1-bedroom flat · CV11 5JD
Listing removedListed 340 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom ground floor apartment. Gas central heating and double glazing. Hallway, lounge, fitted kitchen, bedroom and bathroom. Designated parking. NO CHAIN.
Lease - 26th September 2008, term - 125 years, 108 years remaining. Service and ground rent - £1215.00 per annum. Hallway Having a front entrance door, radiator and doors off.
Lounge 15' 10'' x 10' 0'' (4.82m x 3.06m) Having two radiators, double glazed windows to two elevations.
Fitted Kitchen 7' 5'' x 8' 8'' (2.26m x 2.64m) Having a matching range of fitted base units, drawers, wall mounted storage cupboards, working surfaces, integrated oven and hob, extractor hood, plumbing for washing machine and double glazed window.
Bedroom 8' 8'' plus recess x 9' 11'' (2.64m x 3.02m) Having a radiator, double built-in wardrobe and double glazed window.
Bathroom Having a modern white suite comprising a panelled bath with shower, shower screen, low level w/c, pedestal wash hand basin, radiator, built-in airing cupboard and double glazed obscure window.
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.
Area
Agent & docs
FAQ
About Borough Way, Nuneaton
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