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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
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 6
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 7
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 8
1 Wood Lane, Shilton, Coventry, West Midlands CV7 9JZ - Image 9
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

£395,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow offers a distinctive investment opportunity, set on approximately 0.42 acres within a desirable village location near Bulkington and Nuneaton. The property features three bedrooms, a lounge/dining area, and a kitchen, all of which present potential for modernization and personalization. Notably, outline planning permission has been granted for the construction of two additional dwellings in the side garden, alongside approval for a single-storey side and rear extension to enhance the current layout. This is an excellent chance for developers or homeowners seeking to expand their living space or create new residential units. Access to major motorways (M69/M6) further adds to its appeal, making it suitable for commuting. Mains services including gas, electricity, water, and sewage are connected; however, verification of their operational status is recommended prior to renovation efforts.

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 - £50,000
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

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,425
Based on a loan of £296,250 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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