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See how verdicts work2-bedroom flat · CV11 6PF
Listing removedListed 139 days
Opportunity summary
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About
Apartment, Lutterworth Road, Whitestone, Nuneaton, CV11 6Pf Presenting an outstanding opportunity for buyers, investors, or those seeking a refurbishment project, this First Floor Apartment is situated above a parade of local shops on Lutterworth Road, Nuneaton.
The property requires modernisation throughout, providing a blank canvas to improve and personalise, subject to necessary consents, allowing new owners to create a truly bespoke living space.
Upon entering, a double-glazed entrance door leads into the hall, which features a useful storage cupboard and opens directly into the lounge/dining room.
This reception area is equipped with an electric fire, an electric room heater, and a UPVC sealed unit double-glazed window, ensuring a comfortable space for relaxation and dining.
The kitchen, though compact, offers an inset sink, a fitted base unit, and work surfaces. It includes wall cupboards, plumbing for a washing machine, space for a fridge, and an electric cooker point.
Electric wall heater, internal window, and a skylight above complete this functional space. The inner hall provides access to a further storage cupboard and leads to the two bedrooms.
Both bedrooms featuring an electric heater and a double-glazed window, ensuring warmth and natural light.
The bathroom comprises a white suite, including a panelled bath with a shower over, a pedestal wash hand basin, and a low-level WC.
Electric wall heater and a skylight above contribute to its practicality. Externally, the apartment is accessed via a staircase located at the back of the parade of shops, reached via an access road.
This convenient setting places the property amongst one of Nuneaton's most prestigious roads, offering easy access to a wealth of local amenities.
Nuneaton town centre is within easy reach, providing a wider array of shopping, dining, and leisure facilities. Local green spaces are also nearby, offering opportunities for outdoor recreation.
Connectivity is a key advantage of this location.
The apartment is well-placed for road links, offering excellent access towards the A444, A5, Coventry, Hinckley, and the wider Midlands motorway network.
This makes it a practical and well-connected investment or an ideal first-time purchase for those commuting or needing easy regional access.
Offered with no upward chain, this property represents a superb chance to acquire a home with significant potential in a highly convenient Nuneaton location.
There will be a new 125 year lease granted upon completion. The service charge is £702 per annum, with an annual ground rent of £500 per annum currently applicable.
This property represents a superb opportunity to acquire a home with significant potential in a highly desirable and convenient Nuneaton location.
Hall Lounge/Dining Room 18' 2" x 14' 10" Kitchen 6' x 10' 2" Bedroom 1 9' 1" x 12' 6" Bedroom 2 9' x 10' 6" Bathroom 5' 7" x 6' 2" Local Authority Nuneaton & Bedworth Borough Council.
Agents Note We have not tested any of the electrical, central heating or sanitary ware appliances. Purchasers should make their own investigations as to the workings of the relevant items.
Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales details are approximate.
Subjective comments in these details imply the opinion of the selling Agent at the time these details were prepared. Naturally, the opinions of purchasers may differ.
These sales details are produced in good faith to offer a guide only and do not constitute any part of a contract or offer.
We would advise that fixtures and fittings included within the sale are confirmed by the purchaser at the point of offer.
Images used within these details are under copyright to Alan Cooper Estates and under no circumstances are to be reproduced by a third party without prior permission.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 178A Lutterworth Road, Nuneaton, Warwickshire
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