdoor space is another highlight, with a patio leading to a lawned area framed by shrubs, ensuring privacy in an ever-demanding market. Access to the side garage presents multiple possibilities for conversion or additional storage needs, making this property not just a home but an investment with significant future upside. Situated in proximity to excellent schools and major transport links, this property strikes a balance between comfort and opportunity for further development, allowing new owners to add their unique touch over time.

Investment Analysis

(CV2 area)

Above Market Value

This property is priced +25.0% above area average per sq ft

+25.0%
This Property
£299/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£236
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£202,348
10% above area average per sq ft
Potential ROI
-22.2%
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
45%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +4.6%
5 year growth: +23.0%
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

Lumsden Close, Walsgrave, Coventry, CV2 2HQ
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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
£830
Based on a loan of £172,500 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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