2-bedroom flat · CV6 1PY
For saleListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***CURRENTLY ACHEIVING £9900PA*** A modern two double bedroom apartment in a popular development close to the City Centre and local amenities, which benefits from gas central heating and double glazing throughout.
Comprises of a spacious lounge, fitted kitchen which includes a range of wall and base units with gas hob and electric oven.
There is a modern part tiled bathroom with white suite, to include walk in shower, W/C and hand wash basin. Other features include secure telephone entry system and allocated parking.
Can be offered with existing tenants or with vacant possession. Lounge - 5.29m x 3.23m (17'4" x 10'7") - Double glazed bay window to front, spacious lounge with carpet.
Kitchen - 2.57m x 3.47m (8'5" x 11'5") - Dual aspect windows, generously sized kitchen with a range of wall and base units and integrated gas hob and electric oven.
Bedroom 1 - 2.65m x 3.47m (8'8" x 11'5") - Double glazed window to side, large double bedroom with carpet.
Bedroom 2 - 3.98m x 3.47m (13'1" x 11'5") - Double glazed window to side, large double room with two built in wardrobes.
Bathroom - 2.19m x 1.93m (7'2" x 6'4") - Modern tiled bathroom with walk in shower, W/C and hand wash basin. Viewings - Viewings are strictly by appointment only via Archer Bassett.
Tenure - Leasehold - The agent has been informed that the property is offered leasehold however any interested party should obtain confirmation of this, along with any ongoing associated costs such as ground rent and service charges, via their own solicitor or legal representative.
Any costs stated in these particulars have been provided by the vendor and have not been verified by the agent. Agent Notes - 1.
Anti-Money Laundering (AML) Regulations – All named purchasers and anyone gifting funds will be asked to produce identification documentation before proceeding to instruction of solicitors and we would ask for your co-operation in order to proceed to agreeing the sale as soon as possible.
2. Source of Funds - All named purchasers and anyone gifting funds will be asked to produce evidence of the source of their funds before proceeding to instruction of solicitors. 3.
These particulars do not constitute part or all of an offer or contract. 4.
Any measurements indicated are intended for guidance only and as such must not be relied upon and any interested parties are advised to confirm any measurements before committing to any offer. 5.
Archer Bassett has not tested any equipment, appliances, fixtures, fittings or services.
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
FAQ
About Cole Court, Coundon Road, Coventry
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