# 6 bedroom terraced house for sale (CV1 4AR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15 COUNDON ROAD, COVENTRY, WEST MIDLANDS CV1 4AR |
| Price | £240,000 |
| Bathrooms | 2 |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 141 m² |
| Last sold | £110,000 Jun 2002 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** B
- **Expiry date:** 09/01/2032
- **Current heating cost:** £1,408/year
- **Est. upgrade cost to C:** £29,488

### Recommendations
- A (£100 - £350)
- A3 (£1,500 - £2,700)
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- W2 (£4,000 - £6,000)
- C (£15 - £30)
- E (£40)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2319-1018-6552-6519-2510)

## 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.

## Property Photos

- ![1 T202412031611.jpg](/listings/photos/156062822/1523274) - 1 T202412031611.jpg
- ![3 T202412031719.jpg](/listings/photos/156062822/1523275) - 3 T202412031719.jpg
- ![4 T202412031611.jpg](/listings/photos/156062822/1523276) - 4 T202412031611.jpg
- ![5 T202412031611.jpg](/listings/photos/156062822/1523277) - 5 T202412031611.jpg
- ![6 T202412031611.jpg](/listings/photos/156062822/1523278) - 6 T202412031611.jpg
- ![7 T202412031611.jpg](/listings/photos/156062822/1523279) - 7 T202412031611.jpg
- ![8 T202412031611.jpg](/listings/photos/156062822/1523280) - 8 T202412031611.jpg
- ![9 T202412031611.jpg](/listings/photos/156062822/1523281) - 9 T202412031611.jpg
- ![10 T202412031611.jpg](/listings/photos/156062822/1523282) - 10 T202412031611.jpg
- ![2 T202412031611.jpg](/listings/photos/156062822/1523283) - 2 T202412031611.jpg
- ![C Amp W T202412031609.jpg](/listings/photos/156062822/1523284) - C Amp W T202412031609.jpg

## Floorplans

- ![Floorplan-15 Coundon Road  Coventry T202412171012.jpg](/listings/photos/156062822/1523285) - Floorplan-15 Coundon Road  Coventry T202412171012.jpg

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 15 COUNDON ROAD, COVENTRY, WEST MIDLANDS, CV1 4AR | £110,000 | 21/06/2002 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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 |
| 50 MIDDLEBOROUGH ROAD, COVENTRY, WEST MIDLANDS, CV1 4DE | £300,000 | 12/10/2022 | 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 |
| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £240,789 (39 Terraced, CV1, 2024–2026)
- **Deviation:** -0.3%

## Rental Range

*ONS Price Index of Private Rents (Coventry). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £916/mo
- **Realistic:** £1,018/mo
- **Optimistic:** £1,120/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Coventry (Apr 2025 – Mar 2026).*

## 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)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 4.5%
- **Cost-to-rent:** 22.2×
- **Monthly cashflow:** £-160/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £1,702/m²

## Capital growth trend

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

- **5y growth:** 25.7%
- **10y growth:** 25.9%

## House Price Index (HM Land Registry)

*Official index for Coventry; Terraced series; as of April 2026.*

- **1y growth (index):** 0.4%
- **5y growth (index):** 13.6%
- **10y growth (index):** 48.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)