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2 The Quadrant, Coventry, CV1 2EL
£200,000 Offers over
Bedrooms
Bathrooms
Reception
SPACIOUS 3-BED MID-TERRACE HOME CHAIN-FREE WITH EXTENSION POTENTIAL, IDEAL FOR FAMILIES & INVESTORS
Located in Chapelfields, this spacious 3-bedroom mid-terrace home offers bright open-plan living, three generous double bedrooms, a private rear garden and off-street driveway parking. With no onward chain and scope to extend it's a fantastic opportunity for families, first-time buyers, or investors seeking flexibility in a sought-after, well-connected area.
Key Features
Spacious 3-bed mid-terrace - chain-free & move-in ready
Open-plan lounge/diner with fitted kitchen and storage
Three double bedrooms and family bathroom
Gas central heating & double glazing
Prime location near City Centre, schools and amenities
Council Tax: B | EPC: D
Description
This well-proportioned home opens with a bright hallway leading into a spacious through lounge/diner. The kitchen to the rear is fully fitted with plenty of storage and space for appliances, with handy understairs storage that can neatly house utilities.
Upstairs, the first floor features three double bedrooms, offering ample space for families or those working from home. The family bathroom includes a full white suite with bath and electric shower, WC, and wash basin.
The private, paved rear garden offers a low-maintenance outdoor space, perfect for relaxing or entertaining. At the bottom, a secure shed provides valuable storage for bikes, tools, or garden furniture, combining practicality with easy upkeep.
Prime Location
Chapelfields is close to the highly regarded Earlsdon High Street, renowned for its independent cafs, restaurants, and shops. Just a short walk away, Alvis Retail Park provides convenient access to supermarkets and major retailers. The property is also near parks and green spaces, perfect for outdoor activities. Excellent transport links include nearby bus routes, easy access to the city centre, and both Canley and Coventry train stations within a short drive.
Why Buy Here?
Ideal for growing families seeking extra space, first-time buyers eager to add their personal touch, or investors looking for solid rental returns, this property combines an excellent location with generous living areas and promising potential. With no onward chain its ready for a new owner to make it their own.
Measurements (in ft)
Living Room: 11'8" x 26'8"
Kitchen: 17'1" x 9'3"
Bathroom: 5'8" x 6'4"
Bedroom 1: 14'7" x 11'4"
Bedroom 2: 9'1" x 12'5"
Bedroom 3: 11'2" x 9'5"
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Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
2 The Quadrant, Coventry, CV1 2EL
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