Bond Wolfe says ..

Property Oracle says ..

The property at 45 Hartlepool Road, Coventry, CV1 5JB is a terraced house listed at £55,000. The property appears to be a two-bedroom property, though the exact square footage is not provided. Based on the image, the property seems to be in reasonable condition, though a full inspection would be needed to confirm this. The exterior shows a standard brick facade, with no immediately visible signs of significant disrepair. However, the absence of detailed information regarding the property’s interior condition and square footage makes a comprehensive assessment challenging.

The location, in the St Michael’s area of Coventry, benefits from proximity to several schools, including Hillfields Children’s Centre, Hillfields Nursery School, and John Gulson Primary School, all within a short distance. The presence of several highly-rated schools (Hillfields Nursery School and Sidney Stringer Primary Academy are both rated Outstanding by Ofsted) is a positive aspect for families. The area also has good transportation links, with Coventry train station being approximately 2.26 km away. However, without more detailed information on the immediate surroundings, a complete assessment of the location’s desirability is difficult.

The available land appears to be limited, typical of a terraced house in an urban area. The provided plot size of 0.00 sqft suggests a small or non-existent garden.

Considering the list price of £55,000, compared to an average house price of £222,851 in the area and an average price per sqft of £142, the property appears significantly underpriced. However, the lack of sqft data for this property makes a direct comparison challenging. The lower price may reflect the property’s smaller size, condition, or the need for potential renovations. Nearby properties on Hartlepool Road sold for prices ranging from £32,000 to £135,000, suggesting the list price is within the range of comparable properties, though without more information on the size and condition of these properties, a definitive conclusion is not possible. The significant difference between the average area price and the list price warrants further investigation into the property’s specific features and any potential drawbacks.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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