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Pilkington Road, Canley Gardens, Coventry, CV5

West Midlands

£450,000
Listed on 01/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1061 sqft

Description

Set on a generously sized plot in the sought-after Canley Gardens area, this detached bungalow offers an ideal canvas for those looking to renovate and personalize their living space. With no onward chain, this property is poised for transformation, presenting opportunities for modernisation and potential extensions (pending necessary planning permissions). The home features a spacious entrance hallway that leads into a large lounge with a charming fireplace and a kitchen/breakfast room that showcases pleasant views of the expansive rear garden. It includes three comfortably sized bedrooms along with a well-proportioned family bathroom, ensuring ample living space throughout. Outside, the property boasts a garage and driveway alongside extensive front, rear, and side gardens predominantly laid to lawn. The substantial plot not only allows for significant enhancements but also offers potential for redevelopment given the right consents. Its prime location ensures convenience with Canley Train Station within walking distance and local shops, amenities, schools, and major road links just a short drive away. This property seamlessly blends renovation potential with everyday accessibility.

Investment Analysis

(CV5 area)

Above Market Value

This property is priced +53.3% above area average per sq ft

+53.3%
This Property
£424/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£322,995
10% above area average per sq ft
Potential ROI
-35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (CV5)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +1.2%
5 year growth: +12.6%
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

Pilkington Road, Canley Gardens, Coventry, 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
£1,623
Based on a loan of £337,500 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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