2-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** long lease, ground floor, parking & garage *** Pointons are delighted to offer for sale this well-presented ground floor apartment, situated within a purpose-built development within walking distance of Nuneaton Town Centre.
The property is ideally located for convenient access to Nuneaton Train Station, bus station and excellent transport links to Coventry, Birmingham and beyond.
The apartment has been modernised to a high standard, featuring a refitted kitchen with integrated appliances, including a fridge/freezer, oven, hob and washing machine, alongside a refitted bathroom.
Further benefits include a garage and communal off-road parking. The accommodation benefits from double glazing and electric storage heaters.
In brief, the property comprises an entrance hall, living room, modern fitted kitchen, two double bedrooms and a family bathroom.
Of particular interest to investors, the property benefits from a long lease in excess of 130 years, with a low ground rent and service charge.
We anticipate a potential rental income of approximately £775–£800 per calendar month, making this an attractive investment opportunity with the potential to achieve a competitive rental yield.
Offered for sale with no upward chain, this property is an excellent opportunity for both first-time buyers and investors alike. To arrange your viewing, please contact Pointons today.
EPC Rating: E Entrance Hall (4.84m x 2.82m (15'11" x 9'3")) Having entrance door accessed via secure telecom intercom system, hhr electric storage heater, two handy storage cupboard and doors of various rooms.
Living Room (5.02m x 3.21m (16'6" x 10'6")) Having double glazed window, hhr electric storage heater, laminate floor and being open plan to kitchen.
Kitchen (2.37m x 3.52m (7'9" x 11'7")) Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with single drainer and mixer tap, built-in fridge/freezer and washing machine, space for dishwasher, fitted electric fan assisted oven, built-in four ring electric hob with extractor hood over, dishwasher to be included, double glazed window to front and laminate flooring.
Bedroom (4.65m x 3.21m (15'3" x 10'6")) Having double glazed window & electric heater.
Bedroom (2.81m x 2.81m (9'3" x 9'3")) Having double glazed window, electric heater, and handy storage cupboard.
Bathroom (2.58m x 2.72m (8'6" x 8'11")) Fitted with three piece suite with panelled bath with shower over and folding glass screen, pedestal wash hand basin with taps and low-level WC, electric heater and vinyl flooring.
Outside The property offers a communal garden with lawned areas, trees and benches and a communal car park, the property also offers an outside storage cupboard.
The apartment offers the added bonus of having a garage and offroad parking.
Leasehold Information We are advised there are approximately 135 years remaining on the lease with the ground rent costing £10 pear year and an annual service charge of £450 per year, leasehold information is subject to solicitor verification.
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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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 advisors before making any investment decisions.
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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.
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About Coton Road, Nuneaton
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