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See how verdicts work3-bedroom bungalow · CV8 3BA
For saleReduced £50k (−11.8%) on 25 OctListed 434 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION The subject property comprises a modern brick construction bungalow which was originally constructed as an ancillary residential dwelling in connection with the ongoing garden centre and plant nursery which is attached to the rear of the subject site.
The property was originally constructed with an agricultural tie due to the commercial nature of the site.
The property is set over the ground floor only and provides for a main entrance area, three bedrooms, one with an ensuite, separate shower room, kitchen and living room together with utility areas.
a main bathroom, front garden room and a UPVC double glazed conservatory to the rear. There is also a large modern garage to the rear of the site.
The property is of modern brick construction beneath a pitched interlocking concrete tiled roof covering.
The property has timber fascia's, soffits, PVC rainwater goods and all windows are UPVC double glazed throughout.
The site has a privately accessed, gated and gravel driveway which links with a tarmacadam surfaced driveway providing access to the commercial areas of the site.
The property also incorporates a large garden.
RESTRICTION The occupancy of the dwelling shall be limited to persons solely or mainly employed or last employed locally in agriculture TERMS The premises are available to purchase on a Vacant Possession basis.
or The premises are available To Let by way of a New Lease on terms to be agreed PRICE £425,000 (Four Hundred and Twenty Five Thousand Pounds) RENT £1,300 (One Thousand Three Hundred Pounds) Per Calendar Month EPC (ENERGY PERFORMANCE CERTIFICATES) A copy of the existing building's Energy Performance Certificate can be obtained from the Agents SERVICES We understand that mains electricity, gas, water and drainage are connected to the premises.
However, we recommend that interested parties contact the relevant service providers to confirm this. VAT Prices are quoted exclusive of Value Added Tax (VAT).
LEGAL COSTS Each party will be responsible for their own legal costs incurred in this transaction. VIEWING Strictly by prior appointment with the Sole Agents Musson Liggins Ltd.
CONTACT Matthew Wade BSc (Hons) MRICS
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
FAQ
About Twelve Ash Lodge, Stoneleigh Road, Coventry, West Midlands, CV8
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