Drapers Fields, Coventry, West Midlands, CV1
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Drapers Fields, Coventry, West Midlands, CV1

By Bairstow Eves

£ 160,000

Reviews

3 out of 5 stars

Bairstow Eves says ..

**GREAT INVESTMENT OPPORTUNITY**PERFECT FIRST TIME BUY**NO ONWARD CHAIN**LOUNGER DINER**RE-FITTED KITCHEN**TWO DOUBLE BEDROOMS**ENSUITE TO MASTER BEDROOMS**SECURE EXTERNAL AND INTERNAL ACCESS** This two bedroom apartment is larger than your average apartment, offering spacious living s...

Property Oracle says ..

The property is a 2 bedroom 2 bathroom flat located in Drapers Fields, Coventry. The flat is modern and well presented, with a neutral decor throughout. The kitchen is contemporary and well-equipped, and the bathrooms are clean and modern. The property benefits from a balcony, offering additional outdoor space. The location is convenient, with good access to local amenities and transport links. Several schools are within a short distance, including Barr’s Hill School and Community College (rated ‘Good’ by Ofsted) and Eden Girls’ School Coventry (rated ‘Outstanding’). Coventry train station is approximately 1.49km away, providing easy access to other parts of the UK. Based on the images provided, the property appears to be in excellent condition and requires no immediate repairs or renovations. The property is a modern build, and the interior is well-maintained and clean. While the plot size is 844 sqft, the images show a small balcony. There is no evidence of a garden. Considering the property’s modern condition, convenient location near schools and transportation, and the average price per sqft in the area (£263), the list price of £160,000 appears reasonable. However, the average price for properties in the area is significantly higher (£247,302), and the average sqft is larger (939 sqft). The lower price may be due to the smaller size of this property compared to the average. The nearby comparable properties are also priced lower, which further supports the reasonableness of the asking price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
8
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
646.02
Lot (est)
844.00

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
219,646.80 £
Increased by 53.85 %
from 142,770.42 £
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 646.02 £/mo
Est rental Yield
3.52 %
Decreased by 42.48 %
from 6.12 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Bairstow Eves created the listing.

Nearby Schools

NameTypeOfstedDistance
Barr'S Hill School And Community CollegeAcademy ConverterGood0.42 KM
Bablake Junior And Pre-Prep SchoolOther Independent School0.80 KM
St Osburg'S Catholic Primary SchoolVoluntary Aided SchoolGood0.86 KM
Eden Girls' School CoventryFree SchoolsOutstanding0.92 KM
Coventry Youth Offending ServiceMiscellaneous0.93 KM

Images

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Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Coventry1030COV1.49 KM
Canley1129CNL4.22 KM
Coventry Arena7416CAA4.25 KM
Bedworth1165BEH8.80 KM
Tile Hill1035THL9.57 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mandara Court, Drapers Fields, Coventry £ 140,000BUY6 / 100.00 KM
Drapers Fields, Coventry, West Midlands, CV1 £ 160,000BUY7 / 100.00 KM
Mandara Point, Drapers Fields, Coventry £ 120,000BUY5 / 100.00 KM
Mandara Point, Canal Basin, Coventry £ 145,000BUY5 / 100.02 KM
Mandara Point, CV1 4AF £ 135,000BUY5 / 100.03 KM

Nearby Properties

AddressPriceDistance
7 Brindley Paddocks £ 97,0000.10 KM
70 Drapers Fields £ 36,9500.18 KM
60 Drapers Fields £ 173,0000.18 KM
86 Drapers Fields £ 112,0000.18 KM
42 Drapers Fields £ 102,0000.18 KM