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Willenhall Lane, Binley, Coventry

West Midlands

£250,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
913 sqft

Description

This two-bedroom semi-detached home presents a valuable investment opportunity, ideally located near key amenities and transport links in the West Midlands. The property features spacious living areas, including an open-plan lounge diner that allows for a flexible layout suitable for modern living. With a sizable kitchen and a downstairs WC, the ground floor is designed for practical use. Upstairs, you'll find a large double bedroom, an additional good-sized bedroom, and a family bathroom complete with an attractive freestanding bath. One of the standout aspects of this home is the expansive rear garden, which not only offers ample outdoor space but also includes a substantial outbuilding at its end. This outbuilding is equipped with electrics and holds significant potential for conversion into an annex or office space (subject to planning permissions), making it an enticing prospect for buyers looking to maximize their investment. Additionally, there’s off-road parking available on the driveway accommodating multiple vehicles. With some renovation work, this property can transform into a fantastic residence or rental asset given its desirable features and location.

Investment Analysis

(CV3 area)

Below Market Value

This property is priced -3.3% below area average per sq ft

-3.3%
Potential saving
This Property
£274/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
£284,468
10% above area average per sq ft
Potential ROI
-1.9%
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

Willenhall Lane, Binley, Coventry
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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
£944
Based on a loan of £187,500 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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