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The Barley Lea, Coventry, West Midlands CV3

West Midlands

£85,000
Listed on 26/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
686 sqft

Description

This two-bedroom apartment presents a spacious canvas for potential homeowners and investors alike, featuring a private balcony and generous room proportions. Located within a purpose-built development, the property offers great natural light throughout, enhancing its appeal. The large living area is particularly striking, allowing ample space for both dining and relaxation, with large windows that provide a connection to the outdoors. A separate kitchen offers functionality with existing storage but is ripe for modernization to suit contemporary lifestyles. Both bedrooms are well-sized doubles with built-in storage that optimizes floor space. The family bathroom, equipped with essential fittings, also provides an opportunity for cosmetic updates. The overall flow of the apartment is practical and does not necessitate any structural modifications, presenting an ideal opportunity for enhancement. Externally, the property benefits from well-kept communal grounds offering green spaces along with additional storage options and nearby parking arrangements. Set back from the road, it enjoys a tranquil residential atmosphere. Conveniently located near numerous local amenities including shops and supermarkets, this property is also within reach of reputable schools and extensive green areas such as Coombe Abbey Park and War Memorial Park. With excellent transport links including bus routes and easy access to major roads like the A444 and A46 leading into Coventry city centre, this apartment is strategically positioned for comfortable living or investment purposes.

Investment Analysis

(CV3 area)

Below Market Value

This property is priced -56.2% below area average per sq ft

-56.2%
Potential saving
This Property
£124/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£213,514
10% above area average per sq ft
Potential ROI
+94.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CV3)

Area prices are falling by -6.3% over the last 12 months
3 year growth: +1.0%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on CV3 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

The Barley Lea, Coventry, West Midlands CV3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 over 30 years at 3.91% 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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