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Broad Lane, Tile Hill, Coventry

West Midlands

£335,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
928 sqft

Description

This double-fronted, two-bedroom detached bungalow offers a solid foundation for those looking to invest or renovate, situated in a desirable location near Berkswell. With a generous plot size, the property presents a promising opportunity for expansion, whether that be extending to the side or rear to create additional living areas (subject to obtaining planning permission). The bungalow features direct access to a garage and ample parking options, including a double-width driveway and side parking bay suitable for vehicles such as cars or caravans. The absence of an upward chain simplifies the buying process, making it an attractive option for potential homeowners and investors alike. Internally, the layout is both functional and welcoming. An entrance hall leads into a spacious lounge accentuated by a light oak fireplace, providing a cozy focal point. The kitchen overlooks the rear garden and connects seamlessly to a utility room and side lobby, enhancing convenience. The principal bedroom is equipped with built-in wardrobes for effective space utilization, while the second bedroom currently serves as a sitting area but could easily revert back or transform into an additional bedroom based on your needs. The bathroom is half-tiled, offering practical amenities. Surrounded by well-maintained gardens—both in front and at the rear—this bungalow benefits from natural greenery while allowing room for landscaping enhancements if desired. Its location near Coventry not only provides easy access to local amenities but also positions it as an appealing investment in a growing area. Overall, this property invites creativity and vision, making it ideal for anyone looking to add personal touches or capitalize on its renovation potential.

Investment Analysis

(CV5 area)

Above Market Value

This property is priced +31.9% above area average per sq ft

+31.9%
This Property
£361/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£279,291
10% above area average per sq ft
Potential ROI
-23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CV5)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 2.5%
5 year growth: 15.9%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,227
Based on a loan of £251,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE