3-bedroom terraced house · CV6 7BA
Sold STCListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A larger than average mews style home situated on the far northern outskirts of the city, in a peaceful cul-de-sac, overlooking parkland.
Offered with immediate vacant possession the property will require full redecoration however offers great scope to personalize an ideal family sized home, suited to first time buyers.
A broad coloured block paved driveway creates valuable off-road parking leading to a 23ft long garage. The rear garden is fully enclosed, not overlooked, enjoying a very sunny aspect.
Briefly comprising of an entrance hall, spacious lounge/diner, breakfast kitchen, cloakroom, three excellent bedrooms, bathroom and separate WC. INTERESTED?
THEN PLEASE CALL TODAY TO BOOK YOUR VIEWING.
SETTING Mill Race Lane is a very pleasant side-road, to the northern side of the city, being a much sought after location, close to the River Sowe and Longford Park.
Locally, there are a good selection of daily amenities including shops, various schools and regular bus services and the position is ideal for access to junction 3 of the M6 motorway together with the CBS Arena and shopping park alongside.
ON THE GROUND FLOOR ENTRANCE HALL 2m x 1.45m 6’7 x 4’9 LOUNGE/DINER 6.6m x 3.25m 21’8 x 10’8 BREAKFAST KITCHEN 4.06m x 2.74m 13’4 x 9’ CLOAKROOM 1.24m x 1.02m 4’1 x 3’4 ON THE FIRST FLOOR BEDROOM NO.1 3.8m x 3.43m 12’6 x 11’3 BEDROOM NO.2 3.84m x 2.3m 12’7 x 7’7 BEDROOM NO.3 3.45m x 2.29m 11’4 x 7’6 BATHROOM 2.3m x 1.75m 7’7 x 5’9 SEPARATE WC 1.75m x 0.76m 5’9 x 2’6 OUTSIDE GARAGE 7.06m x 2.3m 23’2 x 7’7 min VALUATION OPPORTUNITY yourdreampad is a select, boutique estate agency located on the Holyhead Road, Coundon, brought to you by Richard and Molly Yeoman, offering a high quality, honest and fully transparent service, where attention to detail, outstanding communication and organisational skills are our priority.
Honest and accurate free appraisals of your home with will be conducted by Richard.
With over 35 years’ experience in the industry he has an unrivalled understanding of the conveyancing process; mortgages and surveys to help resolve any difficulties during the sale transaction.
OFFER PROCEDURE Before contacting a building society, bank or solicitor you should make an offer to yourdreampad, as any delay may result in the sale being agreed to another party, thus incurring unnecessary costs.
Under the Estate Agency Act 1991, you will be required to provide financial information in order to verify your position before we can recommend your offer to the seller.
We will require proof of identification in order to adhere to Money Laundering Regulations.
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 Mill Race Lane, LONGFORD, Coventry, CV6
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