– Coventry has a population of 345,385.
– That’s an estimated 143,090 households
– According to gov.uk there was an estimated 3.13 repossessions for every 100,000 households In each quarter.
– This equates to a total of 18 repossessions in 2017.
– Repossessed houses in Coventry are a great opportunity for property investment.
Coventry may not be on the for-front of someones mind when they are thinking of below market value properties and widening their property portfolio. However, there are a wide number of reasons that in years to come it will be vastly more appealing and, dubbed by some, one of the best places to live in the UK. Here’s a brief description provided by the Coventry Telegraph of the key factors that will improve the city in the near future – 1) Friargate Development: 51 million will be pumped into the 26 acre piece of land, which will provide a new business district for the area including 15,000 new jobs once completed 2) Railway developments: This will include a second station being built, a multistorey car park being developed as well as general improvements to the facilities. This plan has been put in to place as Coventry is now the fastest growing train station in the UK outside of London (In terms of passengers) 3) Leisure: There is a ‘Gold Standard’ Olympic size swimming pool due to be installed, as well as a 36.7 million pound water park to replace the current leisure centre. 4) Improvements to city centre: 200 million pound project has been put in place to enhance the city centre with shops, restaurants and cinema.