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See how verdicts work2-bedroom flat · CV1 2NP
For saleReduced £12.5k (−13.5%) on 5 SepListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* well apointed 2 bedroom ground floor flat * specifically for over 55's * refitted kitchen & shower room * residents car parking * no upward chain Welcome to this charming two-bedroom ground floor flat located in the desirable retirement complex of Sherbourne Court, situated on Stoney Road in Cheylesmore, Coventry.
This purpose-built flat is specifically for the over 55's offering a comfortable and convenient living space, perfect for those seeking a peaceful retirement lifestyle.
As you enter the property, you will find a well-proportioned bay windowed reception room that provides a warm and inviting atmosphere, ideal for relaxation or entertaining guests.
The flat features two bedrooms, allowing for ample personal space or the option to accommodate visitors. The shower room is thoughtfully designed to meet the needs of modern living.
One of the standout features of this property is the recently refitted kitchen, complete with a hob, and oven, which is both functional and stylish, making meal preparation a delight.
The flat is situated within walking distance of the city centre, providing easy access to local amenities and Coventry Railway Station, ensuring that everything you need is just a short stroll away.
Residents will also benefit from residents parking, adding to the convenience of this lovely home and well laid out lawned communal garden to relax quietly.
With no upward chain, this property is ready for you to move in and start enjoying your new lifestyle without delay.
The Ground Floor Flat is Leasehold with a 125 year lease having 113 years remaining and the Service Charge including the Building Insurance £130 per month. All services are connected apart from Gas.
Please note that lease details are for guidance purposes only and we would respectfully request that you seek clarification of the exact terms of the lease via your solicitor.
Entrance Hall Bay Windowed Lounge (4.25 x 3.20 (13'11" x 10'5")) Refitted Kitchen With Hob & Oven (3.20 x 2.00 (10'5" x 6'6")) Bedroom One (3.32 x 3.00 (10'10" x 9'10")) Bedroom Two (3.30 x 1.8 (10'9" x 5'10")) Shower Room Communal Car Parking Well Laid Out Lawn Communal Gardens No Upward Chain
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 1, Sherbourne Court, Stoney Road, Coventry
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