2-bedroom flat · CV10 7ED
Listing removedListed 177 days
Opportunity summary
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About
We are delighted to bring to market this modern two bedroom ground floor flat, with gated access and allocated parking, being close to local amenities, the M6, A444 and A5, and the George Elliot Hospital.
The property comprises:- Living Room 3.87m x 4.06m (12'6" x 13'3") Spacious living room, having timber double glazed front door, Videx intercom system for the access gate, together with electrical sockets, central heating radiator and phone and aerial points.
There is also a double glazed window, allowing lots of light in.
Kitchen 3.06m x 4.26m (10'0" x 13'9") There is a matching range of timber base units, with granite worktop, a Lamona electric oven, and a gas hob, together with a chimney extractor, and a timber double glazed door.
The kitchen also has plumbing for a washing machine, a single bowl stainless steel sink with chrome mixer tap and drainer, electrical sockets, and a central heating radiator.
The Baxi 800 boiler is situated in the kitchen.
Front Bedroom 2.95m x 3.11m (9'6" x 10'2") Front bedroom having double glazed window, walk in wardrobe with chrome rail, electrical sockets and a central heating radiator.
Back Bedroom 3.32m x 2.11m (10'8" x 6'9") Back bedroom having double glazed window, walk in wardrobe with chrome rail, electrical sockets and a central heating radiator.
Bathroom Good size family bathroom having bath with shower over by mixer tap attachment, and a glass screen, together with a low level white toilet, white pedestal handwash basin and chrome taps, a double glazed window, an extractor fan and a bulkhead light fitting.
There is also a central heating radiator, together with half tiling around the bath area, with a backsplash on the basin.
The property benefits from:- Having double glazing throughout, and an EPC rating 'C'. The property has full Fibre broadband (up to 1800mbps download speeds & 220mbps upload speeds).
Mains heating and hot water are supplied by gas-fired Baxi 800 combination boiler, still under warranty.
For phone reception, 'o2' - Great, 'Vodafone' - Great, '3' - Great, 'EE' - Great There are excellent transport links to the A5, together with M6 and A444 networks, with the George Eliot Hospital approximately 1.5 miles away.
Flood risks Surface Water - Very low Risk between 2040 and 2060 - Very low Rivers and the Sea - Very low Risk between 2036 and 2069 - Very Low Groundwater - The property is outside of a groundwater flood alert area Reservoirs - The property is 'Unlikely' to suffer flooding from reservoirs The lead local flood authority (LLFA) is Warwickshire County Council Lease We understand from the vendor that there is a 125 year Lease, dated 27th August 2004 (103 years remaining unexpired) and that the Lease has not been renewed before.
Service charge - £1,004.00/PA Ground rent - £125.00/PA We understand from the vendor that both the ground rent and service charge are payable bi-annually.
Viewing and Enquiries Strictly by appointment, through the sole agents, Course & Shelton Limited.
Consumer Protection from Unfair Trading Regulations (2008) All statements contained within these particulars are believed to be correct, but their accuracy is not guaranteed nor do they form any part of any contract or warranty.
Interested parties should note: all dimensions, distances and floor areas are approximate and are given for guidance purposes only; information on tenure has been provided to us in good faith by the vendor/lessor of the property; prospective purchasers/lessees are strongly recommended to have this information verified independently; information on rating assessments and town and country planning matters have been obtained by verbal enquiries from the appropriate Local Authority and prospective purchasers/lessees are recommended to obtain written confirmation from the Local Authority prior to entering into any commitment to purchase/lease; all information on the availability of main services is based on information supplied by the vendor/lessor; all other statements regarding service installations, including apparatus, fixtures and fittings do not warrant the condition or serviceability of the items referred to.
Information relating to mobile phone coverage and broadband coverage has been sought from Ofcom. Information relating to flood risks has been sought from the 'Gov.uk Flood Risk Service'.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Croft Road, Nuneaton, Warwickshire, CV10
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