We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CV3 6HF
Listing removedListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CLOSE TO THE CITY CENTRE & RAILWAY STATION. A nicely presented, one bedroom freehold maisonette.
Benefits from a fitted kitchen, gas central heating, a spacious lounge with feature fire, a double bedroom, a garden and private parking to the rear.
Currently subject to an assured shorthold tenancy agreement acheiving £775 per month. Energy Efficiency Rate 73 Band C.
Council Tax - Coventy - Band B Entrance/Approach The property is set behind a spacious paved patio area, with the front entrance located to the side.
Hallway The porch and hallway provides access to the lounge, bedroom, bathroom and the kitchen. There is also two store cupboards.
Lounge/Diner 5.415m at max x 4.405m at max - A spacious reception room with laminate flooring, two UPVC double glazed windows to the front aspect and two double panel radiators.
Bedroom 13' 3" x 10' 4" (4.042m x 3.146m) Carpet flooring, UPVC double glazed window to the rear aspect, and central heating radiator.
Bathroom Fully tiled to both walls and floor, featuring a panelled bath with electric shower over, low flush WC, and pedestal wash hand basin. UPVC double glazed window with obscured glass.
Kitchen 10' 4" x 6' 5" (3.154m x 1.959m) Tiled flooring with splashback wall tiling over work surface areas, stainless steel sink and drainer with cupboards beneath, and a further range of matching eye and base level units with drawers.
UPVC double glazed window to the rear aspect and plumbing for an automatic washing machine. Combination boiler.
Rear Garden A low-maintenance garden laid to paving with mature hedging to the boundary and a timber storage shed. There is parking to the rear, complete with bollards,
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 Michaelmas Road, Cheylesmore, Coventry, CV3
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