Sold Terraced

15 COUNDON ROAD

COVENTRY, WEST MIDLANDS CV1 4AR

2 baths 1,518 sq ft Listed 18 Dec 2024 (-591d)

£240,000

Guide Price

Save

Listing type

Auction
1 T202412031611.jpg

1 T202412031611.jpg 3 T202412031719.jpg 4 T202412031611.jpg 5 T202412031611.jpg 6 T202412031611.jpg 7 T202412031611.jpg 8 T202412031611.jpg 9 T202412031611.jpg 10 T202412031611.jpg 2 T202412031611.jpg C Amp W T202412031609.jpg

/ 11

Property details

Listing category

Auction

Floor area

141 m²

EPC rating

E

Year built

England and Wales: 1930-1949

Last sold

£110,000 Jun 2002

Price per m²

£1,702/m²

Local average

£240,789 (-0.3%)

Deprivation

Decile 2 (4,732 of 33,755)

Street crime

847 incidents within 1 mile (May 2026)

Key features

  • **This property is currently available – Please contact the Auctioneers to register your interest**
  • IN ROOM AND LIVESTREAM AUCTION
  • Requires redecoration
  • Tenanted investment opportunity
  • HMO licence till April 2026 (Not transferable)
  • Current rent payable £22,800 p.a.
  • Freehold

Description

This property is currently available – Please contact the Auctioneers to register your interest

IN THE ROOM AND LIVESTREAM

To be sold via Public Auction on Thursday 6th February 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £240,000 to £260,000
This property is currently available – Please contact the Auctioneers to register your interest

Tenanted investment opportunity. 3 Storey mid terrace consisting of 5 x bedsits and 1 x studio flat, with communal kitchen and bathrooms. Requiring some redecoration. Current HMO licence until April 2026 (not transferable) rent payable £22,800 p.a. Potential to achieve more once fully let.
ACCOMMODATION GROUND FLOOR
Room 1:
Lounge/Bedoom:14 ft 7 in x 8 ft 9 in
Kitchen: 10 ft 11 in x 9 ft 11 in
Separate shower room:
Communal kitchen: 12 ft 7 x 10 ft 10 in
Room 2: Not inspected.
FIRST FLOOR
Room 3:
Bedsit: 11 ft 8 in x 9 ft 11 in
Communal bathroom:
Room 4: 12 ft 6 in x 10 ft 10 in
Room 5: 15 ft 8 in x 15 ft 2 in max
SECOND FLOOR
Room 6:
Lounge/bedroom/Kitchen: 13 ft 9 in x 12 ft 7 in
Store:
OUTSIDE Front: Garden.
Rear: Communal garden.
On Street parking.
SERVICES AND HEATING Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)

Gas central heating.
EPC RATING - E
COUNCIL TAX BAND - D
TENURE Freehold subject to tenancies.
TENANCIES Assured Shorthold Tenancy
Room 1 - Vacant
Room 2
Let month by month at £350 p.c.m - no tenancy agreement in place
Room 3
Term: 12 months from 01/02/2024
Rent payable: £350 p.c.m.
Room 4
Term: 12 months from 15/04/2024
Rent payable: £450 p.c.m.
Room 5
Term: 12 months from 01/01/2024
Rent payable: £400 p.c.m.
Room 6
Term: 12 months from 19/05/2022
Rent payable: £350 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £1,440 (£1,200 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Listed by

Coventry - Auction

Sheldon Bosley Knight

Reference: 156062822

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 10/01/2022

Expiry date: 09/01/2032

Current heating cost: £1,408/year

Potential heating cost: £632/year

Est. upgrade cost to C: £29,488

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Room-in-roof insulation (£1,500 - £2,700)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Add additional 80 mm jacket to hot water cylinder (£15 - £30)
  • Low energy lighting for all fixed outlets (£40)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan-15 Coundon Road Coventry T202412171012.jpg

Floorplan-15 Coundon Road Coventry T202412171012.jpg

Price history

Event Date Price % change
Sold 21/06/2002 (24 years ago) £110,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
22 COUNDON ROAD, COVENTRY, WEST MIDLANDS, CV1 4AW £317,000 12/12/2025 Terraced
10 CHESTER STREET, COVENTRY, WEST MIDLANDS, CV1 4DJ £295,000 21/11/2025 Terraced
11A CHESTER STREET, COVENTRY, WEST MIDLANDS, CV1 4DH £400,000 14/11/2025 Terraced
19 HAWKSWORTH DRIVE, COVENTRY, WEST MIDLANDS, CV1 4PX £195,000 20/10/2025 Terraced
3 COUNDON ROAD, COVENTRY, WEST MIDLANDS, CV1 4AR £126,000 21/08/2025 Terraced
57 COUNDON ROAD, COVENTRY, WEST MIDLANDS, CV1 4AR £163,000 11/04/2024 Terraced
46 MELVILLE ROAD, COVENTRY, WEST MIDLANDS, CV1 3AL £245,000 15/12/2023 Terraced
16 GLOUCESTER STREET, COVENTRY, WEST MIDLANDS, CV1 3BZ £310,000 14/07/2023 Terraced
10 COUNDON STREET, COVENTRY, WEST MIDLANDS, CV1 4AS £190,000 27/04/2023 Terraced
60 MIDDLEBOROUGH ROAD, COVENTRY, WEST MIDLANDS, CV1 4DE £220,000 15/12/2022 Terraced
53 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU £230,000 07/12/2022 Terraced
12 STANIER AVENUE, COVENTRY, WEST MIDLANDS, CV1 4PY £181,000 28/10/2022 Terraced
55 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU £360,000 12/10/2022 Terraced
3 COUNDON ROAD, COVENTRY, WEST MIDLANDS, CV1 4AR £360,000 12/10/2022 Terraced
50 MIDDLEBOROUGH ROAD, COVENTRY, WEST MIDLANDS, CV1 4DE £300,000 12/10/2022 Terraced
17 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU £250,000 06/10/2022 Terraced
44B MELVILLE ROAD, COVENTRY, WEST MIDLANDS, CV1 3AL £100,000 26/09/2022 Terraced
6 WORSDELL CLOSE, COVENTRY, WEST MIDLANDS, CV1 4PU £160,000 09/09/2022 Terraced
37 CHESTER STREET, COVENTRY, WEST MIDLANDS, CV1 4DH £298,000 07/09/2022 Terraced
30 GLOUCESTER STREET, COVENTRY, WEST MIDLANDS, CV1 3BZ £250,000 01/09/2022 Terraced

Area average: £247,500 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 25.7%
10y growth 25.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Coventry. Series: Terraced. As of April 2026.

1y (index) 0.4%
5y (index) 13.6%
10y (index) 48.5%

Rental Range

Estimated market rent for Coventry. Low = conservative, Realistic = average, Optimistic = best case.

Low £916/mo
Realistic £1,018/mo
Optimistic £1,120/mo

Based on Local Authority from postcode lookup → Coventry.

LHA (30th percentile) floor for Coventry: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View CV1 4AR

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Coundon Rd / Middleborough Rd 0.0 miles
Shop Hi Fi Excellence 0.2 miles
Shop Spon Gate Motorcycles 0.3 miles
Hospital George Elliot Medical Centre 0.8 miles
Train station Coventry 0.8 miles
University Unknown 0.9 miles
Train station Canley 1.4 miles
Hospital Brian Oliver Centre 10.3 miles

Street-level crime

Category Count
Violence and sexual offences 323
Shoplifting 120
Public order 68
Criminal damage and arson 57
Other theft 52
Anti-social behaviour 41
Vehicle crime 37
Drugs 33
Burglary 32
Robbery 30
Possession of weapons 16
Theft from the person 14
Bicycle theft 13
Other crime 11
Total incidents 847

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Osburg's Catholic Primary School Primary 0.1 miles Good — 11 Mar 2011
Bablake School Other 0.2 miles — (No rating)
Spon Gate Primary School Primary 0.2 miles Good — 14 Jun 2023
Barr's Hill School Secondary 0.3 miles Outstanding — 17 Apr 2024
Moseley Primary School Primary 0.4 miles Good — 3 Mar 2014

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
Studio Flat, Coundon Road, CV1 £900/mo 1 0.02 miles OpenRent
Studio Flat, Coundon Road, CV1 £665/mo 1 0.03 miles OpenRent
6 Bed Semi-Detached House, Barras Lane, CV1 £2,850/mo 6 0.05 miles OpenRent
Studio Flat, Holyhead Road, CV1 £800/mo 1 0.1 miles OpenRent
Studio Flat, Norfolk St, CV1 £698/mo 1 0.17 miles OpenRent
1 Bed Flat, Middleborough Road, CV1 £900/mo 1 0.18 miles OpenRent
2 Bed Flat, Spon Gate House, CV1 £925/mo 2 0.32 miles OpenRent

Average rent: £1,105/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 2.8% gross yield avg £329,800 sale, £783/mo rent
Rent ratio 0.38%
Max investor price (0.8%) £112,500
Target investor price (1%) £90,000
Gross yield 4.5%
Cost-to-rent ratio 22.2×
Monthly cashflow £-160/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -2.8%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).