Northfield Road, Coventry, CV1 2BP
By Cloud9 Estates Ltd
£ 210,000
Reviews
2 out of 5 stars
Cloud9 Estates Ltd says ..
*ATTENTION INVESTORS* New Instruction! - Cloud9 Estates Present This Spacious Dour-Bedroom Mid-Terraced House with HMO License in Situated In Prime City Centre Location. Renting for £1600 excluding bills.
Property Oracle says ..
This four-bedroom mid-terraced house in Coventry is marketed towards investors due to its potential for rental income. The listing highlights its location near Coventry University and the city centre, making it appealing to students. The property boasts two bathrooms and an 844 sqft floor area.
The exterior of the property appears relatively well-maintained, from what can be seen in the photographs. However, the interior photos reveal a property in need of some attention. The kitchen is cluttered, and the living room shows signs of wear and tear. The bedrooms shown are functional but simply furnished; they are neither clean nor well presented, implying a need for cleaning, repairs, or upgrades. The inclusion of a small backyard space is a minor advantage but is currently in a severely neglected and overgrown state, not providing any usable space as it stands.
The listing’s emphasis on rental potential raises important considerations for potential buyers. While the high rental yield might appeal to investors, prospective buyers should factor in potential renovation costs and maintenance expenses to offset any profit generated. Given the condition of the property and lack of plot size information, a thorough assessment is vital before any purchase decision. Additional information would improve the overall clarity of the assessment of this property and its value. The lack of plot size information is a significant drawback and potentially affecting pricing.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 844.00
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
- 234,977.00 £Increased by 10.88 %
- Est sale value
- 248,136.00 £Increased by 28.95 %
- Average area rental value
- 1,065.00 £/moDecreased by 1.11 %
- Est letting value
- 844.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.44 %Decreased by 10.82 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Cloud9 Estates Ltd marked this listing as sold.
Cloud9 Estates Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Gosford Park Children'S Centre | Children's Centre | 0.46 KM | |
| Gosford Park Primary School | Community School | Good | 0.46 KM |
| All Saints Church Of England Primary School | Voluntary Controlled School | Good | 0.54 KM |
| Blue Coat Church Of England School And Music College | Academy Converter | Good | 0.57 KM |
| Summit School | Other Independent Special School | 0.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sky Blue Way | £ 0 | 0 | 0.00 KM |
| London Road | £ 180,000 | 0 | 0.00 KM |
| Spring Close | £ 0 | 0 | 0.00 KM |
| Vernon Close | £ 0 | 0 | 0.00 KM |
| Ringway Whitefriars | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Coventry | 1030 | COV | 2.22 KM |
| Coventry Arena | 7416 | CAA | 4.82 KM |
| Canley | 1129 | CNL | 5.98 KM |
| Bedworth | 1165 | BEH | 8.83 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Northfield Road, Coventry | £ 160,000 | BUY | 4 / 10 | 0.00 KM |
| Northfield Road, Stoke, Coventry, CV1 | £ 220,000 | BUY | 6 / 10 | 0.06 KM |
| David Road CV1, Coventry, CV1 | £ 130,000 | BUY | 5 / 10 | 0.06 KM |
| David Road, Coventry | £ 240,000 | BUY | 3 / 10 | 0.06 KM |
| Investment HMO Great Location | £ 180,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 78 Northfield Road | £ 67,000 | 0.00 KM |
| 34 Northfield Road | £ 130,000 | 0.00 KM |
| 86 Northfield Road | £ 120,000 | 0.00 KM |
| 106 Northfield Road | £ 106,188 | 0.00 KM |
| 126 Northfield Road | £ 94,000 | 0.00 KM |