2-bedroom flat · CV6 5PZ
For saleListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A lovely ground-floor two-bedroom property with a private patio is now available for sale, situated within a quiet and modern new-build neighbourhood in Coventry.
The property benefits from a 994-year lease remaining and is set in a peaceful residential development surrounded by a mix of houses and apartments.
The apartments also overlook a canal at the rear, adding to the pleasant surroundings.
Location & Transport; The development is conveniently located between two of Coventry’s major roads, Foleshill Road and Stoney Stanton Road, with easy access to surrounding roads and local amenities.
-Approximately 15–20 minutes’ walk from Coventry city centre -Excellent access to local bus services connecting to different parts of Coventry, including Coventry Train Station and the University of Warwick -Close to a variety of shops, supermarkets and petrol stations -Conveniently located near local schools -Adjacent to a lovely park, ideal for leisurely walks, outdoor activities and children to enjoy -This property offers a great combination of peaceful residential living, convenient transport links and easy access to the city centre and everyday amenities, making it an attractive option for homeowners and investors alike.
Call Oakmans today on to arrange your viewing. We have been advised by the owner that the property is Leasehold.
Lease Term - Approx 994 years remaining Ground Rent - £0 Service Charge - Approx £1189.31 Per Annum Council tax band is B Please note this should be verified by your Solicitors and Oakmans Estate Agents cannot be held responsible if the information is incorrect.
Anti-money Laundering Checks (aml) Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances.
These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract.
The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT).
This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable
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 APARTMENT 10, MATLOCK HOUSE, COVENTRY
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