We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CV1 1NQ
Sold STCListed 391 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ONE DOUBLE BEDROOM... LONG EXTENDED LEASE OF 124 YEARS... MUCH IMPROVED... CURRENTLY TENANTED AT £800 PER CALENDAR MONTH... GREAT INVESTMENT PROPERTY... BASED ON THE TENTH FLOOR...
CITY CENTRE LOCATION... Located in the heart of Coventry City Centre, this lovely one bedroom property needs to be viewed to appreciate what is being offered for sale.
Having an open plan kitchen and living area, double bedroom, shower room and secure intercom system.
Benefiting from beautiful panoramic views of Coventry City including the medieval Spon Street and an extended lease of 124 years remaining.
Perfect for the investment buyer or the first time buyer and currently having a tenant in the property paying £800 per calendar month. Call us now to book your viewing.
Communal Areas - The property benefits from lift to the tenth floor and also has a security intercom system.
Entrance Hallway - Having storage cupboard and doors leading off to: Shower Room - 1.80m x 1.50m (5'11 x 4'11) - Having a corner walk-in shower cubicle, low level flush WC, wash hand basin and tiling to all splash prone areas.
Living Room - 3.51m x 3.84m (11'6 x 12'7) - Having full width windows to the one wall and access into the: Kitchen Area - 2.64m x 1.73m (8'8 x 5'8) - Having a range of wall, base and drawer units with roll top work surface over, integrated oven with four ring electric hob and extractor over, space and plumbing for a washing machine and space for a under counter larder fridge.
There is also modern tiling to all splash prone areas. Double Bedroom - 3.61m x 1.73m (11'10 x 5'8) - Having full width window to the one wall.
Views: - We are led to believe that the council tax band is A (£1608.74) band. This can be confirmed by calling Coventry City Council. The property is rated as C for Energy Performance (EPC).
PLEASE NOTE:- To adhere to the Money Laundering Regulations 2007 Act, we are duty bound to carry out checks on all of our clients to confirm their identity.
In line with legal requirements, all purchasers who have an offer accepted on a property being sold by Matthew James Property Services Limited must complete an identification check.
To carry out these checks, we work with a third party specialist provider and a fee of £25.00 plus VAT per purchaser is payable in advance once an offer has been agreed and before a Memorandum of Sale can be issued.
Please also note that this fee is non refundable under any circumstances.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 The Precinct, Coventry City Centre ** GREAT INVESTMENT **
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