Coventry Property Investments
Are you looking to find the perfect property investment opportunity in Coventry? We can help you realise that dream, just sign up using the form below for a quick chat to see what we can do.
Coventry Property Investments
Are you looking to find the perfect property investment opportunity in Coventry? We can help you realise that dream, just sign up using the form below for a quick chat to see what we can do.
Is Coventry a good investment?
Coventry has a rapidly expanding economy and a strong demand for rental property with relatively low-cost property compared to other regions. There are several reasons to invest in the city, from strong rental demand, competitive property prices, and a steadily growing economy.
Coventry is among the UK’s top 10 cities by population, offering a substantial market for property investors. The city’s economy is diverse, with significant contributions from the automotive, aerospace, and education sectors. This economic diversity supports a stable employment landscape, improving the city’s appeal to both residents and investors.
The city boasts excellent transport connectivity, including its closeness to major motorways such as the M6, M40, M45, and A45. Direct rail services to London, Birmingham, and other major cities, along with its proximity to Birmingham Airport, make Coventry an attractive location for commuters, further bolstering its housing market.
Coventry investment opportunities
Being a large city in its own right, and having several options in terms of being a commuter, there are a lot of different types of opportunities for investors. Here is an insight into some of the opportunities we offer in the area:
Residential Buy to Lets
These tend to be normal residential houses, 2 to 3 bedrooms terrace, semi-detached, detached or flats.
They are houses that are suitable for the average renter and are sometimes known as vanilla buy to let properties.
Houses in Multiple Occupations (HMOs)
A House of Multiple Occupancy (HMO) is a rented property occupied by at least three people who are not from one household or five or more people, forming two or more households.
Multi-unit Freehold Blocks (MUFBs)
This type of Buy To Let is a freehold block which offers multiple, separate or independent residential units.
This can be a variety of different types of property such as blocks of flats or houses converted into flats.
Commercial Lets
As the name describes, this is a commercial premises and it is when you let the property out to one or more businesses.
It’s often referred to as Commercial Landlord Mortgage, Business Buy To Let Mortgage or Commercial Investment Mortage.
Multi-lets & Student-lets
This is very similar to HMO’s and even are often referred to as non-licensable HMO’s.
They have many characteristics of a typical HMO but don’t require the licence, but they may still require planning permission from your local authority.
What yields can you expect in Coventry?
As of September 2024, the average house price in Coventry was £230,000, reflecting a 5.8% increase from £217,000 in September 2023. Rental prices have also seen an uptick, with the average monthly private rent reaching £850 in October 2024, a 10.5% rise from £770 in October 2023. These figures suggest a gross rental yield of approximately 4.4%.
The Coventry property market has experienced varying conditions over recent years. In July 2024, the market was characterised as a sellers’ market, with 45% of properties marked as “Sold Subject to Contract” or “Under Offer.” Coventry’s combination of affordable property prices, rising rental rates, and strong economic fundamentals makes it a promising location for property investment in 2024/25.
Coventry house prices
Coventry has seen a year-on-year house price increase of 5.8%, reflecting its strong growth trajectory and appeal as a property hotspot. This is slightly down from the 6.5% growth noted in the previous year but still places Coventry among the UK’s more promising property markets.
According to the Office for National Statistics (ONS), the average house price in Coventry as of September 2024 was £230,000, up from £217,000 in September 2023. This growth in sold prices is a testament to the city’s rising demand, buoyed by its expanding economy, affordable property options compared to nearby cities, and strong rental demand.
Coventry’s house price increases, alongside its competitive property costs, highlight its potential for both long-term capital growth and stable rental yields.
Areas to invest in Coventry
There are lots of opportunities to invest not only in Coventry but also in the surrounding areas, thanks to having such great transport links. We’ve listed below some of the most common areas that appeal to investors in and around the city:
- Allesley
- Binley
- Canley
- Cheylesmore
- Coundon
- Earlsdon
- Finham
- Foleshill
- Hillfields
- Keresley
- Longford
- Radford
- Stoke
- Tile Hill
- Walsgrave-on-Sowe
- Westwood Heath
- Whitley
- Willenhall
- Wyken
Invest in Coventry
Discounted property with high yields
Transparent & honest throughout the process
We’re property experts with years of experience
Investment opportunities tailored to your requirements
We’re here to make you money. The best way to do that when investing in property is to start you off on the right foot with below market value property.
We can supply you with fantastic deals, which is due to us being part of a group of companies that includes a cash property buyer meaning we get new discounted properties every month. In return for a quick sale to investors, not having to go on the open market, we can pass on a significant portion of this discount to ourselves.
But why do we care about you making money? We want to set you up with a property that makes you money because when you inevitably come to increase your property portfolio, we want to be the first company that you come to!
FREQUENTLY ASKED QUESTIONS
Have we missed something?
Below we’ve collated some of the most commonly asked questions about property investment in the West Midlands and answered them, that being said, if you still have questions, feel free to get in contact and we’ll do our best to assist.
BMV stands for Below Market Value. It refers to properties that are offered at a price below their true market value. We use this term to describe opportunities to secure discounted properties in Worcester, allowing you to maximise your investment returns.
We regularly get properties in the city of all shapes and sizes including flats, commercial units and houses.
Simply fill out our contact form, we’ll get in touch with you and find out what your requirements are. Once you’ve done that, we’ll be in touch with you if we find a property that meets your specific criteria.
Most people invest in property to get consistent returns from letting the property out. You will then likely see returns when you come to sell the property years after, as generally speaking most areas increase in value over time.
Others seek investment opportunities to renovate and flip the property for a quick profit.
FREQUENTLY ASKED QUESTIONS
Have we missed something?
Below we’ve collated some of the most commonly asked questions about property investment in the West Midlands and answered them, that being said, if you still have questions, feel free to get in contact and we’ll do our best to assist.
BMV stands for Below Market Value. It refers to properties that are offered at a price below their true market value. We use this term to describe opportunities to secure discounted properties in Worcester, allowing you to maximise your investment returns.
We regularly get properties in the city of all shapes and sizes including flats, commercial units and houses.
Simply fill out our contact form, we’ll get in touch with you and find out what your requirements are. Once you’ve done that, we’ll be in touch with you if we find a property that meets your specific criteria.
Most people invest in property to get consistent returns from letting the property out. You will then likely see returns when you come to sell the property years after, as generally speaking most areas increase in value over time.
Others seek investment opportunities to renovate and flip the property for a quick profit.
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, has been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, has been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.
