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See how verdicts work2-bedroom bungalow · CV8 2RB
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom, mid-terraced bungalow, in a pleasant residential position with 70% ownership.
The retirement bungalow, with a qualifying age of 60 years has: rear communal gardens, open storm porch with useful storage cupboard, reception hallway, re-fitted kitchen, living/dining room, two bedrooms, wet room, well kept communal gardens, off road parking for 1 vehicle.
The retirement property is offered for sale with no chain. The property has a central heating boiler and double glazing.
Entrance - With a timber and tiled canopy porch, recessed light, meter and store cupboard for bins and recycling, composite frosted double-glazed composite front door with side screen leading to Hallway - With ceramic tiling to floor, cloakroom recess with radiator, hanging rail, wall-mounted electric isolation unit, built-in cupboard with slatted shelving housing the Vaillant condensing boiler servicing the hot water and central heating system vented through the roof, space and plumbing for washing machine.
Re-Fitted Kitchen - With flat panel soft close matching base and wall units, straight edge work surfaces, drawers, single drainer sink unit with mixer tap overlooking front elevation through Upvc window, ceramic tiled splash backs, four ring gas hob over with illuminated extractor hood and single electric oven below, track light, ceramic tiling to floor.
Integrated units including fridge/freezer and slimline dishwasher.
Lounge/Dining Room - With two matching double-glazed windows overlooking the southerly aspect rear garden with central door, feature fireplace with matching cream surround and inset electric fire with glow effect and remote control, t.v.
aerial point, radiator, central ceiling light point, central heating thermostat control, door to Inner Lobby - Access to insulated bordered loft space with ladder and power, central ceiling light, panelled door through to Double Bedroom One - With double glazed window overlooking the rear elevation, radiator, central ceiling light and space for wardrobes.
Bedroom Two - With double glazed window to front, radiator, ceiling light.
Wet Room - Fitted with high level w.c., wash hand basin, corner walk in shower area with half height shower screen and electric shower over with grab rails, mirrored vanity cabinet, opaque glazed window to front, towel rail, matching ceramic tiling to walls and floor, central ceiling light.
Rear Gardens - To the rear of the property, there is a communal garden with a delightful south-westerly aspect and an accessible private patio area with side access or through the bungalow.
Outside Front - To the front of the property there is a communal inset lawned fore garden and tarmacadam driveway with parking for 1 vehicle.
70% Ownership - 70 % OWNERSHIP What does 70% ownership mean?
The Midland Heart retirement scheme at Adcock Drive is specifically designed for those of 55 years and over, to purchase a bungalow for their own ownership and occupation at only 70% of the full market value.
There is no equity share and Midland Heart make no charge for the additional 30% that is owned by the housing association. There is a monthly maintenance charge to cover the services of maintenance.
Tenure - There is currently a monthly service charge of £150 pcm approx, to cover the services of the development.
The purchaser is responsible for paying circa £400 plus VAT for the grant of a new lease plus a document fee of £65.00 plus VAT.
Fixtures And Fittings - All fixtures and fittings as mentioned in our sales particulars are included; all others are expressly excluded.
Services - Mobile coverage EE Vodafone Three O2 Broadband Basic 2 Mbps Superfast 247 Mbps Ultrafast 1000 Mbps Satellite / Fibre TV Availability BT Sky Virgin
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 Adcock Drive, Kenilworth
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