2-bedroom flat · CV5 9NQ
Sold STCListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** CASH BUYERS ONLY ** BELOW MARKET PRICE ** An ideally located third floor apartment situated towards the lower and more sought after part of this development.
Having been carefully maintained for many years, this well designed home is offered with vacant possession, does need some attention, however has gas heating from a modern boiler and double glazing.
Briefly comprising of a long through hall, two double sized bedrooms, 12ft kitchen, bathroom and spacious lounge/diner with a large, sunny balcony off.
There are very well kept communal gardens surrounding the block with an allocated garage nearby. INTERESTED? THEN PLEASE CALL TODAY TO BOOK YOUR VIEWING.
SETTING Allesley Park is regarded as one of the most sought after suburbs of the city in which to reside, on the western edge, close to wonderful parkland.
Perfect for young families, the area is especially well served by a range of highly regarded schools for all ages including St Christopher Primary.
Various daily shops and transport services are close by and first class road links include the A45 allowing easy access to local areas including Meriden, Solihull and of course Birmingham.
ON THE THIRD FLOOR THROUGH HALL 6.43m x 1.02m 21’1 x 3’4 LOUNGE/DINER 6.25m x 3.25m 20’6 x 10’8 KITCHEN 12‘3 x 6‘8 - 12‘3 x 6‘8 BEDROOM NO.1 3.96m x 10‘3 - 13’ x 10‘3 BEDROOM NO.2 3.96m x 10‘3 - 13’ x 10‘3 BATHROOM 6‘7 x 6‘4 - 6‘7 x 6‘4 VALUATION OPPORTUNITY yourdreampad is a select, boutique estate agency located on the Holyhead Road, Coundon, brought to you by Richard and Molly Yeoman, offering a high quality, honest and fully transparent service, where attention to detail, outstanding communication and organisational skills are our priority.
Honest and accurate free appraisals of your home with will be conducted by Richard.
With over 35 years’ experience in the industry he has an unrivalled understanding of the conveyancing process; mortgages and surveys to help resolve any difficulties during the sale transaction.
OFFER PROCEDURE Before contacting a building society, bank or solicitor you should make an offer to yourdreampad, as any delay may result in the sale being agreed to another party, thus incurring unnecessary costs.
Under the Estate Agency Act 1991, you will be required to provide financial information in order to verify your position before we can recommend your offer to the seller.
We will require proof of identification in order to adhere to Money Laundering Regulations.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Victoria Court, ALLESLEY HALL DRIVE, Coventry, CV5
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