Drapers Field, Canal Basin
EL

Drapers Field, Canal Basin

By Elite

£ 140,000

Reviews

2 out of 5 stars

Elite says ..

Located within a convenient and sough after area and currently let at a rental of £800.00 per calendar month and this ground floor apartment is an ideal investment purchase. Within walking distance of Coventry City Centre and offering canal side views, the property briefly comprises of:-...

Property Oracle says ..

This two-bedroom apartment in Drapers Field, Coventry, is a reasonably priced option for first-time buyers or investors. Situated in Radford, it benefits from a convenient location close to Coventry city centre, canal-side views, and excellent transport links. Nearby amenities, including well-regarded schools, further enhance its appeal.

The apartment itself appears clean and well-maintained based on the available photos, although some cosmetic upgrades might be considered. The lack of outdoor space, typical for apartments in this type of development, is a notable factor. The kitchen and bathroom seem functional but could benefit from modernization.

The price point of £140,000 aligns with similar properties in the area, making it a competitive choice in the market. While the price per square foot might not represent the best value compared to larger properties or those with gardens, it reflects the usual cost in this highly desirable city-centre location. Potential buyers or investors should weigh the benefits of the location and convenience against the property’s relatively small size and lack of outdoor space to determine its suitability.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
513.44

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
302,763.00 £
Increased by 41.98 %
from 213,239.00 £
Est sale value
174,569.60 £
Increased by 53.85 %
from 113,470.24 £
Average area rental value
888.00 £/mo
Decreased by 18.38 %
from 1,088.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 513.44 £/mo
Est rental Yield
3.52 %
Decreased by 42.48 %
from 6.12 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Elite created the listing.

Nearby Schools

NameTypeOfstedDistance
Barr'S Hill School And Community CollegeAcademy ConverterGood0.58 KM
Eden Girls' School CoventryFree SchoolsOutstanding0.74 KM
Sidney Stringer Primary AcademyFree SchoolsOutstanding0.95 KM
Bablake Junior And Pre-Prep SchoolOther Independent School0.99 KM
Coventry UniversityHigher Education InstitutionsGood1.00 KM

Images

Drapers Field, Canal Basin - Kitchen Drapers Field, Canal Basin - Bedroom Drapers Field, Canal Basin - Outside Drapers Field, Canal Basin - Lounge Drapers Field, Canal Basin -  Bedroom Drapers Field, Canal Basin - Bathroom Drapers Field, Canal Basin - Hallway

Nearby Streets

NameAverage PriceAverage SqftDistance
Harnall Lane East £ 000.00 KM
Cook Street £ 000.00 KM
Green Park £ 000.00 KM
Gas Street £ 000.00 KM
Church Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Coventry1030COV1.65 KM
Coventry Arena7416CAA4.04 KM
Canley1129CNL4.45 KM
Bedworth1165BEH8.58 KM
Tile Hill1035THL9.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Drapers Field, Canal Basin £ 130,000BUY5 / 100.00 KM
Drapers Field, Canal Basin, Coventry, CV1 £ 125,000BUY5 / 100.00 KM
Drapers Fields, Coventry £ 110,000BUY5 / 100.00 KM
Gloucester House, Drapers Fields, Canal Basin, Coventry £ 110,000BUY7 / 100.04 KM
Drapers Field, Canal Basin, Coventry, West Midlands, CV1 £ 125,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
106 Drapers Fields £ 99,0000.05 KM
90 Drapers Fields £ 125,0000.05 KM
132 Drapers Fields £ 118,0000.05 KM
108 Drapers Fields £ 123,5000.05 KM
112 Drapers Fields £ 110,0000.05 KM