15
Standard Avenue, Coventry, CV4
OIRO £189,995
3 bedrooms, 1 bathrooms, 2 receptions
Summary:
Situated in the popular residential area of Tile Hill, this spacious three-bedroom end-of-terrace home offers excellent potential for modernisation and value enhancement. With a rear extension already in place, the property provides generous living space and a fantastic opportunity for buyers or investors. The ground floor comprises a substantial through lounge/dining room with feature fireplace and large front window allowing plenty of natural light. To the rear, the property benefits from an extended kitchen and additional reception/breakfast area, increasing the overall footprint and offering scope for reconfiguration into an open-plan kitchen/diner (subject to works).Upstairs, there are three well-proportioned bedrooms, including two generous doubles, and a family bathroom. The property is in need of cosmetic updating and remodelling but offers solid proportions and an excellent layout to work with.Externally, the home benefits from a mature rear garden with patio and rear access to a garage, established planting, offering privacy and outdoor space ideal for families.Located close to local amenities, schools, and transport links, this property presents a strong opportunity for renovation and long-term growth in a consistently popular rental and resale area.
Key Features:
- CHAIN FREE - AVAILABLE IMMEDIATELY
- THREE BEDROOM END OF TERRACE PROPERTY
- REAR EXTENSION PROVIDING ADDITIONAL LIVING SPACE
- SPACIOUS THROUGH LOUNGE / DINING ROOM
- IN NEED OF MODERNISATION AND REMODELLING
- GENEROUS REAR GARDEN WITH PATIO AREA
- STRONG INVESTMENT OPPORTUNITY
- POTENTIAL RENTAL INCOME OF £1,100 – £1,200 PCM
- EPC -D COUNCIL TAX - B
Full Details:
Porch (1.27m x 1.57m (4'2" x 5'2"))
Living Room (7.15m x 3.26m (23'5" x 10'8"))
Kitchen (2.68m x 1.57m (8'10" x 5'2"))
Conservatory (2.68m x 2.40m (8'10" x 7'10"))
Bedroom 1 (4.03m x 2.76m (13'3" x 9'1"))
Bedroom 2 (3.09m x 3.17m (10'2" x 10'5"))
Bedroom 3 (2.45m x 2.07m (8'0" x 6'9"))
Bathroom (1.72m x 1.66m (5'7" x 5'5"))
Investor Yield Information
Asking Price: £190,000
Estimated Rental Income (Post-Modern Refurb): £1,100 – £1,200 PCM
Annual Rental Income:
£13,200 (at £1,100 PCM)
£14,400 (at £1,200 PCM)
Gross Rental Yield:
6.95% at £1,100 PCM
7.58% at £1,200 PCM
(Annual Rent ÷ £190,000 × 100)
At this price point, the property represents a strong investment opportunity with scope to achieve a competitive yield following modern refurbishment.
Good to Know
House - End of Terrace
Tenure: Freehold
Floor area: 979.52 sqft
Energy efficiency rating: tbc
Council tax band: b
Year built: 1930-50's
Vendor Position, NO CHAIN - VACANT POSSESSION
Loft: Insulated
Heating: Gas central heated
Disclaimer
Please Note: All fixtures & Fittings are excluded unless detailed in these particulars. None of the equipment mentioned in these particulars has been tested; purchasers should ensure the working order and general condition of any such items.
Viewing & Disclaimer:
Please contact us on 024 7663 3221 if you wish to arrange a viewing appointment for this property, or require further information.
Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.
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