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Highfield Road, Coventry, CV2

West Midlands

£180,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
684 sqft

Description

This three-bedroom terraced house presents a significant opportunity for investors and those looking to enter the property market in Coventry. Its strategic location near Coventry City Centre, the railway station, and local amenities adds to its appeal. The layout encompasses two floors, featuring a modern kitchen/dining area at the front, a ground-floor double bedroom, and essential shower facilities. The first floor accommodates two additional double bedrooms with their own en-suite shower facilities. Previously utilized as a multi-room rental property, there is potential here for continued rental income, pending compliance with local regulations. With estimates suggesting possible room rents of around £650 per calendar month per room, this property could yield strong returns. Externally, a generous rear garden allows for further enhancements—ideal for creating communal outdoor spaces or potentially developing (subject to planning permission). Conveniently located just under a mile from the city centre makes this an enticing option for first-time buyers or investors seeking long-term rental strategies.

Investment Analysis

(CV2 area)

Above Market Value

This property is priced +8.0% above area average per sq ft

+8.0%
This Property
£263/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£183,398
10% above area average per sq ft
Potential ROI
-16.6%
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

Highfield Road, Coventry, CV2
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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
£680
Based on a loan of £135,000 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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