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Silksby Street, Cheylesmore, Coventry

West Midlands

£220,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This end of terrace three-bedroom home presents a solid investment opportunity in the desirable CV3 5FY area, eagerly awaiting a buyer to breathe new life into it. Featuring an expanded kitchen and a private driveway, the property is set on a generous plot with a good-sized rear garden that offers potential for landscaping or further development, pending planning permission. The ground floor layout is practical, comprising ample living space along with the extended kitchen at the rear—ideal for those looking to redesign and modernise the interior to suit personal tastes. While it currently requires updates throughout, this provides an excellent chance to enhance both functionality and value. Upstairs, you'll find three spacious bedrooms alongside a family bathroom that further accommodates families or investors targeting properties with appealing rental prospects in this well-connected area. The property's proximity to local amenities such as shops and schools makes it particularly attractive to families. Externally, off-road parking adds convenience in this sought-after location. With Coventry city centre just a short drive away and exceptional transport links—including bus services and access to major roads—this property is perfectly positioned for easy commuting to places like Warwick, Leamington Spa, and Birmingham. This home stands as a prime candidate for renovation, offering substantial potential for future growth in investment value.

Investment Analysis

(CV3 area)
Area Average
£281/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (CV3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +3.3%
5 year growth: +18.9%
Investment Disclaimer: Analysis based on CV3 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

Silksby Street, Cheylesmore, Coventry
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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
£793
Based on a loan of £165,000 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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