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See how verdicts work2-bedroom flat · CV1 2BF
For saleReduced £10.5k (−9.5%) on 9 OctListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Practical opportunity for buyers looking for a conveniently located home or investment property.
The accommodation includes a carpeted entrance hallway leading into a combined kitchen and living area, with tiled flooring to the kitchen, wooden cupboards and tiled splashback.
The apartment offers two carpeted bedrooms, with the main bedroom providing space for a double bed and bedroom furniture, while the second bedroom offers useful additional space.
The bathroom features tiled walls, a white three piece suite and shower over the bath.
Situated within easy reach of Coventry city centre, the property benefits from access to local shops, schools, Coventry University and everyday amenities.
Road links provide convenient access towards the A444, M6 and surrounding areas, while Coventry railway station is also within easy reach.
Compact and in need of some updating, the apartment offers scope for improvement and the opportunity for a buyer to put their own stamp on the property.
Internal Hallway (3.76m x 1.22m (12'4 x 4'0)) Kitchen/Living Room (3.40m x 3.84m (11'2 x 12'7)) Bathroom Bedroom 1 (4.17m x 2.74m (13'8 x 9'0)) Bedroom 2 (3.35m x 2.72m (11'0 x 8'11)) Outside Balcony/Communal Area
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
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FAQ
About 17 Ardea Court, David Road, Coventry
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