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Cromwell Lane, Coventry, CV4

West Midlands

£595,000
Listed on 25/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1332 sqft

Description

This spacious three-bedroom detached bungalow offers a compelling opportunity for those looking to invest in a property ripe for modernisation. Conveniently located near Warwick University and Tile Hill train station, the outlines of this home promise significant potential for enhancement. With an impressive dual aspect living room stretching approximately seven metres, there is abundant space for both socialising and relaxation. The breakfast kitchen awaits an update, presenting the chance to create a contemporary culinary space tailored to modern living needs. All three bedrooms are generously sized, providing versatile options as guest rooms or home offices to adapt to your lifestyle. The bathroom is another area with potential for customisation to suit personal tastes. The property features a large in-and-out driveway that comfortably accommodates multiple vehicles, enhancing accessibility. Importantly, there's considerable potential for a loft conversion, which could add further living space or additional bedrooms (subject to necessary permissions). Additionally, there may be options available for extending the property to the rear (STPP), giving you the freedom to transform the layout according to your preferences. Situated in a desirable residential neighbourhood with convenient access to local amenities and transport connections makes this bungalow an attractive choice for families and professionals alike. With its generous footprint and exciting renovation possibilities, this property represents a valuable opportunity for creating a bespoke family home in a sought-after area.

Investment Analysis

(CV4 area)

Above Market Value

This property is priced +56.5% above area average per sq ft

+56.5%
This Property
£447/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£418,168
10% above area average per sq ft
Potential ROI
-34.7%
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
36%
Properties sold annually

Local Market Trend (CV4)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +0.2%
5 year growth: +12.4%
Investment Disclaimer: Analysis based on CV4 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

Cromwell Lane, Coventry, CV4
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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
£2,146
Based on a loan of £446,250 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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