2-bedroom flat · CV6 7PQ
Listing removedListed 100 days
Opportunity summary
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About
*** superb opportunity for those that meet the criteria *** 25% market discount *** Emma Sheridan is absolutely delighted to offer this very rare opportunity to purchase this fabulous ground floor flat.
Discount Market Sale Home Scheme - you pay 75% of the open market value for 100% ownership.
*** Please do check the criteria and information below before you enquire *** Criteria: *Available to local first time buyers, those setting up home following a relationship split, forces employees, people moving into the area for employment and key workers.
*The 75% price applies in perpetuity i.e when each of the low cost homes is sold it will always be at 75% of the market value.
*Buyer(s) must have a total household income at or below the average for Coventry ie £33,900 if a single person or £45,000 if joint - evidence required would be payslips or a letter of offer of a job showing the salary.
Buyer (s) live in Coventry or are moving to Coventry to take up employment or to be near relatives already resident within Coventry - evidence required would be something like a utility bill in the name of the purchaser, or, if moving to be near relatives, evidence of their address.
The property is not available for second home purchasers or buy to let investors, and must be occupied by the owner.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 1, Henton Court, Coventry
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