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See how verdicts work2-bedroom flat · CV3 6AD
For saleReduced £10k (−5.6%) on 26 OctListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a sought after location, opposite War Memorial Park and within walking distance to the City Centre as well as the Train Station.
This two bedroom second floor apartment is ideal for First Time buyers as well as investors.
The accommodation features: entrance hall, lounge, fitted kitchen, two bedrooms and bathroom, externally there is well maintained communal gardens as well as a single garage and off road parking.
The property further benefits from an internal Management Company. The property is offered with no onward chain. The furniture is available for sale by separate negotiation.
EPC Rating: C Communal Entrance With staircase to the second floor. Hall Door to front, doors to bedrooms, kitchen & lounge, radiator.
Lounge Double glazed window to rear over looking communal gardens and beautiful views towards War Memorial Park, space for dining table, TV point, radiator.
Kitchen Double glazed window to rear over looking the communal gardens, range of wall and base unit cupboards and drawers, one and quarter bowl stainless steel sink and drainer, plumbing for washing machine, space for fridge/freezer, cooker point with cooker hood, cupboard housing wall mounted gas central heating boiler.
Bedroom One Double glazed window to front, built in wardrobes, radiator. Bedroom Two Double glazed window to front, built in wardrobe, radiator.
Bathroom Panelled bath with electric shower, low level WC, wash hand basin, heated towel rail.
Communal Gardens There are communal gardens to the front and rear of the property with lawn and mature trees.
Garage/Parking There is a single garage as well as communal parking spaces to the front of the building, also a brick built shed/storage unit allocated to the apartment.
Tenure We understand that at present there are 80 years remaining on the Lease. The vendor has advised that a further 90 years will be added to lease on completion.
(This must be confirmed with solicitors). Service charges £1,680 per annum and Ground rent £5.00 per annum (This must be confirmed with solicitors).
Special Notes We have not tested the equipment, appliances, and services in this property.
Interested applicants are advised to commission the appropriate investigations before formulating their offer to purchase. The measurements are supplied for guidance only.
Only those items mentioned in these sales particulars are included in the sale. Ask agent regarding Rights & Restrictions.
If you require the full EPC certificate, please contact us and we will email the EPC certificate to you.
Money Laundering We have in place procedures and controls, which are designed to forestall and prevent Money Laundering.
If we suspect that a supplier, customer/client, or employee is committing a Money Laundering offence as defined by the Proceeds of Crime Act 2002, we will in accordance with our legal responsibilities disclose the suspicion to the National Crime Intelligence Service.
Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Disclaimer Cartwright Hands for themselves and the vendors of the property, whose agents they are give notice that these particulars, although believed to be correct, do not constitute any part of an offer or contract, that all statements contained in these particulars as to this property, are made without responsibility and are not to be relied upon as statements or representation of fact that they do not make or give any representation or warranty whatsoever in relation to this property.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
With regard to appliances and electrical installations, none of the items detailed have been tested and prospective purchasers should satisfy themselves with regard to their condition.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Adare Drive, Coventry, CV3
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