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Durham Crescent, CV5

West Midlands

£245,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
689 sqft

Description

Located in the desirable village of Allesley, this two-bedroom bungalow offers an enticing opportunity for those looking to renovate and increase its value. Nestled in a tranquil residential street, the property provides spacious accommodation that is perfect for downsizers, investors, or anyone keen on a refurbishment project. The layout includes an entrance hallway leading to a roomy living area, a functional kitchen, two well-sized bedrooms, and a bathroom. While some updating and modernisation are needed, the property's solid structure presents various possibilities for reconfiguration to match personal preferences. Outdoors, a secluded rear garden awaits landscaping potential along with off-road parking available. Its prime position ensures quick access to local amenities in Allesley Village and efficient transport routes into Coventry city centre and nearby areas. With no onward chain, this bungalow is a rare find in a sought-after location with significant renovation potential.

Investment Analysis

(CV5 area)

Above Market Value

This property is priced +28.0% above area average per sq ft

+28.0%
This Property
£356/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£210,545
10% above area average per sq ft
Potential ROI
-26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (CV5)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +1.9%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on CV5 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

Durham Crescent, CV5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£884
Based on a loan of £183,750 over 30 years at 4.06% 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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