9/11, Church Road, COVENTRY, West Midlands, CV7 9HX

Description

Freehold semi-detached house. The property is located on Church Road (B4065). Shilton provides village amenities with a more comprehensive range of shops, bars and restaurants found within Coventry City Centre lying to the south west. Public transport links are provided by a network of local bus services serving the surrounding areas. The property is served by road links including the M69 located to the west and the M6 lying to the south. Recreational pursuits can be found throughout the surrounding countryside.

Accommodation

First floor: Five bedrooms, bathroom/wc. Ground floor: Three reception rooms, kitchen. Outside: Garden, garage, drive.

Location

The property is located on Church Road (B4065). Shilton provides village amenities with a more comprehensive range of shops, bars and restaurants found within Coventry City Centre lying to the south west. Public transport links are provided by a network of local bus services serving the surrounding areas. The property is served by road links including the M69 located to the west and the M6 lying to the south. Recreational pursuits can be found throughout the surrounding countryside.

Tenure / Property Information

Investment Analysis

The supplied sold evidence comprises older local semi-detached transactions, with the latest recorded sale at £162,000 in April 2014. These sales provide a historic local reference only and do not establish a current GDV. The £68,000 guide is substantially below that historic evidence, but the property’s current condition, specification and any required works are not supplied. The single £2,600 pcm rental listing is an advertised asking rent for Centenary Drive, not achieved rent or a confirmed rent for this property.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, legal review, confirmation of special-condition fees, current valuation evidence and a detailed works budget. Do not rely on the headline rental yield or historic 2014 comparables when setting a bid.

Works Required

The EPC is rated G, so energy-efficiency improvement may be required. No specific defects, services condition, layout issues or refurbishment scope are supplied; a full survey, EPC recommendations review and quotation exercise are required before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The low guide creates apparent refinance potential when compared with historic local sales, but no current GDV or refurbishment budget can be supported from the evidence. The EPC G rating and unknown condition create material uncertainty. BRRR viability cannot be calculated until current valuation, works cost and refinance terms are confirmed.

Buy-to-Let Analysis

Using the supplied £2,600 pcm advertised asking rent as a provisional indicator gives annual rent of £31,200 and a headline gross yield of 45.88% against the £68,000 guide. This is not a verified achievable rent and the listing is for a different address. A reliable BTL yield cannot be established without confirmed market rent, condition, works, operating costs, finance costs and total acquisition costs.

Flip Analysis

A flip appraisal cannot be completed reliably. The latest supplied comparable is £162,000 but dates from 2014, and no current GDV, works budget, selling costs or property condition are available. The £1,800 inclusive buyer documentation fee is known, while any seller-charged completion fees remain unspecified.

Investor Risks & Due Diligence

• EPC rating G may require material energy-efficiency expenditure, but the required scope is unknown.

• The latest supplied comparable is from 2014 and cannot establish current market value.

• The £2,600 pcm figure is an advertised asking rent for a different address and is not an achieved or confirmed rent for this property.

• Property condition, heating, parking arrangements and services information are not supplied.

• Additional seller-charged completion fees may apply under the Special Conditions of Sale.

• The five-bedroom accommodation and three reception rooms require verification through inspection and legal documentation.

Recommendation

Proceed only subject to inspection, legal review, confirmation of special-condition fees, current valuation evidence and a detailed works budget. Do not rely on the headline rental yield or historic 2014 comparables when setting a bid.

Strategy Rating

Analysis Confidence

The address, tenure, accommodation, guide price, EPC rating, one buyer fee and historic local sales are supplied, but current comparables, condition, works costs, achievable rent, seller fees and finance assumptions are missing.