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Windmill Lane, CV7

West Midlands

£450,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
862 sqft

Description

This three-bedroom bungalow is situated in a serene rural area, offering a unique opportunity for those looking to invest or renovate. The property features a spacious garden that provides ample outdoor space, making it ideal for gardening enthusiasts or anyone seeking a peaceful retreat. Inside, the bungalow includes generously sized rooms that allow for flexible living arrangements. A sizable bathroom adds to the functionality of the home. While the current layout is comfortable, there is significant potential for modernization and extension, subject to local planning regulations. Located within close proximity to essential amenities and transport links, this property balances the tranquility of countryside living with practicality. It presents an attractive prospect for buyers who wish to make improvements or alterations over time, ultimately increasing its value. With driveway parking included, this home is not only a blank canvas but also strategically positioned within a desirable community that offers both charm and convenience. Those seeking a project will find this bungalow offers substantial room for creativity and enhancement. Viewing this property is encouraged to fully appreciate its potential and tranquil setting.

Investment Analysis

(CV7 area)

Above Market Value

This property is priced +69.6% above area average per sq ft

+69.6%
This Property
£522/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£291,903
10% above area average per sq ft
Potential ROI
-41.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CV7)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 1.5%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on CV7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Windmill Lane, CV7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE