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Grangemouth Road, Coventry, CV6

West Midlands

£240,000

Listed on 14/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1177 sqft

Description

This three-bedroom terraced house in Radford presents an appealing opportunity for buyers looking for a property with renovation potential. Although the home requires some cosmetic updates, it offers a solid foundation for both first-time buyers and investors interested in creating additional value. Located in an urban area with convenient access to local amenities, schools, and green spaces, this property is ideally situated for everyday living. The ground floor includes a separate reception room with large windows that not only provide ample natural light but also offer a view of the garden and direct access to outdoor space, which is perfect for both relaxation and entertaining. The open-plan kitchen features quartz countertops and integrated appliances, along with a utility room that enhances the overall functionality of the layout. This combination creates a comfortable living environment while leaving room for personal updates to further tailor it to your needs. Upstairs, you will find a spacious master bedroom alongside another double bedroom and a single bedroom, providing flexibility for various household configurations. The modern shower room is equipped with a rainfall style shower, adding a contemporary touch. Additionally, the loft room offers extra space that can be utilized according to your preferences after obtaining necessary consents. Externally, there is notable potential for off-road parking subject to planning permission (STPP) as well as the convenience of a detached double garage—an advantageous feature in Coventry. Easily accessible from the reception room and utility area, the garden allows seamless indoor-outdoor connectivity. The location supports easy commuting options with local bus services linking to Coventry city centre and further afield via Coventry railway station, which offers swift routes to Birmingham New Street and London Euston within approximately 30 minutes and one hour respectively. With its Council Tax Band A status, this property is also budget-friendly. Overall, this terraced house represents great value as it combines essential living spaces with significant renovation potential in an accessible location.

Investment analysis

(CV6 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£204/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£241
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£321,345
10% above area average per sq ft
Potential ROI
+21.3%
After renovation
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

Grangemouth Road, Coventry, CV6
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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
£907
Based on a loan of £180,000 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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