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 work3-bedroom terraced house · CV1 3BU
Sold STCListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THREE BEDROOMS... VACANT... NO UPWARD CHAIN... BASED OVER THREE FLOORS... CLOSE TO COVENTRY CITY CENTRE... PERFECT FOR A FAMILY HOME... GREAT INVESTMENT OPPORTUNITY... LARGE REAR GARDEN.
Located on Barras Lane in Coventry, this larger than average mid-terrace property presents an excellent opportunity for both families and investors.
With three spacious bedrooms spread across three floors, this property is ideally situated close to the city centre, ensuring easy access to a variety of local amenities.
Upon entering, you will find two inviting reception rooms that offer ample space for relaxation and entertaining.
The layout is perfect for family living, providing a comfortable environment for both everyday life and special occasions.
The house is currently vacant, allowing for immediate occupancy or renovation to suit your personal taste.
While the property is in need of some refurbishment, it boasts significant potential to become a charming family home or a lucrative investment.
Could even be split (subject to local planning permissions).
The double-glazed windows and gas central heating ensure a warm and energy-efficient living space, making it a practical choice for modern living.
On-street parking is available, adding to the convenience of this well-located home.
Whether you are looking to settle down in a vibrant community or seeking a promising investment opportunity, this property on Barras Lane is worth considering.
Embrace the chance to transform this house into your ideal home or a valuable addition to your property portfolio. We have the key - give us a call now to book your viewing!
Approach - Having walled fore garden with beds and paving that leads to a step up and in through the storm porch and front door into the: Entrance Hallway - Having stairs that lead to the first floor and door that leads into the: Living Room - 3.89m x 3.15m (12'9 x 10'4) - Having a PVCu double glazed bay window to the front elevation and opening to the: Dining Room - 3.61m x 3.43m (11'10 x 11'3) - Having a PVCu double glazed window to the rear elevation, storage cupboard and doorway that leads to the: Kitchen / Dining Room - 5.33m x 2.34m (17'6 x 7'8) - having two PVCu double glazed windows to the side elevation, door that leads to the rear garden area, a range of wall, base and drawer units with roll top work surface over, space and plumbing for a washing machine, space for a table and chairs, space for a fridge freezer and tiling to all splash prone areas.
First Floor Landing - Having stairs leading off to the first floor, steps leading down to the rear hallway with a PVCu double glazed window to the side elevation.
There are also doors leading off to: Bedroom One - 4.37m x 2.97m (14'4 x 9'9) - Having two PVCu double glazed windows to the front elevation.
Bedroom Two - 3.63m x 2.62m (11'11 x 8'7) - Having a PVCu double glazed window to the rear elevation. Wc - (Not Measured) Having a low level flush WC, wash hand basin and tiling to splash prone areas.
Bathroom - 2.36m x 2.36m (7'9 x 7'9) - Having a PVCu double obscure glazed window to the side elevation, panel bath with shower over, low level flush WC and pedestal wash hand basin wit tiling to splash prone areas.
Second Floor Landing - Having PVCu double glazed window to the rear elevation, landing and door that leads to the: Bedroom Three - 3.61m x 3.43m (11'10 x 11'3) - Having a PVCu double glazed window to the rear elevation, built-in cupboard and eaves storage off.
Rear Garden - Having a fenced and walled perimeter with various plants, hedging and paved patio area. We are led to believe that the council tax band is band C.
This can be confirmed by calling Coventry City Council. Energy Performance Certificate rating (EPC) is C.
PLEASE NOTE:- To adhere to the Money Laundering Regulations 2007 Act, we are duty bound to carry out checks on all of our clients to confirm their identity.
In line with legal requirements, all purchasers who have an offer accepted on a property being sold by Matthew James Property Services Limited must complete an identification check.
To carry out these checks, we work with a third party specialist provider and a fee of £25.00 plus VAT per purchaser is payable in advance once an offer has been agreed and before a Memorandum of Sale can be issued.
Please also note that this fee is non refundable under any circumstances.
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
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
Agent & docs
FAQ
About Barras Lane, Coventry *VACANT & BASED OVER THREE FLOORS *
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