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Birmingham Road, Allesley, Coventry, West Midlands CV5

West Midlands

£175,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

Situated in a desirable area of the West Midlands, this three-bedroom link-detached bungalow presents an excellent opportunity for renovation and investment. While the property is currently in need of modernisation, it offers a blank canvas for prospective buyers to create their ideal living space. The spacious rooms include a sitting room and a kitchen with front-facing windows, ensuring plenty of natural light. Each of the three bedrooms enjoys rear views, adding to the appeal. The layout also features a bathroom and a workshop/hobbies room that was formerly a garage, which could be transformed into additional living space or home office. With no upward chain, this property is ready for immediate possession, making it an attractive option for those looking to invest in their next project.

Investment Analysis

(CV5 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

Birmingham Road, Allesley, Coventry, West Midlands CV5
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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
£624
Based on a loan of £131,250 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

Price History

-30.0% since listed
£175,000£25,000(-12.5%)
26/04/2026
Current price
£200,000£50,000(-20.0%)
21/03/2025
£250,000Initial listing
06/02/2025

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