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2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG - Image 1
2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG - Image 2
2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG - Image 3
2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG - Image 4
2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG - Image 5
2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG - Image 6
2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG - Image 7
2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG - Image 8

2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG

West Midlands

£120,000
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
705 sqft

Description

This mid-terrace, two-bedroom property presents a notable opportunity for investors and DIY enthusiasts alike. Situated in a desirable area of West Midlands, the home requires moderate refurbishment, primarily cosmetic updates to refresh the interiors. Key features include a lounge and dining room which could benefit from modern styling, and a compact kitchen that offers room for improvement. The first floor hosts two bedrooms alongside a wet room, providing ample potential for reconfiguration to enhance space usability. Outside, there is a small front garden and a rear yard that may be optimized for outdoor living. An important consideration is the partial flying freehold status affecting access to the WC located beneath the staircase via an adjacent business; prospective buyers should conduct thorough due diligence regarding any implications this may hold for future maintenance and mortgageability.

Investment Analysis

(CV5 area)

Below Market Value

This property is priced -38.3% below area average per sq ft

-38.3%
Potential saving
This Property
£170/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£213,844
10% above area average per sq ft
Potential ROI
+47.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CV5)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +2.9%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on CV5 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

2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG
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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
£425
Based on a loan of £90,000 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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