37 Collingwood Road, Earlsdon, Coventry, West Midlands

Description

2 bedroom, mid terrace property with ground floor bathroom requiring some improvements. Located in a popular residential area off Shakleton Road. Ideal investment opportunity.

Accommodation

Ground floor: hallway; lounge: 11 ft 5 in x 7 ft 7 in; kitchen: 11 ft 3 in x 11 ft 1 in max; shower room. First floor: bedroom 1: 11 ft 3 in x 11 ft 1 in; bedroom 2: 11 ft 2 in max x 11 ft 2 in.

Location

Located in a popular residential area off Shakleton Road.

Tenure / Property Information

Investment Analysis

Five HM Land Registry comparables on Collingwood Road range from £149,000 to £205,000, with a median of £180,000. The latest supplied sale, 30 Collingwood Road, completed at £180,000 on 22 July 2026. The comparables are described only as freehold terraces and provide no bedroom count or condition details, so no reliable property-specific adjustment can be made. A base GDV of £180,000 is therefore used, with a broad evidence-based range of £149,000 to £205,000.

Investment Snapshot

Strategy Recommendation

Proceed only after a full viewing, legal review and detailed works budget. The evidence supports a potentially attractive value gap against the guide, but not a dependable BTL, BRRR or flip return calculation at this stage.

Works Required

The description states that the property requires some improvements, but gives no detailed schedule or condition assessment. Allowance should therefore be made only for inspection-led improvements identified after viewing; no reliable works budget can be calculated from the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £180,000 base GDV, a 75% refinance is £135,000. However, acquisition price, refurbishment cost, additional auction costs and finance costs cannot be reliably combined into a total project cost, so cash left in and equity cannot be calculated. The unknown EPC and unspecified improvements also limit refinance certainty.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, and the buyer premium and admin charge total £2,880 before any additional special-condition costs, but the purchase price and operating assumptions remain unknown.

Flip Analysis

The supplied comparable evidence supports a broad resale indication of £149,000 to £205,000, with £180,000 as the base case. A flip surplus cannot be calculated because the winning purchase price, works cost, additional special-condition charges and selling allowance are unknown.

Investor Risks & Due Diligence

• The property requires some improvements, but the scope and cost are not supplied.

• No sufficiently specific rental evidence or auctioneer rent estimate is available.

• EPC status is to be confirmed and heating is electric.

• The guide is a range of £80,000 to £100,000, with the eventual purchase price unknown.

• Special Conditions of Sale may add search, seller-cost reimbursement, legal, transfer or other charges.

• The sold comparables do not provide bedroom count or condition details, limiting GDV precision.

• On-street parking only is stated.

Recommendation

Proceed only after a full viewing, legal review and detailed works budget. The evidence supports a potentially attractive value gap against the guide, but not a dependable BTL, BRRR or flip return calculation at this stage.

Strategy Rating

Analysis Confidence

There is useful same-road completed-sale evidence, including a recent £180,000 sale, but the comparables lack bedroom and condition details. Rent, EPC, refurbishment scope, purchase price and potential additional auction costs are not sufficiently evidenced.