Summary - 15, Lodge Road, COVENTRY CV3 1FU
2 bed 1 bath Semi-Detached
Auction-ready renovation for cash buyers and buy-to-let prospects.
Freehold vacant two-bedroom bungalow ready for modernisation
A vacant freehold two-bedroom bungalow in Wellswood offered at public auction — a straightforward purchase for buyers seeking a renovation project or rental income. The property sits behind a foregarden with a driveway, garage and rear workshop, and benefits from mains gas central heating and double glazing, although much of the interior requires modernisation.
Sold at auction with vacant possession and an eight-week completion period, this lot suits investors or cash-ready buyers who can act quickly. The guide price reflects the need for works; purchasers should review the legal pack and budget for the administration fee and any additional costs listed in the special conditions.
Practical positives include decent plot size, off-street parking, a garage and a workshop — useful for storing tools or creating lettable space. There is no flood risk and the property has fast broadband and excellent mobile signal, supporting modern rental demand.
Material drawbacks are clear: the bungalow needs renovation throughout, has an EPC rating of E, assumed cavity walls without insulation, and possible roof/maintenance issues indicated by the exterior. The area shows higher deprivation levels, so consider tenant demand and yields carefully before bidding.
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