Radford Road, Radford, Coventry

This detached house presents a solid opportunity for investors or buyers looking to add value through renovation. With an asking price of £389,950, the property is exceptionally priced at £159 per square foot, significantly below the local average of £248 per square foot. This affordability opens up possibilities for a substantial refurbishment, which is estimated to range from £40,000 to £80,000, potentially enhancing the property's value and appeal.

Set in a prime location on a busy junction, the property boasts mixed-use potential with two commercial units and three studio flats, two of which are currently let, providing an attractive rental income of approximately £39,200 per annum. The existing billboard also generates an additional £2,000 per annum, with potential for an upgrade to double that income. While the overall condition is dated, this just means there’s a canvas for creative renovation to modernize and increase rental potential or resale value. The scale of the project is medium, allowing for significant improvements without overwhelming investment.