Modern Method of Auction
Auction date not yet published
1-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
This one bedroom ground floor apartment offers an excellent opportunity for first time buyers, professionals or investors looking for a conveniently located property in Coventry.
The accommodation comprises a comfortable living room, a separate bedroom and a bathroom, all arranged on the ground floor for ease of access.
Situated within the CV3 5ED area, the property benefits from access to local shops, everyday amenities, nearby schools and public transport links, with Coventry city centre also within convenient reach.
The living room provides a comfortable space to relax and unwind, with flexibility for both seating and everyday living.
The separate bedroom offers a private and practical sleeping area, while the bathroom completes the accommodation.
The ground floor position may appeal to buyers who prefer to avoid stairs, making this a practical option for a range of purchasers.
The apartment could also be of interest to investors seeking a property in an established residential area of Coventry.
The surrounding area offers a selection of local shops and convenience stores for everyday essentials, with additional shopping facilities available nearby.
Larger supermarkets, including Asda on Daventry Road, are within reach, while Coventry city centre provides a wider choice of high street retailers, supermarkets, cafés, restaurants and leisure facilities.
There are several schools in the surrounding area, including Howes Community Primary School, St Thomas More Catholic Primary School and Manor Park Primary School.
Further secondary education options include Finham Park School and Blue Coat Church of England School and Music College.
For commuters, local bus stops are available nearby, providing connections towards Coventry city centre and other parts of the city.
Coventry railway station is approximately 1.1 miles away and offers rail services to destinations including Birmingham and London.
The nearby road network also provides access to the A45 and wider routes across Coventry and the surrounding region.
Overall, this one bedroom ground floor apartment presents an opportunity for first time buyers or investors seeking a property in a convenient Coventry location.
With a living room, separate bedroom and bathroom, together with access to local amenities, shops, schools and transport links, it is well placed for everyday convenience.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
About Dillotford Avenue, Coventry
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