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Parrotts Grove, Coventry, CV2 1NQ

West Midlands

£325,000

Listed on 14/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
786 sqft

Description

This detached bungalow is situated on a spacious plot in a tranquil semi-rural setting, presenting an excellent opportunity for investors and homeowners eager to enhance their living space. The generous land allows for potential extensions or alterations, subject to obtaining the necessary planning permissions. Inside, the property features a functional layout with easy access from the central hallway. The modern kitchen boasts ample natural light courtesy of a large window overlooking the expansive garden, while the reception room is ideal for both relaxation and social gatherings, with patio doors leading to outdoor space. With two flexible bedrooms and a conveniently located modern bathroom, this home is ready for personal touches. Outdoors, the sizable garden offers plenty of room for leisure activities and gardening pursuits. Additionally, a detached garage and driveway provide ample parking solutions. This location ensures peace while being conveniently close to Bulkington, Coventry, and Bedworth's amenities, along with easy access to the M6 for commuting purposes. This property is well-suited for those looking to create their dream home in a sought-after area.

Investment analysis

(CV2 area)

Above Market Value

This property is priced +68.9% above area average per sq ft

+68.9%
This Property
£413/sq ft
Area Average
£245/sq ft
Avg Rent (weekly)
£239
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£211,697
10% above area average per sq ft
Potential ROI
-42.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +6.2%
5 year growth: +22.6%
Investment Disclaimer: Analysis based on CV2 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

Parrotts Grove, Coventry, CV2 1NQ
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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
£1,228
Based on a loan of £243,750 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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