Drapers Fields, Coventry
LO

Drapers Fields, Coventry

By Loveitts

£ 110,000

Reviews

3 out of 5 stars

Loveitts says ..

Loveitts are pleased to bring to market this one bedroom, third floor apartment overlooking the Coventry Canal and situated approximately a 15 minute walk from the City Centre. The property is well presented throughout and is a great purchase for a first time buyer, professional or investor looki...

Property Oracle says ..

The property is a one-bedroom apartment located in Drapers Fields, Coventry, in the Radford area. The apartment is situated on a canal-side development, offering a potentially pleasant environment. The proximity to Coventry city centre is a plus point, suggesting good access to amenities, employment opportunities, and transport links. Several schools with good Ofsted ratings are within a reasonable distance. The presence of nearby transportation options, such as Coventry train station, further enhances the location’s appeal.

Based on the provided photographs, the apartment appears to be in reasonable condition. While the décor is dated and might benefit from some modernisation, there is no visible evidence of significant disrepair or structural damage. The kitchen and bathroom seem functional, though again, updating would likely enhance their appeal.

The property includes a small shared communal green space, which is a positive feature. However, the lack of a private garden might be a drawback for some potential buyers.

The list price of £110,000 is significantly lower than the average house price in the area (£247,302). However, it’s important to note that the average price reflects a broader range of properties, including larger houses, and the provided data does not specify property type. Considering that this is a one-bedroom apartment and that comparable properties in the area have sold for similar prices (between £85,000 and £140,000), the list price appears to be within a reasonable range, potentially representing good value for money, especially for first-time buyers or investors. The lack of square footage data for the subject property and comparable properties makes a precise price per square foot comparison impossible. However, the overall price seems competitive given the location and condition.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
4
Bedrooms
1
Bathrooms
1
Lot (est)
461.90

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 £
Average area rental value
888.00 £/mo
Decreased by 18.38 %
from 1,088.00 £/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

  • Loveitts created the listing.

Nearby Schools

NameTypeOfstedDistance
Barr'S Hill School And Community CollegeAcademy ConverterGood0.58 KM
Eden Girls' School CoventryFree SchoolsOutstanding0.75 KM
Sidney Stringer Primary AcademyFree SchoolsOutstanding0.97 KM
John Gulson Primary SchoolCommunity SchoolGood0.99 KM
Bablake Junior And Pre-Prep SchoolOther Independent School1.00 KM

Images

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Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Coventry1030COV1.70 KM
Coventry Arena7416CAA4.00 KM
Canley1129CNL4.46 KM
Bedworth1165BEH8.54 KM
Tile Hill1035THL9.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Drapers Fields, Coventry £ 110,000BUY6 / 100.00 KM
Drapers Fields, Coventry £ 100,000BUY5 / 100.00 KM
Drapers Fields, Canal Basin, Coventry, CV1 £ 100,000BUY6 / 100.03 KM
Drapers Fields, Coventry £ 110,000BUY5 / 100.05 KM
Drapers Fields, Canal Basin, Coventry, CV1 £ 95,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
208 Drapers Fields £ 92,0000.01 KM
168 Drapers Fields £ 101,0000.01 KM
196 Drapers Fields £ 85,5000.01 KM
202 Drapers Fields £ 97,5000.01 KM
152 Drapers Fields £ 100,0000.01 KM