2-bedroom flat · CV31 3PF
Sold STCListed 356 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This handsome Victorian villa, converted into apartments back in 1987 (a memorable year for us Coventry City fans!), offers a wonderful opportunity to own a slice of period character at an appealing price.
Perfectly positioned, you can stroll to the Railway Station, Victoria Park, or the town centre in just five minutes — it’s no wonder this location is so sought-after. Parking is available on-street.
The large first-floor apartment may be a little rough around the edges, but it has fabulous bones and huge potential. With around 890 sq. ft.
of space, the layout can be easily reimagined to suit your needs, and the price point leaves plenty of room for adding value once refurbished.
With zero ground rent, an informal maintenance structure, 959 years remaining on the lease, and a share of the freehold, this is a leasehold property without the usual complications — a rare find indeed.
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 Avenue Road, Leamington Spa
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