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Herrick Road, Poets Corner, Coventry, CV2 5JL

West Midlands

£185,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
603 sqft

Description

Nestled in the desirable Poets Corner area of Wyken, this two-bedroom semi-detached property presents an appealing opportunity for those interested in a renovation project. While the residence necessitates modernization throughout, it boasts a robust structure with well-sized living spaces and manageable outdoor areas that allow for easy upkeep. Upon entering, you are greeted by a bright hallway that leads into a spacious living and dining area enhanced by a classic bay window that invites ample natural light. Patio doors at the rear provide direct access to the garden, highlighting the potential for enhanced indoor-outdoor living. The kitchen features wooden cabinetry and practical linoleum flooring and includes an external door, offering a chance for future upgrades. The first floor comprises two generously proportioned double bedrooms each equipped with adequate space for furniture and personal items. Additionally, there’s a versatile study that can serve as an ideal home office or additional storage space. The bathroom is fitted with a basic two-piece suite alongside a separate shower cubicle adorned with striking black tiles. Outside, the rear garden predominantly consists of lawn making it an inviting private space suitable for relaxation or recreational activities. On-street parking is available at the front of the house for convenience. Located in a peaceful residential neighborhood yet close to essential amenities such as local shops, cafes, and schools including Richard Lee Primary School and Caludon Castle School, this property benefits from excellent transport links providing quick access to Coventry city center as well as Leicester and Birmingham. This property is particularly attractive to first-time buyers or investors looking to capitalize on its renovation potential in one of Wyken’s most sought-after locations.

Investment Analysis

(CV2 area)

Above Market Value

This property is priced +25.9% above area average per sq ft

+25.9%
This Property
£307/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£161,679
10% above area average per sq ft
Potential ROI
-26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +6.8%
5 year growth: +23.1%
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

Herrick Road, Poets Corner, Coventry, CV2 5JL
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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
£699
Based on a loan of £138,750 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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