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See how verdicts work2-bedroom flat · CV5 8AL
For saleReduced £5k (−5.3%) on 29 SepListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Evans Estates is delighted to present this charming two-bedroom ground floor apartment located on Overdale Road in Coventry.
This well-appointed apartment offers a comfortable living space, perfect for individuals or small families seeking a convenient home.
(The seller of this property is related to a member of staff at Evans Estates) Upon entering, you are welcomed by an inviting entrance hall that leads to a spacious lounge, ideal for relaxation or entertaining guests.
The property boasts a refitted kitchen, which is both modern and functional, providing an excellent space for culinary pursuits.
The maisonette features two well-sized bedrooms, ensuring ample room for rest and privacy. Additionally, the refitted shower room adds a touch of contemporary style and convenience.
The property benefits from electric heating and double glazing, ensuring warmth and energy efficiency throughout the year.
With approximately 76 years remaining on the lease, this maisonette presents a solid opportunity for both first-time buyers and investors alike.
The annual ground rent is set at £50, while the service charge is approximately £1,100, covering the maintenance of the shared gardens and communal areas.
Externally, residents can enjoy the shared gardens, providing a pleasant outdoor space to unwind.
This property is ideally situated, offering easy access to local amenities and transport links, making it a practical choice for those looking to settle in Coventry.
In summary, this two-bedroom ground floor apartment on Overdale Road is a delightful opportunity for anyone seeking a comfortable and well-located home.
With its modern features and shared outdoor space, it is sure to appeal to a wide range of buyers.
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 20, Overdale Road, Coventry
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