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See how verdicts work1-bedroom flat · CV1 2EA
For saleReduced £20k (−16.7%) on 30 JunListed 347 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reeds Rains Coventry are delighted to present this one bedroom apartment, situated on the sixth floor within the highly desirable Triumph House development offered with no onward chain.
This property was previously Two bedrooms and offers 92 square meters .The development is renowned for its high level of security, featuring secure entry phone systems in each apartment and a concierge service.
The property benefits from an excellent location within walking distance of Coventry City Centre and the train station, providing convenient access to a range of local amenities and transport links.
The accommodation comprises an entrance hallway, a spacious lounge/dining room with a balcony overlooking the rear, a fitted kitchen, a well proportioned bedroom with an en-suite, and a separate bathroom.
EPC band C and council tax band C. 100 Years remaining on the lease.
Service Charge £3500.00 per annum Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. COV250314/8 Entrance Hall Storage cupboard and boiler cupboard.
Lounge/ Dining Room 6.55m max x 4.57m max - Window to the rear. Doors leading to the balcony overlooking the rear of the apartment.
Fitted Kitchen (2m x 2.64m (6' 7" x 8' 8")) Range of base and overhead units. Integrated washing machine, dishwasher and fridge freezer, single sink and electric hob with oven.
Double Bedroom -Dressing Room 5.9m max x 3.33m max - Window to the rear. Range of fitted wardrobes. Ensuite Shower Room Shower cubicle, wash hand basin and w.c. Bathroom Bath, wash hand basin and w.c.
Allocated Parking Space Leasehold 100 years remaining on the lease. Service charge £3500 per annum. Ground rent £250 per annum.
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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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.
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FAQ
About 40 Triumph House,, Manor House Drive, Coventry
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