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See how verdicts work2-bedroom flat · CV5 7AE
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Suzanne Regan Estate Agents is pleased to present this spacious two bedroom top floor duplex apartment, situated within the popular Broadmead Court development on Broad Lane, Coventry.
Offered for sale with no upward chain, the property benefits from its own garage and provides a fantastic opportunity for buyers looking to put their own stamp on a home in a well established and convenient location.
Having been lived in and enjoyed by the same owner for many years, the apartment is now ready for someone new to come along and make it their own.
Whilst the property would benefit from updating and modernisation throughout, it offers generous accommodation and plenty of potential to create a lovely home.
The property has a spacious lounge and dining room, providing plenty of room for both relaxing and entertaining, with access to a balcony overlooking Broad Lane.
The kitchen is separate and would benefit from replacement, giving the next owner the opportunity to design a modern space to suit their own taste.
The accommodation also includes two good sized double bedrooms and a bathroom, all of which would benefit from updating.
With rooms arranged over two levels, the duplex layout offers a lovely sense of space and makes this a particularly interesting opportunity for someone happy to take on a project.
Another great addition is the garage, offering useful parking or storage space, something that is always a welcome bonus.
Broadmead Court is situated in a popular part of Coventry, within easy reach of local shops, amenities and the vibrant Earlsdon area, known for its independent shops, cafés, restaurants and welcoming community feel.
Broad Lane also provides excellent access to the A45, which connects to the wider motorway network, making the location particularly convenient for commuters.
The property also benefits from a long lease, understood to have approximately 125 years remaining, which will be confirmed by the solicitors during the conveyancing process.
*Leasehold Information* Lease Length: Approximately 125 years remaining, subject to confirmation. Service Charge: Approximately £1,500 per annum. Ground Rent: Approximately £10 per annum.
Management: Owner run management company. All leasehold information and charges are provided as advised and should be verified by the purchaser's solicitor.
Offered with no upward chain, this is a great opportunity for first time buyers, downsizers or anyone looking for a property they can modernise and make their own.
Suzanne Regan Estate Agents highly recommends viewing to appreciate the space, location and potential this apartment has to offer.
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.
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FAQ
About 24 Broadmead Court, Coventry
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