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Hipswell Highway, Wyken, Coventry, CV2 5FR

West Midlands

£195,000
Listed on 26/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
761 sqft

Description

This three-bedroom mid-terraced home in Wyken presents an excellent opportunity for refurbishment and modernisation. With a desirable halls together layout, the property requires updating throughout but offers significant potential for improvement and possible extensions, pending planning approval. The competitive pricing reflects the renovation work needed, making it an attractive option for both investment and family living. The property's prime location ensures easy access to local amenities, including the Coventry bypass, University Hospital Coventry & Warwickshire, and Coventry city centre, which is just a short drive away. Excellent public transport links and proximity to schools enhance its appeal. Inside, you'll find a welcoming entrance hallway leading to a generous through lounge/diner complete with a bay window and feature fireplace. The fitted kitchen offers ample cupboard space and room for appliances. Upstairs features two spacious double bedrooms alongside a single room and a part-tiled family bathroom equipped with an electric shower. The exterior includes a sizeable driveway providing off-road parking for multiple vehicles, along with a west-facing rear garden that offers both decking and lawn areas. A brick-built garage at the back provides extra storage or parking options. Additional benefits include double glazing, a modern combi boiler installed in November 2024, an updated consumer unit from November 2018, and no onward chain. This property has the potential to transform into either a lucrative investment or an inviting family home once refurbished.

Investment Analysis

(CV2 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£256/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£236
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£199,983
10% above area average per sq ft
Potential ROI
-14.9%
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

Hipswell Highway, Wyken, Coventry, CV2 5FR
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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
£703
Based on a loan of £146,250 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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