14 Stoney Road, Cheylesmore, Coventry, West Midlands

Description

Unique opportunity - 5 bedroom semi detached property over 3 floors, having 3 reception rooms plus 2 bathrooms, requiring some updating. Located on the outskirts of the city centre, just off Quinton Road. Potential for various uses with flexible accommodation, subject to consents.

Accommodation

GROUND FLOOR: Hallway; Reception room 1: 15 ft 9 in max x 14 ft 6 in max; Reception room 2: 14 ft 8 in x 13 ft 4 in max; Reception room 3: 12 ft 6 in x 11 ft 7 in max; Kitchen/dining: 15 ft 8 in x 12 ft 3 in max. FIRST FLOOR: Bedroom 1: 15 ft 9 in max x 14 ft 5 in max; Bedroom 2: 14 ft 8 in x 13 ft 4 in; W.C.; Bathroom; Bedroom 3: 12 ft 3 in x 9 ft 9 in; Office. SECOND FLOOR: Bedroom 4: 12 ft 5 in x 10 ft 4 in max; Bedroom 5: 12 ft 5 in max x 12 ft 1 in max; Storage; Bathroom. OUTSIDE: Front garden; rear garden; off street parking and garage.

Location

Located on the outskirts of the city centre, just off Quinton Road.

Tenure / Property Information

Investment Analysis

The only recent comparable supplied is 19 Stoney Road at £310,000 on 22 August 2025. It is described only as terraced, so its comparability to this larger five-bedroom end-terrace/semi-detached property is uncertain. The £380,000–£400,000 guide is above that evidence and should not be treated as supported market value.

Investment Snapshot

Strategy Recommendation

Proceed only after full inspection, legal-pack review and independent valuation. On the supplied evidence, the guide appears difficult to justify and neither flip nor rental returns are sufficiently supported.

Works Required

General updating is stated, but no specific defects or scope are supplied. Obtain a full inspection and budget before bidding; any change of use would require appropriate consents.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed because refurbishment costs, supported GDV and a property-specific achievable rent are unavailable. The £3,600 buyer premium and £1,920 administration charge are payable in addition to the purchase price, with possible further legal-pack disbursements.

Buy-to-Let Analysis

Advertised rental evidence ranges from £995 to £2,447 pcm, including one advertised five-bedroom property. These are asking rents, not achieved or passing rents, and no property-specific rent is supplied. A reliable BTL yield cannot therefore be established.

Flip Analysis

The supplied completed sale is £310,000, materially below the guide range, but the comparison lacks bedroom, condition and specification details. A supported resale GDV, project cost and flip surplus cannot be established.

Investor Risks & Due Diligence

• The guide range of £380,000–£400,000 exceeds the only recent supplied same-road sale at £310,000.

• The property requires updating, but no works scope or cost is provided.

• Rental figures are advertised asking rents rather than achieved or passing rents.

• Buyer and administration charges apply, with possible additional legal-pack disbursements.

• Potential alternative uses are subject to consents.

Recommendation

Proceed only after full inspection, legal-pack review and independent valuation. On the supplied evidence, the guide appears difficult to justify and neither flip nor rental returns are sufficiently supported.

Strategy Rating

Analysis Confidence

There is one recent same-road sale and broad advertised rental evidence, but no detailed comparable specifications, property-specific achieved rent, refurbishment budget, GDV or complete fee schedule.