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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 end-of-terrace three-bedroom house in the desirable Finham area of Coventry presents an excellent opportunity for those looking to invest in a property with significant renovation potential. While the home is generously sized and features a welcoming lounge and dining area perfect for leisure and entertaining, it requires modernization throughout to fully unlock its charm. The spacious kitchen offers plenty of room for updates, allowing you to design a modern culinary space that suits your needs. A practical rear lobby further enhances access and flow on the ground floor. Upstairs, the three well-sized bedrooms are filled with natural light and are suitable for family living or as home office spaces, while the shower room, already equipped with basic fixtures, can easily be upgraded to meet contemporary standards. With gas central heating and double glazing already installed, this house combines comfort with energy efficiency. Situated near reputable schools and local amenities, along with convenient transport links, this property is ideal for families or investors looking to add value through refurbishment. The garage provides additional storage or parking options. This end-of-terrace location not only ensures privacy but also maximizes natural light into the home. Don't miss out on this rare chance to acquire a property in such a sought-after neighborhood where you can truly make your mark.

Investment Analysis

(CV3 area)

Above Market Value

This property is priced +13.7% above area average per sq ft

+13.7%
This Property
£322/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£251,441
10% above area average per sq ft
Potential ROI
-16.2%
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
12%
Properties sold annually

Local Market Trend (CV3)

Area prices are falling by -6.7% over the last 12 months
3 year growth: +0.3%
5 year growth: +12.4%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£982
Based on a loan of £195,000 over 30 years at 4.45% 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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