Freehold Street, Coventry
West Midlands
£135,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
558 sqftFeatures
- Garden
Description
This two-bedroom terraced house is offered with no onward chain and is within walking distance of Coventry city centre. The ground floor has two reception rooms, with the rear room arranged as a kitchen and dining area and opening towards the garden. Upstairs are two double bedrooms and a bathroom with a bath, wash basin and WC. The listing notes that the flooring, kitchen and rear garden would benefit from investment and modernisation. The garden has side access and scope for improvement. Local amenities, transport links and city-centre facilities are nearby.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
37out of 100
Grade ELow opportunity
Confidence: MEDIUM
This two-bedroom terrace has a clear, manageable improvement canvas: refresh the worn ground-floor flooring and presentation, improve the basic kitchen area, and clear the overgrown rear garden to see what landscaping it can support. Its position within walking distance of Coventry City Centre, two reception rooms and a bathroom that appears serviceable add to the appeal of the project.
The main constraint is the price, not a lack of scope. At £135,000, the asking price is already above the local £/sqf benchmark; adding the £6,000–£12,000 refurb range leaves the likely purchase-plus-works cost stretched against the local average benchmark for this floor area. That comparison is with current local average value, not a forecast of the renovated property’s value, so the numbers make this a selective rather than strong-value opportunity.
Key opportunities
- Refresh the worn ground-floor flooring and unfinished presentation for a more cohesive interior.
- Improve the basic kitchen area, including addressing the exposed pipework.
- Clear the overgrown rear garden and assess its potential for landscaping.
Key risks
- At the asking price, adding the £6,000–£12,000 refurbishment range puts purchase-plus-works costs above the local average benchmark for this floor area, limiting the value case.
- All-in spend is likely to land near £144,000 when purchase and the £9,000 refurb range are added together, leaving a gap of around 16% versus area norms for this sqft; post-works value sits outside our data.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£510
Based on a loan of £101,250 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.
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