Swan Lane, Stoke, Coventry
West Midlands
£85,000Guide Price
Listed on 19/10/2026
Listed on 19/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
654 sqftFeatures
- Garden
Description
Offered at auction, this two-bedroom mid-terrace house is described as requiring modernisation and is offered with no onward chain. The ground floor has a large lounge with a feature fireplace and a generously sized kitchen with wall and base units. Upstairs are two double bedrooms, with over-stair storage in the rear room, and a bathroom with a bath and shower over, WC and wash basin. The listing states that the property has double glazing and central heating, and describes both front and rear gardens. Local amenities and schools are within walking distance. The seller's freehold information should be confirmed by a solicitor. Bidders should review the legal pack and auction terms, including the stated deposit and reservation fee, before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
70out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £85,000, this two-bedroom terrace is priced at about £130/sq ft against a local average of £245/sq ft, giving a buyer a notably low entry point for a project. The lounge and two double bedrooms offer a clear canvas for refreshed finishes, while the generously sized kitchen gives scope to rework one of the home’s main living spaces. The rear garden also has room to be brought back into use.
This is a substantial improvement project rather than a cosmetic update: the kitchen and bathroom are tired, and dated finishes and worn flooring show across several rooms. The bathroom has visible deterioration around the lower walls and floor, though its cause is not established. The £35,000–£55,000 renovation range indicates the scale of work; at its £45,000 midpoint, purchase plus works totals £130,000 before fees, against an implied local average value of £160,132. The property is being sold by online auction: bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Refresh the lounge and two double bedrooms, retaining or reworking distinctive features such as the fireplaces.
- Use the generously sized kitchen as an opportunity to update the layout and finishes.
- Clear and improve the overgrown rear garden to create a more usable outdoor space.
Key risks
- The £35,000–£55,000 works range makes this a substantial programme across the kitchen, bathroom, finishes and flooring, rather than a quick cosmetic refresh.
- Visible staining and deterioration around the bathroom’s lower walls and floor need investigation; the cause is not established.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£321
Based on a loan of £63,750 over 30 years at 4.45% interest
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