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See how verdicts work1-bedroom flat · CV9 1JN
Listing removedListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Long lease** Traditional character property**Assigned parking** No Chain**Wright and Wright are pleased to present this one bedroom ground floor apartment in a well established and characterful development in a central Atherstone location.
Possessing the added benefits of assigned parking, electric storage heating and well tended communal areas.
Briefly comprising entry hall, living room with an open plan dining kitchen, bedroom and bathroom. Enquire within to view this excellent first time purchase or investment opportunity.
Entry Hall (14' 7'' x 2' 10'' (4.44m x 0.87m)) Having a wooden front entrance door to the communal hall, wall mounted storage heater, door off to the bedroom, bathroom and living room, as well as an integral airing cupboard.
Living Room (12' 0'' x 12' 0'' (3.66m x 3.66m)) Having two single glazed wooden framed windows, electric fireplace with surround and a wall mounted storage heater.
Kitchen (16' 1'' x 5' 9'' (4.89m x 1.75m)) Having a wooden framed single glazed window, a range of base units and wall mounted storage cabinets, ample worktop space, four ring electric hob and integral oven, inset sink with drainer and mixer tap, fitted extrator fan and wall mounted storage heater.
Bedroom (14' 6'' x 9' 6'' (4.42m x 2.89m)(Max)) Having a single glazed wooden framed window, wall mounted storage heater.
Bathroom Having a white suite comprising wc, paneled bath with wall mounted 'Triton' shower over, wc, pedestal sink, wall mounted medicine cabinet, fitted extractor fan and wall mounted towel rail.
Communal Areas There is a communal hall area as well as gardens and assinged parking spaces.
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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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
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FAQ
About 5, The Cloisters, Atherstone
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