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Erithway Road, Coventry, CV3

West Midlands

£260,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
807 sqft

Description

This three-bedroom end-of-terrace home presents a great investment opportunity in the desirable Finham area of Coventry. While the property boasts a spacious layout, it would benefit from some modernization, allowing prospective buyers to add their personal touch. Entering the property, you will find a generous lounge and dining area that offers flexible space for both relaxation and entertainment. The kitchen is substantially sized, providing ample potential for updates to create a modern culinary environment. A convenient rear lobby connects seamlessly to the back garden, enhancing the practicality of the ground floor. Upstairs, you'll discover three well-proportioned bedrooms filled with natural light—ideal for family living or remote work setups. The shower room features basic amenities but holds potential for further enhancements. Additional features include gas central heating and double-glazed windows throughout, contributing to year-round comfort and energy efficiency. The garage offers added storage or parking solutions. This property's appealing end-of-terrace position ensures extra privacy and light, making it suitable for families, first-time buyers, or investors looking to capitalize on its refurbishment potential. With reputable schools, local amenities, and excellent transport links nearby, this home indeed represents an enticing canvas for those wishing to create their dream residence or secure a solid investment in a promising neighborhood.

Investment Analysis

(CV3 area)

Above Market Value

This property is priced +13.9% above area average per sq ft

+13.9%
This Property
£322/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£251,175
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
55
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CV3)

Area prices are falling by -6.3% over the last 12 months
3 year growth: +1.0%
5 year growth: +13.6%
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

Erithway Road, Coventry, CV3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£921
Based on a loan of £195,000 over 30 years at 3.91% 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

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