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Broad Lane, Tile Hill, Coventry

West Midlands

£335,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
928 sqft

Description

This double fronted detached bungalow offers a spacious layout and is positioned on a wide plot, making it an ideal candidate for renovation and potential extension, subject to necessary planning permissions. Located near Berkswell, the property boasts easy access to a garage and additional parking spaces suitable for vehicles or even a caravan. The bungalow features gas central heating and double glazing, providing a solid base that can be enhanced with modern finishes. Inside, you are welcomed by an entrance hall that includes a pull-down ladder leading to the loft space, providing extra storage or possible conversion. The sizable lounge, equipped with a light oak fireplace, is well-lit and inviting. The kitchen comes with a hob and oven while overlooking the rear garden, complemented by a separate utility room and side lobby for convenience. The principal bedroom includes built-in wardrobes, while the second bedroom currently functions as a sitting room – both present ample opportunities for reconfiguration to suit your needs. The half-tiled bathroom also allows for updates that can significantly enhance its appeal. With no upward chain in place, this property represents an attractive investment opportunity for those keen on creating their dream home on the outskirts of Coventry.

Investment Analysis

(CV5 area)

Above Market Value

This property is priced +29.9% above area average per sq ft

+29.9%
This Property
£361/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£283,578
10% above area average per sq ft
Potential ROI
-24.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Broad Lane, Tile Hill, Coventry
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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
£1,208
Based on a loan of £251,250 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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