Summary - 97 ST MARGARET ROAD COVENTRY CV1 2BT
3 bed 1 bath Terraced
Affordable project property with rental potential near city amenities.
Freehold mid-terrace Victorian: 3 beds, 1 bath, ~937 sq ft
Sold at auction via 56-day reservation; 4.5% non-refundable fee applies
EPC E; solid brick walls assumed with no insulation — energy upgrades needed
Some renovation required; small rooms and period layouts throughout
Small rear garden and pedestrian access; low maintenance outdoor space
Located in student‑oriented, deprived area with above-average crime rates
Fast broadband and excellent mobile signal; good for rentals or remote work
Council tax band A — very low ongoing local tax cost
This mid-terrace Victorian property in CV1 offers clear investment and DIY potential. With three bedrooms, two reception rooms and a small rear garden, it’s a compact, practical home in a cosmopolitan, student-oriented area. The house is freehold and sits at about 937 sq ft, making it suitable for buy-to-let or an owner-occupier prepared to modernise.
The property will be sold at auction via a modern method: a 56-day reservation period applies and the buyer must pay a non-refundable Reservation Fee of 4.5% (minimum £6,600 inc VAT). A Buyer Information Pack must be viewed before bidding and the purchaser is responsible for its fee. Interested buyers should check finance arrangements with lenders before bidding.
The house has double glazing (unknown install date) and mains gas central heating with boiler and radiators, but an EPC rating of E and assumed solid brick walls with no insulation indicate energy upgrades are needed. Rooms are generally small with period proportions and some renovation required; the property would benefit from insulation, modern electrics where necessary and cosmetic works.
Local amenities, fast broadband and excellent mobile signal are strong practical advantages. Council tax band A keeps running costs low. Note the area has above-average crime rates and a deprived classification, and the property may suit investors, landlords or buyers comfortable with refurbishment and rental demand from students and nearby workers.
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