Repossessed Houses for Sale in Coventry

By April 19, 2012House Repossession

 Current List of Repossessed Houses for Sale in Coventry
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Coventry Map
Repossessed Houses for Sale in Coventry: Why on earth would anybody want to buy a repossessed house in Coventry? Well, here are just a few reasons: it offers a fascinating mix of culture and history, with museums aplenty, a world famous cathedral, and a fine mediaeval guildhall. Okay, so you’re not into history and prefer more light-hearted matters – Coventry is well served with retail parks, lively bars, and eclectic cuisine. There are parklands to explore and the canal network where you can take it easy. And, for the investor, Coventry is one of the best places to find BMV property in the UK.

Coventry, situated 95 miles northwest of central London and 19 miles east-south-east of Birmingham, is in Britain’s West Midlands; it is the 6th largest city in England and is also further from the coast than any other British city.

A long-time centre for car and motorcycle manufacture, that industry has recently declined; nevertheless London’s Black Taxi Cabs of London are produced in their entirety in Coventry. Some former residents, such a Peugeot and Jaguar, do retain an almost token presence in the city. As with other former manufacturing bases, Coventry has moved towards the service industries, finance, research, and research and development. Access to the country’s road network is via the M6, M69, M45 and M40 motorways

Districts of Coventry

Despite being one of our largest cities, Coventry does not have a ‘greater’ area like, say, Greater London or Greater Birmingham. The main reason for this is that those areas that would be classified as suburbs in other cities have been included within the city boundaries. Unlike other major UK cities, Coventry does not have an extensive ‘greater’ urban area. The other reason is that there are few satellite towns or dormitory settlements.

Coventry Statistics

  • Located – West Midlands
  • Miles from London – 95miles north west)
  • Density: Coventry – 3,108 people per km2 (2010)
  • Density: London – 4,761 people per km 2
  • Population: Coventry – 315,700 (2010)
  • Population: Greater London – 7,753,600 (2009)

Coventry Property Values In Coventry Q1 2012

Currently there are around 1,268 properties for sale in Coventry with an average price of £181,727 This figure represents a fall of £1,670 (-1.14%) over the past year and a fall of £14,525 (-9.13%) over the past five years. There are currently 1,021properties for rent in the Coventry area, with an average monthly rental of £773.

BMV Properties in Coventry

How to buy belov market value properties in Coventry

Mulliner Street, Coventry CV6

Repossessed Houses for Sale in Coventry
This three bedroom mid-terraced property is in need of renovation. It comprises:

  • two reception rooms
  • kitchen
  • two first floor bedrooms
  • bathroom
  • Third bedroom on 2nd floor
  • Rear garden

For auction on 12th march 2012 at 6pm, Jaguar Suite Ricoh Arena, Coventry

Guide Price: £35, 000 – £45, 000

Similar properties in this area of Coventry are currently marketed for an average of £103,000, representing a square foot price of £127

Webster Street, Foleshill, West Midlands

Repossessed Houses for Sale in Coventry
Terraced property with no chain and in need of modernisation. There are:

  • Two reception rooms
  • Two bedrooms
  • Ground floor bathroom

£50,000

Similar properties in this area of Coventry are currently marketed for an average of £103,000, representing a square foot price of £127

The Boxhill, Coventry, West Midlands

Repossessed Houses for Sale in Cornwall
Three bed terrace home with no upward chain

  • Three Bedrooms
  • Lounge & kitchen
  • Front & Rear Gardens
  • No upward Chain

Offers in excess of £59,000

Similar properties in this area of Coventry are currently marketed for an average of £118,593 representing a square foot price of £132

Buy BMV Property Coventry

Coventry Repossessed House and Below Market Value (BMV) Auction Agents

Bairstow Eves Countrywide
153 – 157 New Union Street, Coventry, CV1 2PL
Telephone: 024 7699 2818

Pure Properties
914 Broad Lane, Coventry, CV5 7FG
Telephone: 024 7662 0386

Jackson Rose
26-28 New Union Street, Coventry, CV1 2HN
Telephone: 024 7662 0388

With its lively social scene, its living history, and its open spaces – perhaps you should be giving serious thought to buying a BMV property in Coventry?

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