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Durham Crescent, Allesley, Coventry

West Midlands

£245,000

Listed on 28/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
689 sqft

Description

Nestled in the desirable village of Allesley, this two-bedroom bungalow offers a promising canvas for those looking to invest in a renovation project. The property is situated in a tranquil residential area and features a well-thought-out layout that could cater to both downsizers and astute investors alike. Inside, the space includes an entrance hallway leading to a spacious living room, a practical kitchen, two bedrooms, and a bathroom. While the interiors currently require updating, the solid structure provides ample opportunity for customization and enhancement according to personal preferences. Outdoors, the private rear garden presents possibilities for landscaping improvements, complemented by off-road parking for convenience. Furthermore, its prime location ensures quick access to local amenities, Allesley Village itself, and efficient transport routes into Coventry city centre and beyond. With no onward chain involved, this bungalow represents an exceptional prospect in a sought-after locale with significant investment potential.

Investment Analysis

(CV5 area)

Above Market Value

This property is priced +28.1% above area average per sq ft

+28.1%
This Property
£356/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£210,317
10% above area average per sq ft
Potential ROI
-26.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CV5)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +2.8%
5 year growth: +12.2%
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

Durham Crescent, Allesley, Coventry
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£874
Based on a loan of £183,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

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