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Coventry Road, Fillongley

West Midlands

£495,000

Listed on 16/06/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
1723 sqft

Description

Situated in the desirable village of Fillongley, this charming two-bedroom bungalow presents a prime opportunity for renovation and investment. The property has already undergone significant updates, featuring spacious living areas complemented by modern amenities. It boasts a well-proportioned lounge with attractive parquet flooring, an inviting breakfast kitchen equipped with quality fixtures, a utility room, and two versatile bedrooms, one with access to a private courtyard. A notable highlight is the expansive loft space accessed via a staircase; this area holds excellent potential for conversion into additional living space or an annex (subject to planning permission). The bungalow also includes a detached double garage and ample off-road parking on the tarmac driveway. Ideal for those looking to create their dream home or generate rental income, this property is available with no upward chain.

Investment Analysis

(CV7 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£287/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£592,471
10% above area average per sq ft
Potential ROI
+10.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CV7)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -1.7%
5 year growth: -6.4%
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

Coventry Road, Fillongley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,870
Based on a loan of £371,250 over 30 years at 4.45% 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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