10 RIDGE COURT
COVENTRY, WEST MIDLANDS CV5 7PZ
Listing type
Property details
Listing category
Auction
Tenure
LEASEHOLD
Floor area
32 m²
Council tax band
A
EPC rating
D
Year built
England and Wales: 1991-1995
Last sold
£90,661 Jul 2025
Price per m²
£2,141/m²
Local average
£147,680 (-53.6%)
Deprivation
Decile 10 (30,387 of 33,755)
Street crime
49 incidents within 1 mile (Apr 2026)
Key features
- Ground Floor
- Parking Space
- Electric Wall Heaters
- Hot Water Tank
- Full Double Glazing
- Oven/Hob
Additional details
- Parking
- Yes
Description
Nestled in the picturesque suburb of Allesley in Coventry, this delightful 1-bedroom ground floor flat is a rare find. While the property requires some modernisation, it presents an exciting opportunity for those looking to downsize or savvy investors seeking to maximise their returns.
Property Features:
**
Layout: The flat includes a spacious bedroom, a bathroom, a functional kitchen, and a comfortable living room.
Parking: Comes with an allocated parking space for added convenience.
Leasehold Details: Approximately 59 years remain on the lease, with a ground rent of circa £45 per annum and service charge of £840 per annum.
Location Highlights:
This property boasts an enviable location with excellent transport links:
Road Access: Situated on the A45, offering easy connections to the M42 and M6 motorways.
Public Transport: Convenient bus routes connect you to both Coventry and Birmingham.
Local Amenities: A range of nearby shops, hairdressers, and pubs cater to your everyday needs.
Natural Beauty: Enjoy the vast countryside right on your doorstep, with Coundon Wedge and Meridian Park just a stone’s throw away.
This property, once updated, holds incredible potential and is not to be missed.
Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Parking Availability: Yes.**
Listed by
Coventry
Elliott Sales & Lettings Ltd
Reference: 87065346
EPC Rating & Upgrade Cost
Current rating: D
Potential rating: C
Inspection date: 20/01/2025
Expiry date: 19/01/2035
Current heating cost: £792/year
Potential heating cost: £364/year
Est. upgrade cost to C: £5,525
Recommendations
- Floor insulation (solid floor) (£4,000 - £6,000)
- Low energy lighting for all fixed outlets (£25)
- High heat retention storage heaters (£400 - £600)
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
169% since 1997
| Event | Date | Price | % change |
|---|---|---|---|
| Sold | 22/07/2025 (11 months ago) | £90,661 | +168.6% |
| Sold | 12/12/1997 (28 years ago) | £33,750 | — |
Source: HM Land Registry Price Paid Data. Crown copyright.
Sold Comparables
Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.
| Address | Price | Date | Type |
|---|---|---|---|
| 12 FLAT ALLESLEY COURT, ALLESLEY, COVENTRY, WEST MIDLANDS, CV5 9HB | £92,500 | 16/01/2026 | Flat |
| GREEN COURT 30 MACKENZIE CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NY | £170,000 | 31/10/2025 | Flat |
| 5 CEDAR COURT, ALLESLEY, COVENTRY, WEST MIDLANDS, CV5 9BE | £138,000 | 12/12/2022 | Flat |
| DIXON COURT 24 HALIFAX CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NZ | £175,000 | 24/11/2022 | Flat |
| 29 RIDGE COURT, COVENTRY, WEST MIDLANDS, CV5 7PZ | £110,000 | 27/10/2022 | Flat |
| 34 RIDGE COURT, COVENTRY, WEST MIDLANDS, CV5 7PZ | £105,000 | 21/10/2022 | Flat |
| GREEN COURT 36 MACKENZIE CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NY | £163,000 | 21/10/2022 | Flat |
| 4 RIDGE COURT, COVENTRY, WEST MIDLANDS, CV5 7PZ | £160,000 | 07/10/2022 | Flat |
| 5 RIDGE COURT, COVENTRY, WEST MIDLANDS, CV5 7PZ | £165,000 | 07/10/2022 | Flat |
| 12 ALLESLEY COURT, ALLESLEY, COVENTRY, WEST MIDLANDS, CV5 9HB | £106,000 | 03/10/2022 | Flat |
| 43 CHRISTIE COURT HALIFAX CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NZ | £190,000 | 30/09/2022 | Flat |
| ARDEN COURT 22 MACKENZIE CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NY | £157,500 | 25/05/2022 | Flat |
| 22 RIDGE COURT, COVENTRY, WEST MIDLANDS, CV5 7PZ | £101,000 | 13/05/2022 | Flat |
| GREEN COURT 32 MACKENZIE CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NY | £142,000 | 08/04/2022 | Flat |
| 38 CHRISTIE COURT HALIFAX CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NZ | £165,000 | 25/03/2022 | Flat |
| ARDEN COURT 14 MACKENZIE CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NY | £155,000 | 14/02/2022 | Flat |
| DIXON COURT 16 HALIFAX CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NZ | £168,000 | 03/02/2022 | Flat |
| ARDEN COURT 16 MACKENZIE CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NY | £127,000 | 17/12/2021 | Flat |
| 47 RIDGE COURT, COVENTRY, WEST MIDLANDS, CV5 7PZ | £150,000 | 13/08/2021 | Flat |
| 42 CHRISTIE COURT HALIFAX CLOSE, COVENTRY, WEST MIDLANDS, CV5 9NZ | £147,000 | 06/08/2021 | Flat |
Area average: £144,350 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Coventry. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Coventry. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Coventry.
LHA (30th percentile) floor for Coventry: £573/mo (Apr 2025 – Mar 2026)
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Birmingham Rd / Neale Avenue | 0.2 miles |
| Bus stop | The Windmill Hill / Cameron Close | 0.2 miles |
| Shop | Golocal Unicorn Express | 0.7 miles |
| Shop | Ego | 0.9 miles |
| Train station | Canley | 2.1 miles |
| Train station | Tile Hill | 2.3 miles |
| Hospital | George Elliot Medical Centre | 2.8 miles |
| University | Centre for Interdisciplinary Methodologies | 3.1 miles |
| University | Unknown | 3.3 miles |
| Hospital | Brian Oliver Centre | 7.9 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 27 |
| Public order | 5 |
| Other theft | 4 |
| Vehicle crime | 4 |
| Criminal damage and arson | 3 |
| Other crime | 2 |
| Anti-social behaviour | 1 |
| Burglary | 1 |
| Possession of weapons | 1 |
| Shoplifting | 1 |
| Total incidents | 49 |
Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).
Schools nearby
Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.
| Name | Type | Distance | Ofsted |
|---|---|---|---|
| Allesley Primary School | Primary | 0.3 miles | Good — 26 Mar 2014 |
| Park Hill Primary School | Primary | 0.6 miles | Good — 1 Apr 2014 |
| Allesley Hall Primary School | Primary | 0.8 miles | Good — 28 Mar 2013 |
| Mount Nod Primary School | Primary | 0.9 miles | Good — 9 Feb 2011 |
| Limbrick Wood Primary School | Primary | 1.0 miles | Good — 22 Oct 2012 |
Rental Comparables
Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.
| Title | Rent | Beds | Distance | As seen on |
|---|---|---|---|---|
| 1 Bed Flat, Thirlmere Close, CV4 | £715/mo | 1 | 1.03 miles | OpenRent |
| 1 Bed Flat, Thirlmere Close, CV4 | £635/mo | 1 | 1.04 miles | OpenRent |
| 1 Bed Flat, Thirlmere Close, CV4 | £665/mo | 1 | 1.04 miles | OpenRent |
| Studio Flat, Broad Lane, CV5 | £650/mo | 1 | 1.16 miles | OpenRent |
Average rent: £666/mo (4 listings)
Rent-driven metrics
Based on OpenRent comparables.
- Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
- Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
- Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
- Gross yield — Annual rent as % of purchase price (no costs).
- Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
- Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
- ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).