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Gorton Croft, Balsall Common, Coventry, West Midlands, CV7 - Image 1
Gorton Croft, Balsall Common, Coventry, West Midlands, CV7 - Image 2
Gorton Croft, Balsall Common, Coventry, West Midlands, CV7 - Image 3

Gorton Croft, Balsall Common, Coventry, West Midlands, CV7

West Midlands

£630,000

Listed on 10/09/2026

The listing

Property details

Bedrooms
2
Type
Bungalow

Description

This former day centre in Balsall Common presents a rare development opportunity, complete with planning permission for a scheme of attractive bungalows. The site is strategically located within one of the West Midlands' most desirable residential areas, making it an appealing prospect for developers and investors. With plans already approved for the redevelopment into a collection of 2 and 3 bedroom bungalows, the project promises to meet the strong local demand for quality single-storey homes, particularly suited for downsizers and retirees. The community atmosphere in Balsall Common is vibrant, supported by an excellent range of local amenities and highly regarded schools. Additionally, the area boasts superb transport links to Coventry, Birmingham, and the wider motorway network, enhancing its attractiveness to potential buyers. This opportunity not only reduces lead-in times with planning consent already in place but also offers a clear route to delivery, making it a compelling option for both regional and national developers looking to capitalize on anticipated strong end values for the completed units.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

30out of 100
Grade ELow opportunity

Confidence: LOW

This former day centre in Balsall Common presents a unique development opportunity with planning permission already granted for a scheme of attractive bungalows. While the asking price of £630,000 seems high compared to the local average sale price of £407,948, the potential for redevelopment into desirable single-storey homes in a sought-after location adds considerable value. This property can appeal to developers looking for a clear path to market, given the strong demand for quality bungalow accommodation in the area.

The approved plans promise well-designed homes that cater to downsizers and retirees, which could yield significant returns upon completion. The location itself is a key selling point, with excellent local amenities and transport links, making this an attractive proposition for investment despite the high asking price. The light project scale allows for a manageable renovation journey, making this a worthwhile consideration for those seeking to tap into the local property market.

Key opportunities

  • Planning permission for redevelopment into attractive 2 and 3 bedroom bungalows
  • Strong local demand for quality bungalow accommodation
  • Desirable location with excellent amenities and transport links

Key risks

  • Asking price appears high compared to local average sale prices

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Map

Location

Gorton Croft, Balsall Common, Coventry, West Midlands, CV7
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,380
Based on a loan of £472,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

Services

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