2-bedroom flat · CV9 1HD
Listing removedListed 228 days
Opportunity summary
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About
RECEPTION HALL A private ground floor reception hall and a double glazed entrance door and stairs leading off to the first floor landing area.
FIRST FLOOR LANDING Opaque double glazed window, single panelled radiator, access to the useful roof storage space, door to the airing cupboard that also houses the central heating boiler and further doors leading off to...
LOUNGE 13' 3" x 10' 9" (4.04m x 3.28m) Double glazed window, feature fireplace, door to an over stairs storage cupboard and a double panelled radiator.
KITCHEN 7' 3" x 7' 5" (2.21m x 2.26m) Double glazed window, range of cream high gloss style kitchen units, roll edge work surfaces, stainless steel sink, space and plumbing for a washing machine, fridge freezer space, inset electric oven and hob with a stainless steel extractor hood above, tiled splash back areas.
BEDROOM ONE 10' 6" x 9' 2" (3.2m x 2.79m) Double glazed window and a double panelled radiator. BEDROOM TWO 10' 6" x 7' 0" (3.2m x 2.13m) Double glazed window and a single panelled radiator.
SHOWER ROOM 6' 8" x 5' 5" (2.03m x 1.65m) Opaque double glazed window, chrome towel radiator, PVC panelled walls, low level WC, wash basin with useful vanity storage, PVC panelled shower enclosure having a Mira electric shower, PVC panelled walls.
FIXTURES & FITTINGS: Some items maybe available subject to separate negotiation. SERVICES: We understand that all mains services are connected.
TENURE: We have been informed that the property is LEASEHOLD, however we would advise any potential purchaser to verify this through their own Solicitor. BUILDINGS INSURANCE: Currently £150 per annum.
MAINTENANCE CHARGE: Currently £110 per annum. COUNCIL TAX: We understand this property has been placed in Council Tax Band A.
(This information is provided from the Council Tax Valuation List Website).
DISCLAIMER: DETAILS HAVE NOT BEEN VERIFIED BY THE OWNERS OF THE PROPERTY AND THEREFORE MAY BE SUBJECT TO CHANGE AND ANY PROSPECTIVE PURCHASER SHOULD VERIFY THESE FACTS BEFORE PROCEEDING FURTHER.
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.
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About Sheepy Road, Atherstone
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