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Orion Crescent, Coventry CV2

West Midlands

£155,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property in the North East of Coventry presents an excellent opportunity for renovation and investment. While it currently requires modernization, the potential for enhancement is significant, with market estimates suggesting a finished value of approximately £210,000 to £220,000 upon completion of updates. The layout features a small entrance lobby that leads into a living room, followed by a kitchen/dining area—spaces that can be reimagined to create an open-plan design that appeals to modern buyers. On the upper floor, you’ll find three bedrooms along with a family bathroom, all of which could benefit from cosmetic upgrades to maximize their appeal. The property also includes both a fore garden and a rear garden, providing outdoor space that could be developed into an attractive area for relaxation or entertainment. Additionally, it benefits from double glazing and gas central heating (though these systems have not been tested), which may further enhance its comfort and efficiency post-renovation. Located within a residential area of Coventry, this home is conveniently positioned near local amenities and transport links, making it suitable not just for first-time buyers but also investors looking to capitalize on rental demand in the region. The lack of upward chain simplifies the purchasing process, allowing for quicker renovations and resale or rental. This property represents a blank canvas for prospective buyers eager to unlock its full potential through thoughtful updates and renovations.

Investment Analysis

(CV2 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.8%

Renovation Potential

Est. Renovation Cost
£15,500 - £38,750
10-25% of property value
Monthly Sales
33
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 7.5%
5 year growth: 24.4%
Investment Disclaimer: Analysis based on CV2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Orion Crescent, Coventry CV2
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