2-bedroom bungalow · CV5 7FH
For saleListed 372 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* DOUBLE FRONTED 2 BEDROOM DETACHED BUNGALOW * WIDE PLOT WITH POTENTIAL TO EXTEND SUBJECT TO PLANNING PERMISSION * DIRECT ACCESS TO GARAGE WITH ADDITIONAL CAR PARKING * NO UPWARD CHAIN Nestled along Broad Lane, towards Berkswell, this double fronted detached bungalow presents excellent scope for extending to both the side and rear elevations subject to planning permission to create additional living space tailored to your needs.
The bungalow enjoys a wide plot providing good sized gardens with direct access affording a double width white pebble stone drive to the garage with gates to side parking bay for car/ caravan/ van.
The bungalow has gas central heating and double glazed windows with the layout both practical and inviting, allowing easy movement throughout the home.
The bungalow welcomes the Entrance Hall with pull down ladder to the loft space, spacious lounge with light oak fireplace, kitchen with hob & oven overlooking the rear garden through to utility and side lobby.
The principal bedroom has built in wardrobes and second bedroom at the front currently a sitting room, and bathroom half tiled.
Whether you envision a larger family area, an extra bedroom, or a home office, the possibilities are abundant with this bungalow to be sold with no upward chain.
With its convenient location and ample car parking, it is a must-see for anyone looking to invest in a home on the edge of Coventry.
Entrance Hall - Spacious Lounge With Living Flame Gas Fire - 5.10m x 3.58 (16'8" x 11'8") - Kitchen With Hob & Oven - 4.33 x 2.36 (14'2" x 7'8") - Utility Room - Store/ Lobby - Bedroom One With Built In Wardrobes - 4.35 x 3.28 (14'3" x 10'9") - Bedroom Two - 3.40 x 2.70 (11'1" x 8'10") - Half Tiled Bathroom - Direct Access Double Width Driveway To Garage - 5.80 x 2.80 (19'0" x 9'2") - Additional Car/ Caravan Parking - Wide Frontage Garden - Wide Enclosed Rear Garden - No Upward Chain -
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Broad Lane, Tile Hill, Coventry
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