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Eld Road, Coventry

West Midlands

£80,000Guide Price

Listed on 08/06/2026

Property details

Bedrooms
3
Type
Terraced

Description

This end-of-terrace property presents a compelling opportunity for investors seeking a project with substantial modernisation potential. Featuring gas central heating (currently untested) and double glazing, the home is set back from the road and benefits from a small foregarden. Conveniently located near local amenities, the layout is functional yet dated. On the ground floor, an open porch leads into a reception hall with stairs, opening to an expansive lounge/dining area measuring 6.6m x 3.4m, along with a kitchen of 2.5m x 2.6m and a bathroom fitted with a white suite. The first floor accommodates three bedrooms—two rear-facing (3.6m x 2.6m and 3.4m x 2.7m) and one front-facing (4.3m x 3.4m). Outside, the property boasts an overgrown rear garden that holds potential for landscaping improvements. Offered at auction, this property is ideal for those looking to add value through refurbishment efforts.

Investment analysis

(CV6 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£241
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CV6)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -0.7%
5 year growth: +14.6%
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

Eld Road, Coventry
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£302
Based on a loan of £60,000 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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