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See how verdicts work2-bedroom flat · CV6 1QJ
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Suzanne Regan Estate Agents is proud to present this beautifully presented first-floor, two-bedroom retirement apartment, exclusively for the over 55s, situated within the highly sought-after St Catherine's Lodge on Lammas Road, Coundon.
Offering spacious, light-filled accommodation, a welcoming community atmosphere and the added advantage of a 90-year lease extension currently underway, this is an outstanding opportunity for those looking to downsize without compromise.
Accessed via both lift and stairs, the apartment has been tastefully decorated throughout and offers well-proportioned accommodation designed for comfortable, low-maintenance living.
The bright and spacious lounge enjoys an attractive bay window overlooking the rear of the development, flooding the room with natural light and providing an ideal space to relax or entertain.
The adjoining kitchen is well equipped with integrated appliances and offers additional space for freestanding appliances, creating a practical and functional layout.
There are two well-proportioned bedrooms, offering flexibility for sleeping accommodation, guests or a hobby room or study.
Completing the accommodation is a modern bathroom fitted with a walk-in shower, providing both style and ease of accessibility.
Residents of St Catherine's Lodge enjoy a friendly and sociable environment with the benefit of a communal residents' lounge, lift access to all floors and an on-site warden available four days a week, offering added reassurance and peace of mind.
Ideally located close to The Holyhead, Alvis Retail Park and an excellent range of local shops, amenities and transport links, the development is perfectly positioned for convenient day-to-day living while remaining within easy reach of Coventry city centre.
A key benefit of this property is that the seller has already commenced the process of extending the lease by an additional 90 years, with a solicitor instructed and the extension currently underway.
Once completed, this will provide the new owner with the benefits of a significantly longer lease, enhancing the property's long-term appeal.
The current service charge is approximately £278.33 per calendar month (to be verified by the purchaser's legal representative).
Offered for sale with no onward chain, this exceptional retirement apartment is ready for its next owner to move straight in and enjoy.
Early viewing is highly recommended to fully appreciate everything this wonderful home and development have to offer.
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 St. Catherines Lodge, Lammas Road, Coventry, West Midlands
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