The Barley Lea, Coventry
Matthew James Property Services logo

The Barley Lea, Coventry

By Matthew James Property Services

£ 105,000

Reviews

2 out of 5 stars

Matthew James Property Services says ..

TWO DOUBLE BEDROOMS... FULLY LET... CAN BE BOUGHT TENANTED OR VACANT... ACHIEVING £550PCM... PERFECT INVESTMENT PROPERTY... FIRST FLOOR... ADD THIS TO YOUR PORTFOLIO?! Already achieving £550 per calendar month, this larger than average property needs to be viewed to appreciate what is being offe...

Property Oracle says ..

This two-bedroom flat located on The Barley Lea in Coventry is presented as a potential investment opportunity. The listing highlights the property’s current rental income of £550 per calendar month. The flat appears to have an open-plan kitchen/living area, two double bedrooms, and a bathroom. Images show that the property is in reasonable, though not top condition, showing wear and tear consistent with age. The kitchen and bathroom are dated. The flat benefits from being close to local schools, including Aldermoor Farm Primary School. The surrounding area also has relatively good transportation links to Coventry city centre, though this is not close. The amount of outdoor space appears limited and is shared communal space. The pricing seems to align with other properties on the same street, although a lack of precise square footage data makes a precise valuation challenging. Overall, this property presents a viable option for buy-to-let investors, but potential buyers should factor in the need for some modernisation and the limited private outdoor space.

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
5
Location
6
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
759.93

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
316,609.00 £
Increased by 37.09 %
from 230,954.00 £
Est sale value
288,773.40 £
Increased by 61.02 %
from 179,343.48 £
Average area rental value
971.00 £/mo
Increased by 1.89 %
from 953.00 £/mo
Est letting value
759.93 £/mo
from 0.00 £/mo
Est rental Yield
3.68 %
Decreased by 25.66 %
from 4.95 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Matthew James Property Services created the listing.

Nearby Schools

NameTypeOfstedDistance
Aldermoor Farm Primary SchoolCommunity SchoolRequires improvement0.15 KM
Barley Lea Children'S CentreChildren's Centre0.30 KM
St Anne'S Catholic Primary SchoolVoluntary Aided SchoolGood1.04 KM
Pattison CollegeOther Independent School1.06 KM
Sacred Heart Catholic Primary SchoolAcademy Converter1.48 KM

Images

Communal Areas Lounge Dining Room Lounge Dining Room Lounge Dining Room Kitchen Bedroom One Family Bathroom Communal Areas Entrance Hallway Bedroom Two Communal Areas Garden Area

Nearby Streets

NameAverage PriceAverage SqftDistance
Barley Place £ 000.00 KM
Quinn Close £ 000.00 KM
Binley Cycleway £ 000.00 KM
Copsewood Terrace £ 420,00000.00 KM
The Pavilion £ 310,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Coventry1030COV4.33 KM
Coventry Arena7416CAA6.02 KM
Canley1129CNL8.08 KM
Bedworth1165BEH9.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Barley Lea, Coventry £ 105,000BUY5 / 100.00 KM
The Greenfield, Stoke Aldermoor, Coventry, CV3 £ 210,000BUYUnknown0.07 KM
The Barley Lea, Stoke Aldermoor, Coventry, CV3 £ 200,000BUY6 / 100.07 KM
The Bentree, Stoke Aldermoor, Coventry £ 120,000BUY4 / 100.11 KM
The Barley Lea, Coventry £ 110,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
30 The Barley Lea £ 41,0000.06 KM
74 The Barley Lea £ 70,0000.06 KM
32 The Barley Lea £ 39,0000.06 KM
68 The Barley Lea £ 72,5000.06 KM
70 The Barley Lea £ 85,0000.06 KM