2-bedroom flat · CV1 3AE
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern first-floor apartment offered for sale on a shared ownership basis, situated in a convenient location within easy reach of Coventry City Centre and Alvis Retail Park.
The property is currently available through Clarion Housing and is offered for sale at £125,000 to include the option to purchase a 100% interest, subject to the relevant eligibility criteria and landlord approval.
Situated within a secure development with communal entrance, the apartment benefits from double glazing, gas-fired central heating and an allocated car parking space.
The accommodation briefly comprises reception hall, open-plan living/kitchen with a range of fitted units and built-in appliances, two bedrooms, en-suite shower room and separate bathroom.
For the 50% share, the current monthly charges are £302.62 rent and £176.61 service charge, giving a combined monthly cost of £479.23, excluding utilities and other household costs.
An excellent opportunity for a first-time buyer looking to purchase a modern two-bedroom apartment with the added benefit of shared ownership and convenient access to the city centre and local amenities.
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 Holyhead Road, Coundon, Coventry, CV1
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