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Balliol Road, Wyken, Coventry, CV2 3DS

West Midlands

£240,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
876 sqft

Description

This three-bedroom semi-detached property presents a substantial opportunity for renovation and investment, set in a desirable area with easy access to local amenities and University Hospital. The home features an entrance porch leading into a spacious hall that connects to the lounge, dining room, and kitchen equipped with essential units and a utility room. Upstairs, you'll find three well-proportioned bedrooms and a bathroom awaiting modernisation. The rear garden offers good outdoor space, making it perfect for families or as a garden project. The property is being sold with no onward chain, providing a straightforward purchase process for those looking to enhance its value through refurbishment.

Investment Analysis

(CV2 area)

Above Market Value

This property is priced +13.2% above area average per sq ft

+13.2%
This Property
£274/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£242
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£234,878
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
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
20%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +6.6%
5 year growth: +23.6%
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

Balliol Road, Wyken, Coventry, CV2 3DS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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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