Coventry is a beautiful city located in the West Midlands county of England. The city has a population of over 300,000 people and it’s situated around 100 miles northwest of London. Coventry is a famous location and is a lovely area to relocate to. It has grown as one of the UK’s buy-to-let hotspots due to the growing market for student accommodation. The city offers good value for money property wise and Coventry boasts a large selection of schools rated ‘Outstanding’ by Ofsted.
Coventry area also has excellent transport links being just over an hour from Birmingham by train and with Coventry Airport offering regular flights to various European destinations.
With all these factors considered, it’s no wonder that the Coventry area was recently named as one of the top 10 cities in the UK to live and work in.
If you’re thinking of letting a Coventry property or Coventry houses in some Coventry area, here are some of the best areas to consider:
Earlsdon is a popular suburb located in south Coventry burg centre. The area is well-connected by public transport with buses running regularly into the centre of the city and Coventry station merely a 10-minute walk away. Earlsdon is also home to Coventry University which makes it a desirable location for students who are letting Coventry houses or Coventry property.
Tile Hill is a suburb of Coventry located southwest of either the city centre. Tile Hill train station provides regular services into Coventry and Birmingham, and the region is well connected by public transportation. Tile Hill is also home to Coventry University, making it a popular student destination.
Foleshill is located to the north of Coventry city and it is well connected by public transport with regular bus services into the burg to the Coventry train station simply a 10-minute walk away. Foleshill is a popular choice for renters due to its affordable costs and a variety of options and property types available.
Wyken is located in the southeast Coventry central city and it is well connected by public transport with regular bus services into the city with Coventry train station simply a 15-minute walk away. Wyken is a popular choice for renters due to its affordable costs and selection of different kinds of property available.
Radford is located northwest of Coventry city and its well public bus services into the centre of the city are available via public transportation to the station of Coventry merely a 10-minute walk away. Radford is a popular choice for renters due to its reasonable costs and a variety of options and kinds of property available.
Chapelfields is located in northeast Coventry city centre and it is well connected by public transport offering frequent bus service at the central city with the Coventry station in just a 10-minute walk away. Chapelfields is a popular choice for renters due to its reasonable costs and a variety of options and types of property available.
With its reasonable costs and selection of different Coventry property types available, there is some ideal Coventry area for those looking to let a Coventry property. If you’re thinking of letting a Coventry Property or Coventry houses, these are just some of the Coventry areas that are popular for those planning to let a Coventry property.
It’s supposed to be a dreadful thing to be sent to Coventry. In actuality, any savvy property investor should be delighted to be dispatched to Coventry. That’s because Coventry is a rapidly growing city with ambitious reconstruction and growth aspirations. Despite this, the prices of Coventry houses or Coventry property remain significantly below the national average in every Coventry area.
Property Values in Coventry
The Coventry property prices are significantly lower than the national average. The price of Coventry houses is present £190,222, compared to £251,222 nationally, according to HM Land Registry data. For property investors, it’s also worth noting that Coventry appears to have affordable housing compared to Warwickshire, where the average property is £254,877.
Rental Demand in Coventry
Coventry, in fact, is one of the most affordable cities to rent 3-bedroom Coventry houses. Some Coventry areas, Coventry’s central location and good transport links make it an ideal place to live for commuters.
Coventry has been ranked as the 5th best city in the UK for quality of life and is one of the top 10 cities for job seekers. Coventry is also a great place to raise a family with excellent schools including Coventry University which is ranked in the top 30 iconic buildings in the city.
If you’re looking for an affordable place to live with good transport links and a variety of schools, Coventry’s the ideal location for you. With its central location and selection of different types of property available, there is an ideal Coventry area for those looking to let a Coventry property or some Coventry houses.
How safe is Coventry?
Between April 2016 and March 2017, there had been 27,687 crimes committed in Coventry in some Coventry areas. Antisocial behaviour was the most common of these offences, with 6,534 cases documented, or nearly 24%. The second most prevalent crime was a violent crime, which was reported 5,467 times, or nearly 20% of all instances.
With 3,044 cases documented, criminal damage and arson is Coventry’s third most common crime (11 percent). Vehicle crime is the fourth most common crime, with 2,933 instances reported in this time period (10.5 percent ). Burglary is the most common crime, accounting for 2,722 events (10%), followed by other theft (1,971 incidents (7%) and shoplifting (1,880 incidents) (6.5 percent ).
Check out these letting hotspots in Coventry!
Coventry is a rapidly growing city with ambitious reconstruction and growth aspirations. Despite this, the prices of Coventry houses or Coventry property remain significantly below the national average in every Coventry area.
For buy-to-let investors, this presents an opportunity to enter the market early and take advantage of capital appreciation as the city grows. Rental demand is also strong, with average monthly rents for Coventry property outperforming the national average.
Coventry area is an affordable place to live with good transport links and a variety of schools, making it an ideal location for families. It is also ranked as one of the safest cities in the UK, which is another key consideration for those looking to let a Coventry property!