1-bedroom flat · CV9 1JN
Sold STCListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This impressive ground floor apartment forms part of The Cloisters, an attractive and characterful conversion set within a striking former chapel-style building in the heart of Atherstone.
Offering 459 sq ft of well presented accommodation, the property combines charming period architecture with modern day practicality and benefits from excellent accessibility.
The accommodation briefly comprises an entrance hall, a spacious open plan living room/kitchen extending to over 17ft in length, a double bedroom and a bathroom.
Externally, the development enjoys well maintained communal surroundings together with residents’ off road parking.
The Cloisters is a distinctive and well regarded development conveniently situated within walking distance of Atherstone town centre, local amenities and the railway station, making it an ideal purchase for first time buyers, downsizers or investors alike.
Location - Flat 2, The Cloisters is situated in a convenient central position on North Street in the popular Warwickshire market town of Atherstone.
The property is within walking distance of the town centre, which offers a range of everyday amenities including supermarkets, independent shops, cafés, restaurants and leisure facilities.
Atherstone railway station is also easily accessible, providing direct services to Birmingham and Nuneaton, making the location well suited for commuters.
The property benefits from excellent road links via the A5, M42 and M6, offering straightforward access to the Midlands motorway network and surrounding commercial centres.
Travel Distances Tamworth – 7 miles Nuneaton – 6 miles Coventry – 15 miles Birmingham – 20 miles East Midlands Airport – 24 miles Birmingham Airport – 18 miles Accommodation Details - Entered via a secure communal entrance, Flat 2 is positioned on the ground floor of this striking character conversion and offers well proportioned accommodation throughout.
The apartment opens into an entrance hall which provides access to all principal rooms together with a useful airing cupboard/storage cupboard.
There is an impressive open plan living space incorporating both the lounge and kitchen areas.
The living room enjoys excellent natural light through tall feature windows in keeping with the building’s original design, whilst also providing ample space for both seating and dining furniture.
The kitchen is fitted with a range of wall and base units incorporating work surfaces, inset sink and drainer, oven, hob and appliance spaces.
The double bedroom is generously sized and benefits from a continuation of the property’s bright and airy feel, with space for freestanding bedroom furniture.
Completing the accommodation is the bathroom, fitted with a white suite comprising a panelled bath with shower over, wash hand basin and WC.
Outside - Externally, The Cloisters stands within attractive communal grounds and benefits from residents’ off road parking, all conveniently positioned within easy reach of Atherstone town centre.
Viewing Arrangements - Strictly by prior appointment via the agents Howkins & Harrison Tel:01827-718021 Option 1 Tel:01530-410930 Option 1 Daventry- Tel:01327-316880.
Local Authority - North Warwickshire Borough Council - Tel:01827-715341 Council Tax - Band - A Agents Note - Additional information about the property, including details of utility providers, is available upon request.
Please contact the agent for further details.
Tenure & Possession - The property is freehold with vacant possession being given on completion Fixtures And Fittings - Only those items in the nature of fixtures and fittings mentioned in these particulars are included in the sale.
Other items are specifically excluded. None of the appliances have been tested by the agents and they are not certified or warranted in any way. Services - None of the services have been teste.
We are advised that the property benefits from main water, drainage and electricity are connected to the property.
The central heating is gas fired Floorplan - Howkins & Harrison prepare these plans for reference only. They are not to scale. Additional Services - Do you have a house to sell?
Howkins and Harrison offer a professional service to home owners throughout the Midlands region. Call us today for a Free Valuation and details of our services with no obligation whatsoever.
Important Information - Every care has been taken with the preparation of these Sales Particulars, but complete accuracy cannot be guaranteed.
In all cases, buyers should verify matters for themselves. Where property alterations have been undertaken buyers should check that relevant permissions have been obtained.
If there is any point, which is of particular importance let us know and we will verify it for you. These Particulars do not constitute a contract or part of a contract.
All measurements are approximate. The Fixtures, Fittings, Services & Appliances have not been tested and therefore no guarantee can be given that they are in working order.
Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. Plans are provided for general guidance and are not to scale.
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
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FAQ
About North Street, Atherstone, CV9
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