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Orion Crescent, Coventry CV2

West Midlands

£155,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached property offers a solid foundation for renovation, making it an appealing opportunity for both first-time buyers and investors. Situated in the North East of Coventry, the home features three bedrooms and presents significant potential for modernisation. With no upward chain, the acquisition process could be streamlined. The layout includes a modest entrance lobby leading into a living room that connects to a kitchen/dining area, which could be transformed into an open-plan space. The upper floor comprises three bedrooms and a family bathroom, all of which are ready for updates that could enhance functionality and aesthetic appeal. Double glazing is installed throughout, and gas central heating (not tested) is already in place, providing a good starting point for further improvements. Externally, the property boasts both a fore garden and a rear garden, offering the possibility of outdoor enhancements or extensions to add value. Given the estimated end value post-renovation is around £210-220k, there’s ample scope to realise returns on investment through thoughtful design and upgrades. The location benefits from being part of a developing area in Coventry, which could lead to increased interest from potential future buyers or renters. For those looking to enter the property market or expand their portfolio, this home represents an exciting project with clear potential for appreciation.

Investment Analysis

(CV2 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£231
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 6.0%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on CV2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£568
Based on a loan of £116,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE