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Fillongley Road, Meriden, CV7

West Midlands

£310,000
Listed on 09/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1076 sqft

Description

This three-bedroom property in Meriden presents a compelling opportunity for investors and renovators alike. While the home has a well-maintained structure, featuring a large living room and recent landscaping in the garden, it also holds potential for further enhancements to elevate its market value. The existing utility space and downstairs W/C offer functional convenience but could be optimized further with modern updates. Situated on a generous plot, the outdoor space includes a mature garden, patio area, and outbuildings that could be repurposed or upgraded. Given its age from the 1960s to 1970s, there may be opportunities to modernize internal spaces such as the kitchen and bathrooms to reflect contemporary tastes. Additionally, the property benefits from central heating and double glazing (UPVC windows), which ensure efficiency during renovations. The lack of upward chain simplifies acquisition, making this an appealing prospect for those looking to invest in a project with both immediate habitation potential and long-term appreciation.

Investment Analysis

(CV7 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£288/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£268
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£371,946
10% above area average per sq ft
Potential ROI
+9.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CV7)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -5.0%
5 year growth: -8.1%
Investment Disclaimer: Analysis based on CV7 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

Fillongley Road, Meriden, CV7
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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
£1,106
Based on a loan of £232,500 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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