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West Midlands
£30,000Guide Price
Listed on 06/10/2026
Listed on 06/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom ground floor flat in Coventry presents a significant renovation project, with a guide price of £30,000 to £50,000. While the condition throughout is poor, with visible wear and outdated decor in the living areas and bedrooms, there is considerable potential for value creation post-renovation. The dated kitchen and bathroom offer a blank canvas for modern updates, allowing a new owner to tailor the space to contemporary tastes.
The absence of usable floor area means we cannot assess the price per square foot against local averages, but the overall investment potential remains strong given the low guide price. Expect a full-gut programme due to the significant refurbishment needed, which could provide a rewarding challenge for those looking to transform this property into a desirable home or rental.
This listing is a chance to capitalize on a project that allows for major improvements, although prospective buyers should be prepared for the scale of work involved and the associated costs.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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