3-bedroom house · CV5 7BY
Sold STCReduced £10k (−3.6%) on 30 AugListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** spacious fully renovated three bedroom home in eastern green *** With spacious living/dining room, stylish fitted kitchen & bathroom, gas central heated & double glazed, gardens front & rear.
Close to schools & shops. No upward chain.
Foster Lewis & Co are delighted to offer for sael, this superb fully renovated three bedroom mid terraced home, located in the highly desirable area of Eastern Green.
The 1960s built home, has been restored throughout, with new electric and gas central heating installations, to the fully replastered and decoration.
Having new floor coverings throughout with carpets and laminate wood flooring.
The accommopdation has a wide entrance hallway onto stairwell, a spacious living/dining room, re-fitted stylish kitchen with hob/oven, a newly fitted bathroom with tiled walls and shower, plus three good size bedrooms and landing area.
There are good size gardens to front and rear, with a decorative shed and rear vehicular access to the enclosed gated rear garden.
The property is located near good schools, main bus routes and is within easy reach of Tile Hill station and Birmingham International.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 56, Mellowship Road, Coventry
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