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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 property presents a compelling investment opportunity with significant potential for development. The three-bedroom detached bungalow is set on an expansive 0.42-acre plot and comes with outline permission for two additional dwellings alongside the existing structure. Additionally, planning permission has been granted for a single-storey side and rear extension, along with the addition of dormer windows and internal alterations, allowing for customization and expansion options. Located in a desirable village close to Bulkington and Nuneaton, as well as convenient access to the M69/M6 motorway, this property could be transformed into a lucrative development site or a spacious family home. The accommodation includes a lounge/dining area measuring 22 ft 3 in x 12 ft 6 in, three bedrooms of varying sizes, and essential amenities such as mains gas heating. This property is ideal for both investors seeking to capitalize on its development potential and homeowners looking to create their dream living space.

Investment Analysis

(CV7 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£270
Avg Yield
3.6%

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
28
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (CV7)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -3.5%
5 year growth: 3.6%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,447
Based on a loan of £296,250 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.

Next Steps

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