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Broad Lane, Tile Hill, Coventry CV5 - Image 1
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Broad Lane, Tile Hill, Coventry CV5

West Midlands

£335,000
Listed on 09/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
928 sqft

Description

This double fronted, detached bungalow features two bedrooms and sits on a generously wide plot, offering significant potential for extension, pending planning approval. With the possibility to expand both sideways and towards the rear, this property is ideal for those looking to create a tailored living space that meets modern needs. The bungalow currently provides practical living areas including a spacious lounge with a light oak fireplace, a kitchen equipped with hob and oven that overlooks the rear garden, as well as a utility room and side lobby for added convenience. The principal bedroom is fitted with built-in wardrobes, while the second bedroom is currently utilized as a sitting room; this versatility allows for various uses according to your personal preferences. Additionally, the property boasts direct access to a garage and ample parking options for multiple vehicles, caravans or vans along the double-width pebble stone drive. Featuring gas central heating and double glazed windows throughout, it is ready for immediate occupancy without any upward chain involved. This location on the edge of Coventry not only provides ease of transport but also presents a sound investment opportunity in an area with growing appeal.

Investment Analysis

(CV5 area)

Above Market Value

This property is priced +31.9% above area average per sq ft

+31.9%
This Property
£361/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£279,291
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CV5)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 2.5%
5 year growth: 15.9%
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

Broad Lane, Tile Hill, Coventry CV5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,227
Based on a loan of £251,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE