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See how verdicts work2-bedroom flat · CV3 5AE
Listing removedListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* EXTENDED 180 YEAR LEASE * WELL PRESENTED 2 BEDROOM FIRST FLOOR FLAT * GAS CH & DOUBLE GLAZED * REFITTED KITCHEN & REFURBISHED SHOWER ROOM * VIEWING HIGHLY RECOMMENDED Nestled in the charming area of Styvechale, Coventry, to the south of the city, this well-presented first-floor flat on Charminster Drive offers a delightful living experience.
Boasting two spacious bedrooms, this property is perfect for individuals or small families seeking comfort and convenience.
As you enter, you are welcomed into an entrance hall with balcony overlooking the lawn communal gardens.
The attractive lounge/ diner provides a lovely view down Gregory Hood Road, creating a bright and inviting atmosphere.
The flat features a refitted kitchen, which is both modern and functional with hob and oven making it an ideal space for culinary enthusiasts.
With a well-appointed bathroom with walk in shower cubicle, this flat meets all the essential needs for daily living.
The property benefits from an extended lease of 180 years, providing peace of mind for future ownership.
Viewing is highly recommended to fully appreciate the charm and potential of this lovely flat which is currently occupied and well presented by the current occupier.
Whether you are looking to invest or find a new home, this property is sure to impress.
The Leasehold flat has an extended Lease of 215 years with 180 remaining with the Service Charge £890 per annum reviewed on a annual basis in April.
PLEASE NOTE THAT LEASE DETAILS ARE FOR GUIDANCE PURPOSES ONLY AND WE WOULD RESPECTFULLY REQUEST THAT YOU SEEK CLARIFICATION OF THE EXACT TERMS OF THE LEASE VIA YOUR SOLICITOR Entrance Hall - Balcony Overlooking The Rear Lawn Communal Gardens - Spacious Lounge/ Diner - 4.92 x 4.05 (16'1" x 13'3") - Refitted Kitchen With Hob & Oven - 3.04 x 2.50 (9'11" x 8'2") - Inner Hall - Bedroom One - 4.21 x 3.00 (13'9" x 9'10") - Bedroom Two - 3.55 x 2.80 (11'7" x 9'2") - Shower Room - On Street Parking - Lawn Communal Gardens - Viewing Highly Recommended -
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Charminster Drive, Styvechale, Coventry
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