Cromwell Street, Coventry, CV6 5EY
CL

Cromwell Street, Coventry, CV6 5EY

By Cloud9 Estates Ltd

£ 90,000

Reviews

1 out of 5 stars

Cloud9 Estates Ltd says ..

*** NO FURTHER VIEWINGS AVAILABLE *** BEST AND FINAL OFFERS BY 12 NOON MONDAY 16TH DECEMBER *** Attention Investors and Cash Buyers. Two-Bedroom Semi Detached Property Available. In need of total modernisation and improvement. Ideal for builders. OPEN HOUSE SATURDAY 14th AT 10AM! MUST CALL TO BO...

Property Oracle says ..

This two-bedroom semi-detached property in Foleshill, Coventry, is presented as a fixer-upper, clearly marketed towards cash buyers or investors. The listing emphasizes the need for total modernization. The provided images confirm the property’s poor condition, showing significant wear and tear throughout. Damp or water damage is visible in several rooms and a general lack of maintenance is evident. The kitchen and bathroom are outdated and require complete replacement. The floors and wall coverings are old and damaged. The property appears small. The absence of a garden further reduces its desirability to many potential buyers. The list price, though potentially attractive for those with renovation expertise, presents a high risk and a significant amount of work to achieve a habitable and desirable property. Investors would need to consider the costs of renovation and the time investment involved against the potential for rental income or future resale value. The location in Foleshill, Coventry, means that the area, while providing some conveniences, is less sought-after compared to other areas within the city. The nearby schools show variability in Ofstead ratings highlighting the need to investigate school choices further. Overall, this is a high-risk, high-reward proposition; a sound investment opportunity only for individuals with the financial capacity and renovation expertise to undertake a major overhaul.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
3
Location
4
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
724.41

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
1,040,000.00 £
Increased by 355.37 %
from 228,384.00 £
Est sale value
916,378.65 £
Increased by 408.03 %
from 180,378.09 £
Average area rental value
1,075.00 £/mo
Increased by 13.40 %
from 948.00 £/mo
Est letting value
724.41 £/mo
Unchanged by 0.00 %
from 724.41 £/mo
Est rental Yield
1.24 %
Decreased by 75.10 %
from 4.98 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Cloud9 Estates Ltd marked this listing as sold.

  • Cloud9 Estates Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Broad Heath Community Primary SchoolCommunity SchoolGood0.49 KM
Frederick Bird Primary SchoolCommunity SchoolRequires improvement0.69 KM
Stanton Bridge Primary SchoolAcademy ConverterGood0.69 KM
St Mary And St Benedict Catholic Primary SchoolVoluntary Aided SchoolGood0.88 KM
St Elizabeth'S Catholic Primary SchoolAcademy Converter0.90 KM

Images

Conservatory Bathroom Bedroom 2 Front Photo Living Room Living Room 2 Kitchen Bedroom 1

Nearby Streets

NameAverage PriceAverage SqftDistance
Ordnance Road £ 000.00 KM
George Street £ 000.00 KM
Vernon Close £ 000.00 KM
Jade Close £ 000.00 KM
Drake Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Coventry Arena7416CAA2.96 KM
Coventry1030COV3.15 KM
Canley1129CNL6.44 KM
Bedworth1165BEH7.09 KM
Bermuda Park6543BEP9.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cromwell Street, Coventry, CV6 5EY £ 90,000BUY3 / 100.00 KM
Cromwell Street, Coventry £ 160,000BUY5 / 100.03 KM
Cromwell Street, Coventry, CV6 £ 150,000BUYUnknown0.05 KM
19 Peel Street, Coventry, West Midlands, CV6 5DU £ 165,000BUYUnknown0.15 KM
Smith Street, Coventry, CV6 £ 155,000BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
25 Cromwell Street £ 31,5000.00 KM
9 Cromwell Street £ 122,0000.00 KM
33 Cromwell Street £ 70,0000.00 KM
31 Cromwell Street £ 100,0000.00 KM
8 Cromwell Street £ 80,0000.03 KM