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142 Red Lane, Coventry, West Midlands CV6 5EQ - Image 1
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142 Red Lane, Coventry, West Midlands CV6 5EQ - Image 3
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142 Red Lane, Coventry, West Midlands CV6 5EQ

West Midlands

£95,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
984 sqft

Description

This two-bedroom terraced house presents a compelling opportunity for buyers looking to invest in a property that requires全面装修. The home features an entrance hall leading to a lounge and a kitchen diner, alongside a ground floor bathroom and a lean-to extension. Upstairs, you'll find two bedrooms offering ample space for reconfiguration or modernization. Solid fuel heating is currently in place, which may require updating or replacement to meet contemporary standards. Outside, the property boasts a rear garden with access to a garage, enhancing the potential for outdoor improvements or additional storage solutions. Given the solid structure, this house is ideal for those willing to put in the work to modernize and add value.

Investment Analysis

(CV6 area)

Below Market Value

This property is priced -61.2% below area average per sq ft

-61.2%
Potential saving
This Property
£97/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£255
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£269,572
10% above area average per sq ft
Potential ROI
+107.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (CV6)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -0.8%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on CV6 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

142 Red Lane, Coventry, West Midlands CV6 5EQ
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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
£339
Based on a loan of £71,250 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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