We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CV10 7SW
Listing removedReduced £2k (−1.7%) on 24 JulListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
“ wow ~ A perfect first time purchase or investment ?
” ***no onward chain*** We are delighted to present this attractively updated, second-floor apartment in a purpose-built block on Bermuda Park, Nuneaton.
Tucked away on a traffic-free frontage, it offers tranquil lake views to the front, efficient electric heating, double-glazed windows, allocated parking to the rear, and no onward chain.
Ideal as a first home for a couple or individual, or as an investment, the property comprises a welcoming communal hall with stairs to the second floor and a bright hallway leading to the kitchen.
The kitchen is a well-appointed space, fully fitted with matching units, a built-in oven and hob, and provisions for a fridge/freezer and washing machine, along with room for a dining table.
Beyond the hallway, the lounge is a relaxing retreat on the second floor, featuring double-glazed windows that frame the views, plus space for seating and internet connectivity.
The bedroom is a comfortable double, with double-glazed windows, electric heating, a fitted carpet, and wardrobe space.
The bathroom presents a contemporary suite with a WC, wash hand basin, and a bath with a shower attachment and tiled surround.
Externally, the property benefits from communal parking for one car, with additional visitor spots, and well-kept communal gardens. Viewings are by appointment only.
Service Charge £1,716 per year Ground Rent £126 per year Years Remaining 101years approx EPC Rating: C Lounge (5.5m x 3.5m) Kitchen/Breakfast Room (4.5m x 2.6m) Bedroom (4.2m x 2.7m) Bathroom (2.4m x 2.1m) Parking - Allocated Parking
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 Flat 2, 9 Marigold Walk, Nuneaton
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