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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

    © 2026 Prop AI DealsTermsPrivacyCookiesData protectionStatusContactClimate commitment
    1. Home
    2. Coventry properties
    3. 2 bed flat for auction in Vernons Mews, Nuneaton CV10
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    Vernons Mews, Black-A-Tree Road, Nuneaton, CV10 8DZ

    2-bedroom flat · CV10 8DZ

    1 bath
    Starting price
    £70,000
    Modern Method of AuctionBuyer's fee 6%

    For sale · Listed 3 days

    Chain free
    Investor metrics
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    Opportunity summary

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    About

    The property

    Being sold via Secure Sale online bidding. Terms & Conditions apply.

    Starting Bid £70,000 This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted.

    Ultimately a transparent process which provides speed, security and certainty for all parties.

    This spacious light and airy first floor flat is a corner flat with dual aspect outlook, spacious open plan lounge and kitchen, two bedrooms and bathroom, externally there is off road parking, the property is offered with no onward chain.

    EPC Rating: B Entrance Hall   Door to front, door to lounge, bedrooms and bathroom, built in cupboards.

    Open Plan Lounge   Double glazed windows to front & side, open plan to kitchen, electric heater.

    Kitchen   Double glazed windows to front, range of wall and base unit cupboards and drawers, one and quarter bowl stainless steel sink and drainer, plumbing for washing machine, integrated oven and hob, space for fridge/freezer.

    Bedroom 1   Double glazed window to side, electric heater. Bedroom 2   Double glazed window to side, electric heater.

    Bathroom   Panelled bath with mixer shower, low level Wc, wash hand basin. Parking   There is off road parking the rear of the property.

    Tenure   199 years lease from 29th September 2003 . 176 years remaining.

    (This must be confirmed with solicitors) Service charge £1,200 per annum, (This must be confirmed with solicitors) Ground Rent Peppercorn (This must be confirmed with solicitors) PLEASE NOTE THAT LEASE DETAILS ARE FOR GUIDANCE PURPOSES ONLY AND WE WOULD REQUEST THAT YOU SEEK CLARIFICATION OF THE EXACT TERMS OF THE LEASE VIA YOUR SOLICITOR.

    Special Notes   We have not tested the equipment, appliances, and services in this property.

    Interested applicants are advised to commission the appropriate investigations before formulating their offer to purchase. The measurements are supplied for guidance only.

    Only those items mentioned in these sales particulars are included in the sale. Ask agent regarding Rights & Restrictions.

    If you require the full EPC certificate, please contact us and we will email the EPC certificate to you.

    Money Laundering   We have in place procedures and controls, which are designed to forestall and prevent Money Laundering.

    If we suspect that a supplier, customer/client, or employee is committing a Money Laundering offence as defined by the Proceeds of Crime Act 2002, we will in accordance with our legal responsibilities disclose the suspicion to the National Crime Intelligence Service.

    Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

    Disclaimer   Cartwright Hands for themselves and the vendors of the property, whose agents they are give notice that these particulars, although believed to be correct, do not constitute any part of an offer or contract, that all statements contained in these particulars as to this property, are made without responsibility and are not to be relied upon as statements or representation of fact that they do not make or give any representation or warranty whatsoever in relation to this property.

    An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

    With regard to appliances and electrical installations, none of the items detailed have been tested and prospective purchasers should satisfy themselves with regard to their condition.

    Auctioneers Additional Comments   Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

    This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

    The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

    Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

    Auctioneers Additional Comments   The property is being sold via a transparent online auction.

    In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

    Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

    The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.

    The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.

    An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

    Legal Pack   A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.

    The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.

    It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

    Auctioneers Additional Comments   In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.

    The deposit will be a contribution to the purchase price.

    A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.

    The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

    Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.

    There is no requirement or indeed obligation to use these recommended suppliers or services.

    Chain free

    Key information

    Council tax band
    Band A
    Estimated ~£1,200/year
    Tenure
    Leasehold
    See leasehold details below
    Local authority
    Nuneaton and Bedworth
    District
    County
    Warwickshire County
    Lease remaining
    176 years
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    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.
    Auction

    What is it worth at the hammer?

    Auction intelligence

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    Returns

    What does it return?

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    Rent evidence
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    Local SA Market

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    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below starting price

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

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    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    4/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market3 days
    4/25
    —
    Seller motivation
    Not scored yet

    Days on market3
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    Still activeDay 3 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

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    Area

    The area

    Living here

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    Location
    More market detail▾
    CV10 · Live market data · flat only
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    Agent & docs

    Move it forward

    Listing agent
    Cartwright Hands, Coventry logo
    Cartwright Hands, Coventry
    listed on rightmove
    02475422479
    121-123 New Union Street, Coventry, CV1 2NT
    View on rightmove

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    Planning & investor docs
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    FAQ

    Questions

    About Vernons Mews, Black-A-Tree Road, Nuneaton, CV10 8DZ

    How much is Vernons Mews, Black-A-Tree Road, Nuneaton, CV10 8DZ?
    The starting price is £70,000.
    What kind of property is Vernons Mews, Black-A-Tree Road, Nuneaton, CV10 8DZ?
    A 2-bedroom flat in CV10 8DZ.

    Explore nearby

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