21 Old Winnings Road, Keresley End, Coventry, West Midlands CV7 8JL

This three-bedroom semi-detached house presents a compelling opportunity for those looking to invest in a renovation project. Priced at £90,000, the property is exceptionally cheap at £113/sqf compared to the local average of £311/sqf, making it an attractive acquisition for savvy buyers. While the interior shows significant signs of neglect, with dated carpets in the lounge and damp issues in the bedrooms, these challenges can be transformed into a rewarding value-add project.

The extensive renovation required here allows for a complete reimagining of the space, from updating the worn kitchen units to revitalising the overgrown garden. With a renovation budget estimated between £50,000 and £80,000, you have the chance to create a modern family home or a lucrative investment. However, be aware that the property’s non-standard construction may pose challenges with financing, and the heavy project scale indicates a full-gut programme is necessary to achieve the best results.