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See how verdicts work1-bedroom flat · CV4 9WA
Listing removedListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** one bedroom first floor apartment at popular bannerbrook park *** Gas central heated, double glazed, bathroom with shower, fitted kitchen with hob/oven, lounge with external view.
Off road parking. No chain.
Foster Lewis & Co are delighted to offer for sale this modern one bedroom first floor apartment located in Bannerbrook Park, Coventry and is within close proximity to local shops, schools and other amenities such as Tile Hill station.
Benefitting from a generous lounge/diner, modern style bathroom and integral kitchen, this flat is well-presented throughout and includes lift access.
In brief this property comprises of; Hallway, Kitchen, Lounge/Diner, Bedroom and the Bathroom. Externally there is one allocated parking space.
Also including full central heating and double glazing throughout. Charges for this property are £250 per annum for Ground Rent and £1544 Service Charges ( £1794) combined per annum.
There are approximately 110 years remaining on the lease. Further detail: Hallway With access to a storage cupboard and doors leading to the Lounge, Bedroom and Bathroom.
Lounge/diner 13' 5" x 12' 11" (4.09m x 3.94m) Having a central heated radiator, two floor to ceiling double glazed windows and is carpeted throughout.
Also including space for a dining table and direct access to the Kitchen via a double opening.
Kitchen 9' 4" x 5' 6" (2.87m x 1.70m) Including a matching range of wall and base mounted units with work surfaces over, a stainless steel sink with drainer and mixer tap, four ring electric induction hob with oven below and extractor unit over and space for a fridge/freezer.
Bedroom 10' 0" x 8' 2" (3.05m x 2.51m) A modern double bedroom benefitting from a built-in storage cupboard and having a central heated radiator and double glazed window.
Bathroom 8' 2" x 7' 1" (2.51m x 2.16m) A stylish bathroom being partially tiled and having a panelled bath with shower over, low level W/C, pedestal wash basin and central heated radiator.
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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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
FAQ
About 166, Monticello Way, Coventry
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