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Oak Way, Bannerbrook, Coventry - No Onward Chain CV4

West Midlands

£240,000

Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1169 sqft

Description

This three-bedroom mid-terrace property offers a promising opportunity for buyers looking to invest in a family home with significant potential for personalisation. Nestled in a tranquil cul-de-sac within the established area of Banner Brook, this residence features off-road parking for two vehicles and an integral garage, which could potentially be transformed into additional living space, pending necessary permissions. The interior layout includes a spacious through lounge/diner and a kitchen that presents the possibility of being opened up to create a modern kitchen/diner arrangement. With no onward chain, this property provides a flexible starting point for renovations tailored to your lifestyle. The first floor hosts three generous double bedrooms, including the master suite with built-in wardrobes and an en-suite shower room. The family bathroom is already modern, but there may still be opportunities to enhance other areas of the home. The rear garden is fenced and low-maintenance, making it suitable for families or those seeking easy outdoor space management. With local amenities nearby, including schools and transport links to Birmingham New Street and London Euston via Tile Hill Station, this location is ideal for commuters. Overall, this home represents an excellent canvas for renovation enthusiasts aiming to add value while creating a comfortable living environment.

Investment Analysis

(CV4 area)

Below Market Value

This property is priced -27.5% below area average per sq ft

-27.5%
Potential saving
This Property
£205/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£364,295
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CV4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.7%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on CV4 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

Oak Way, Bannerbrook, Coventry - No Onward Chain CV4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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