Northfield Road, Coventry, CV1 2BP
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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 %
from 211,917.00 £
Est sale value
248,136.00 £
Increased by 28.95 %
from 192,432.00 £
Average area rental value
1,065.00 £/mo
Decreased by 1.11 %
from 1,077.00 £/mo
Est letting value
844.00 £/mo
Unchanged by 0.00 %
from 844.00 £/mo
Est rental Yield
5.44 %
Decreased by 10.82 %
from 6.10 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Cloud9 Estates Ltd marked this listing as sold.

  • Cloud9 Estates Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Gosford Park Children'S CentreChildren's Centre0.46 KM
Gosford Park Primary SchoolCommunity SchoolGood0.46 KM
All Saints Church Of England Primary SchoolVoluntary Controlled SchoolGood0.54 KM
Blue Coat Church Of England School And Music CollegeAcademy ConverterGood0.57 KM
Summit SchoolOther Independent Special School0.61 KM

Images

Front Photo Kitchen-min Lounge Garden Bedroom 2-min Bedroom 3 Bedroom 4-min Bedroom 1

Nearby Streets

NameAverage PriceAverage SqftDistance
Sky Blue Way £ 000.00 KM
London Road £ 180,00000.00 KM
Spring Close £ 000.00 KM
Vernon Close £ 000.00 KM
Ringway Whitefriars £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Coventry1030COV2.22 KM
Coventry Arena7416CAA4.82 KM
Canley1129CNL5.98 KM
Bedworth1165BEH8.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
Northfield Road, Coventry £ 160,000BUY4 / 100.00 KM
Northfield Road, Stoke, Coventry, CV1 £ 220,000BUY6 / 100.06 KM
David Road CV1, Coventry, CV1 £ 130,000BUY5 / 100.06 KM
David Road, Coventry £ 240,000BUY3 / 100.06 KM
Investment HMO Great Location £ 180,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
78 Northfield Road £ 67,0000.00 KM
34 Northfield Road £ 130,0000.00 KM
86 Northfield Road £ 120,0000.00 KM
106 Northfield Road £ 106,1880.00 KM
126 Northfield Road £ 94,0000.00 KM