Sold STC Flat

51A

BARRAS LANE, COVENTRY, WEST MIDLANDS CV1 3BU

1 beds 1 baths 560 sq ft Listed 1 Aug 2022 (-1412d)

£85,000

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# 1 bedroom flat for sale (CV1 3BU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 51A, BARRAS LANE, COVENTRY, WEST MIDLANDS CV1 3BU |
| Price | £85,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 52 m² |
| Last sold | £85,000 Mar 2023 |

## Description

**Communal Entrance** - Having secure access into the building accessed via steps.  There is a communal hallway with front door that leads into the:

**Entrance Hallway** - Having doors leading off to:

**Lounge Dining Room** - 4.75m x 3.84m (15'7 x 12'7) - Having two double glazed windows to the front elevation.

**Double Bedroom** - 4.19m x 3.00m (13'9 x 9'10) - Having a PVcu double glazed window to the rear elevation.

**Kitchen Dining Room** - 3.96m x 3.00m (13' x 9'10) - Having a PVCu double glazed window to the side elevation, composite door that leads to a courtyard area, small amount of units, door that leads to the basement and further door that leads to the:

**Inner Lobby** - Having airing cupboard off  and further door that leads to the:

**Family Bathroom** - 2.03m x 1.68m (6'8 x 5'6) - Having a PVCu double glazed window that leads to the rear elevation, panel bath, pedestal wash hand basin, low level flush WC and some tiling to splash prone areas.

**Rear Garden Area** - Having a courtyard and iron stairwell that leads to a communal garden area.

## Property Photos

- ![IMG_1895.jpg](/listings/photos/125583617/281181) - IMG_1895.jpg
- ![IMG_1928.jpg](/listings/photos/125583617/281182) - IMG_1928.jpg
- ![IMG_1920.jpg](/listings/photos/125583617/281185) - IMG_1920.jpg
- ![IMG_1935.jpg](/listings/photos/125583617/281187) - IMG_1935.jpg
- ![IMG_1919.jpg](/listings/photos/125583617/281188) - IMG_1919.jpg
- ![IMG_1924.jpg](/listings/photos/125583617/281191) - IMG_1924.jpg
- ![IMG_1922.jpg](/listings/photos/125583617/281193) - IMG_1922.jpg
- ![IMG_1923.jpg](/listings/photos/125583617/281195) - IMG_1923.jpg
- ![IMG_1926.jpg](/listings/photos/125583617/281198) - IMG_1926.jpg
- ![IMG_1921.jpg](/listings/photos/125583617/281199) - IMG_1921.jpg
- ![IMG_1931.jpg](/listings/photos/125583617/281201) - IMG_1931.jpg
- ![IMG_1929.jpg](/listings/photos/125583617/281203) - IMG_1929.jpg
- ![IMG_1932.jpg](/listings/photos/125583617/281204) - IMG_1932.jpg
- ![IMG_1934.jpg](/listings/photos/125583617/281205) - IMG_1934.jpg
- ![IMG_1930.jpg](/listings/photos/125583617/281206) - IMG_1930.jpg

## Floorplans

- ![barras lane floor plan.JPG](/listings/photos/125583617/281207) - barras lane floor plan.JPG

## EPC Graphs

- ![EE Rating](/listings/photos/125583617/281208) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 51A BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU | £85,000 | 17/03/2023 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| WATERWORKS FLAT 1 DOE BANK LANE, COVENTRY, WEST MIDLANDS, CV1 3AR | £525,000 | 13/10/2023 | Flat |
| COMPASS COURT FLAT 1 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL | £100,000 | 07/07/2023 | Flat |
| GRINDLAY HOUSE FLAT 4 WINDSOR STREET, COVENTRY, WEST MIDLANDS, CV1 3HH | £114,000 | 18/04/2023 | Flat |
| 2 MEADOW STREET, COVENTRY, WEST MIDLANDS, CV1 3LW | £95,000 | 31/03/2023 | Flat |
| [Same street] 53 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU | £230,000 | 07/12/2022 | Terraced |
| COMPASS COURT FLAT 18 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL | £70,000 | 14/10/2022 | Flat |
| [Same street] 55 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU | £360,000 | 12/10/2022 | Terraced |
| [Same street] 17 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU | £250,000 | 06/10/2022 | Terraced |
| COMPASS COURT FLAT 84 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ | £130,000 | 01/09/2022 | Flat |
| COMPASS COURT FLAT 58 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ | £82,000 | 26/08/2022 | Flat |
| 7 MEADOW STREET, COVENTRY, WEST MIDLANDS, CV1 3LW | £107,500 | 12/08/2022 | Flat |
| COMPASS COURT FLAT 2 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL | £85,000 | 01/07/2022 | Flat |
| COMPASS COURT FLAT 59 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ | £95,000 | 30/06/2022 | Flat |
| COMPASS COURT FLAT 70 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ | £110,000 | 17/06/2022 | Flat |
| COMPASS COURT FLAT 31 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL | £79,081 | 15/06/2022 | Flat |
| COMPASS COURT FLAT 79 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ | £70,000 | 10/06/2022 | Flat |
| 6 MEADOW STREET, COVENTRY, WEST MIDLANDS, CV1 3LW | £130,400 | 09/06/2022 | Flat |
| 8 MEADOW STREET, COVENTRY, WEST MIDLANDS, CV1 3LW | £105,000 | 09/06/2022 | Flat |
| COMPASS COURT FLAT 44 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL | £120,000 | 23/03/2022 | Flat |
| GRINDLAY HOUSE FLAT 7 WINDSOR STREET, COVENTRY, WEST MIDLANDS, CV1 3HH | £105,000 | 15/03/2022 | Flat |
| COMPASS COURT FLAT 55 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ | £95,000 | 21/02/2022 | Flat |
| COMPASS COURT FLAT 51 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ | £128,000 | 21/01/2022 | Flat |
| [Same street] 57C BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU | £75,000 | 14/01/2022 | Flat |
| 8 FLAT 1 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3BX | £97,500 | 24/08/2021 | Flat |
| [Same street] 43 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU | £245,000 | 23/07/2021 | Terraced |

**Street average:** £232,000 (5 sales)
**Area average:** £122,174 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £159,700 (5 Flat, CV1, 2024–2026)
- **Deviation:** -46.8%

## Rental Range

*ONS Price Index of Private Rents (Coventry). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £917/mo
- **Realistic:** £1,019/mo
- **Optimistic:** £1,121/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Coventry (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £573/mo

## 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 |
|------|------|------|------|------|
| Bedsit, Coventry, CV1 | £725/mo | 1 | 0.26 miles | OpenRent |
| Studio Flat, Queens Road, CV1 | £800/mo | 1 | 0.29 miles | OpenRent |
| Studio Flat, Queens Road, CV1 | £800/mo | 1 | 0.29 miles | OpenRent |
| 1 Bed Flat, The Co-Operative Building, CV1 | £1,050/mo | 1 | 0.36 miles | OpenRent |
| Studio Flat, Lamb Street, CV1 | £500/mo | 1 | 0.4 miles | OpenRent |

**Average rent: £775/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.94% (okay)
- **Max investor price (0.8%):** £100,000
- **Target investor price (1%):** £80,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £800/mo).*

- **Gross yield:** 11.3%
- **Cost-to-rent:** 8.9×
- **Monthly cashflow:** £360/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 17.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £1,635/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 39.1%
- **10y growth:** 34.1%

## House Price Index (HM Land Registry)

*Official index for Coventry; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4.9%
- **5y growth (index):** 3%
- **10y growth (index):** 32.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

IMG_1895.jpg IMG_1928.jpg IMG_1920.jpg IMG_1935.jpg IMG_1919.jpg IMG_1924.jpg IMG_1922.jpg IMG_1923.jpg IMG_1926.jpg IMG_1921.jpg IMG_1931.jpg IMG_1929.jpg IMG_1932.jpg IMG_1934.jpg IMG_1930.jpg

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Property details

Tenure

LEASEHOLD

Floor area

52 m²

Year built

England and Wales: 1900-1929

Last sold

£85,000 Mar 2023

Price per m²

£1,635/m²

Local average

£159,700 (-46.8%)

Deprivation

Decile 1 (1,288 of 33,755)

Street crime

757 incidents within 1 mile (Apr 2026)

Key features

GROUND FLOOR FLAT
ONE DOUBLE BEDROOM
PVCU DOUBLE GLAZED
VACANT
NO UPWARD CHAIN
COMMUNAL REAR GARDEN
WORCESTER BOSCH CENTRAL HEATING SYSTEM
SECURE ACCESS INTO BUILDING
BASEMENT!
CV1 POSTCODE CLOSE TO CITY CENTRE

Description

NEW 125 YEAR LEASE UPON COMPLETION... GROUND FLOOR... ONE DOUBLE BEDROOM... COMMUNAL REAR GARDEN... CLOSE TO COVENTRY CITY CENTRE... GREAT INVESTMENT PURCHASE... PERFECT FOR THE FIRST TIME BUYER OR THOSE LOOKING TO DOWNSIZE. Located on Barras Lane, close to Coventry City Centre, this property located on the ground floor really does need to be viewed to appreciate what is being offered for sale. Benefiting from being vacant and having no upward chain, it would be perfect for those looking to expand their property portfolio, looking to downsize or the first time buyer. Having an lounge dining room, one double bedroom, family bathroom, storage cupboard and fitted kitchen. For those looking for additional space or storage, this property also comes with a basement! In need of a little TLC, why not come and take a look and book your immediate viewing now.

Communal Entrance - Having secure access into the building accessed via steps. There is a communal hallway with front door that leads into the:

Entrance Hallway - Having doors leading off to:

Lounge Dining Room - 4.75m x 3.84m (15'7 x 12'7) - Having two double glazed windows to the front elevation.

Double Bedroom - 4.19m x 3.00m (13'9 x 9'10) - Having a PVcu double glazed window to the rear elevation.

Kitchen Dining Room - 3.96m x 3.00m (13' x 9'10) - Having a PVCu double glazed window to the side elevation, composite door that leads to a courtyard area, small amount of units, door that leads to the basement and further door that leads to the:

Inner Lobby - Having airing cupboard off and further door that leads to the:

Family Bathroom - 2.03m x 1.68m (6'8 x 5'6) - Having a PVCu double glazed window that leads to the rear elevation, panel bath, pedestal wash hand basin, low level flush WC and some tiling to splash prone areas.

Rear Garden Area - Having a courtyard and iron stairwell that leads to a communal garden area.

Listed by

Coventry

Matthew James Property Services

Reference: 125583617

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

barras lane floor plan.JPG

EPC Graphs

EE Rating

Price history

Event	Date	Price	% change
Sold	17/03/2023 (3 years ago)	£85,000	—

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
WATERWORKS FLAT 1 DOE BANK LANE, COVENTRY, WEST MIDLANDS, CV1 3AR	£525,000	13/10/2023	Flat
COMPASS COURT FLAT 1 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL	£100,000	07/07/2023	Flat
GRINDLAY HOUSE FLAT 4 WINDSOR STREET, COVENTRY, WEST MIDLANDS, CV1 3HH	£114,000	18/04/2023	Flat
2 MEADOW STREET, COVENTRY, WEST MIDLANDS, CV1 3LW	£95,000	31/03/2023	Flat
Same street 53 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU	£230,000	07/12/2022	Terraced
COMPASS COURT FLAT 18 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL	£70,000	14/10/2022	Flat
Same street 55 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU	£360,000	12/10/2022	Terraced
Same street 17 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU	£250,000	06/10/2022	Terraced
COMPASS COURT FLAT 84 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ	£130,000	01/09/2022	Flat
COMPASS COURT FLAT 58 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ	£82,000	26/08/2022	Flat
7 MEADOW STREET, COVENTRY, WEST MIDLANDS, CV1 3LW	£107,500	12/08/2022	Flat
COMPASS COURT FLAT 2 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL	£85,000	01/07/2022	Flat
COMPASS COURT FLAT 59 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ	£95,000	30/06/2022	Flat
COMPASS COURT FLAT 70 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ	£110,000	17/06/2022	Flat
COMPASS COURT FLAT 31 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL	£79,081	15/06/2022	Flat
COMPASS COURT FLAT 79 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ	£70,000	10/06/2022	Flat
6 MEADOW STREET, COVENTRY, WEST MIDLANDS, CV1 3LW	£130,400	09/06/2022	Flat
8 MEADOW STREET, COVENTRY, WEST MIDLANDS, CV1 3LW	£105,000	09/06/2022	Flat
COMPASS COURT FLAT 44 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LL	£120,000	23/03/2022	Flat
GRINDLAY HOUSE FLAT 7 WINDSOR STREET, COVENTRY, WEST MIDLANDS, CV1 3HH	£105,000	15/03/2022	Flat
COMPASS COURT FLAT 55 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ	£95,000	21/02/2022	Flat
COMPASS COURT FLAT 51 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3LJ	£128,000	21/01/2022	Flat
Same street 57C BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU	£75,000	14/01/2022	Flat
8 FLAT 1 NORFOLK STREET, COVENTRY, WEST MIDLANDS, CV1 3BX	£97,500	24/08/2021	Flat
Same street 43 BARRAS LANE, COVENTRY, WEST MIDLANDS, CV1 3BU	£245,000	23/07/2021	Terraced

Street average: £232,000 (5 sales)

Area average: £122,174 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 39.1%

10y growth 34.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Coventry. Series: Flats and maisonettes. As of March 2026.

1y (index) -4.9%

5y (index) 3%

10y (index) 32.3%

Rental Range

Estimated market rent for Coventry. Low = conservative, Realistic = average, Optimistic = best case.

Low £917/mo

Realistic £1,019/mo

Optimistic £1,121/mo

Based on Local Authority from postcode lookup → Coventry.

LHA (30th percentile) floor for Coventry: £573/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CV1 3BU

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Lifestyle Express	0.0 miles
Shop	Spon Gate Motorcycles	0.0 miles
Bus stop	Holyhead Rd / Ringway	0.1 miles
Hospital	Atrium Health	0.2 miles
Train station	Coventry	0.7 miles
University	Coventry University	0.8 miles
Hospital	Coventry and Warwick Hospital	0.8 miles
Train station	Canley	1.2 miles

Street-level crime

Category	Count
Violence and sexual offences	279
Shoplifting	122
Public order	64
Other theft	54
Criminal damage and arson	44
Anti-social behaviour	35
Vehicle crime	33
Burglary	31
Drugs	25
Robbery	21
Possession of weapons	18
Bicycle theft	15
Theft from the person	9
Other crime	7
Total incidents	757

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
Spon Gate Primary School	Primary	0.1 miles	Good — 14 Jun 2023
St Osburg's Catholic Primary School	Primary	0.2 miles	Good — 11 Mar 2011
Bablake School	Other	0.4 miles	— (No rating)
Moseley Primary School	Primary	0.5 miles	Good — 3 Mar 2014
Hearsall Community Academy	Primary	0.5 miles	Good — 9 Feb 2020

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
Bedsit, Coventry, CV1	£725/mo	1	0.26 miles	OpenRent
Studio Flat, Queens Road, CV1	£800/mo	1	0.29 miles	OpenRent
Studio Flat, Queens Road, CV1	£800/mo	1	0.29 miles	OpenRent
1 Bed Flat, The Co-Operative Building, CV1	£1,050/mo	1	0.36 miles	OpenRent
Studio Flat, Lamb Street, CV1	£500/mo	1	0.4 miles	OpenRent

Average rent: £775/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.94%

Max investor price (0.8%) £100,000

Target investor price (1%) £80,000

Gross yield 11.3%

Cost-to-rent ratio 8.9×

Monthly cashflow £360/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 17.5%

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).

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