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1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 1
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 2
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 3
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 4
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 5
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1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 7
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 8
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1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 10
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1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ

West Midlands

£320,000
Listed on 22/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This 3-bedroom detached bungalow presents a remarkable investment opportunity, situated on approximately 0.42 acres in a desirable village close to Bulkington and Nuneaton, with convenient access to the M69/M6 motorway junction. The property comes with approved planning permissions for a single-storey side and rear extension as well as outline permission for the development of two additional dwellings within the side garden. The existing accommodation features a lounge/dining area, kitchen, three bedrooms, and essential amenities like mains gas, electricity, water, and sewage. While there may be some cosmetic upgrades needed throughout the bungalow, the potential for expansion makes this a compelling option for those looking to enhance its value while capitalizing on the developing area.

Investment Analysis

(CV7 area)
Area Average
£311/sq ft
Avg Rent (weekly)
£279
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (CV7)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -3.5%
5 year growth: -3.3%
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

1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ
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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
£1,154
Based on a loan of £240,000 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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