3-bedroom terraced house · CV2 2BU
Sold STCListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three-bedroom end-terrace house quietly positioned in a pleasant off-road setting behind a pedestrianised walkway, offering an excellent opportunity for first-time buyers or investors alike.
The property is offered for sale with immediate vacant possession and no onward chain, making it ideal for a swift and straightforward purchase.
While requiring some modernisation, the house provides well-proportioned accommodation with excellent potential to add value.
The location is a key selling point, being well served by local amenities, including nearby shops, primary schools, supermarkets, and convenient access to the M1, M6 and M69 motorway network.
The University Hospital Coventry & Warwickshire is also within easy walking distance, enhancing its appeal for buy-to-let purchasers.
The accommodation briefly comprises a reception hall, a generous open-plan lounge/dining room, and a kitchen.
A former part integral garage has been converted to create an additional reception room, ideal as a ground-floor bedroom, home office or second sitting room.
To the first floor are three well-sized bedrooms and a bathroom with shower.
Externally, the property benefits from an open-plan front garden, an enclosed, low-maintenance rear garden, and rear vehicular access via double opening gates, providing valuable off-road parking.
An attractively priced home with strong potential, early viewing is highly recommended.
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 Ely Close, Walsgrave, Coventry, CV2
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