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 work2-bedroom terraced house · CV5 9FG
Listing removedListed 188 daysAuction 16 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** IN THE ROOM AND LIVESTREAM AUCTION ** To be sold via Public Auction on Thursday 16th July 2026 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.
GUIDE PRICE: £120,000 - £130,000 2 bedroom, mid terrace property in sought after location. Requiring some redecoration. An ideal investment opportunity.
NOTE Prospective buyers are advised that the property includes a partial flying freehold, as the area beneath the staircase incorporates a WC which is accessed via the adjacent hair salon.
This may affect mortgageability and/or future maintenance obligations. Interested parties are strongly advised to make their own enquiries and seek legal advice prior to bidding.
ACCOMMODATION GROUND FLOOR Lounge: 14 ft 1 in x 11 ft 7 in Dining room: 9 ft 9 in x 9 ft 3 in Kitchen: 7 ft 5 in x 5 ft 2 in FIRST FLOOR Bedroom 1: 14 ft 9 in x 10 ft 5 in Bedroom 2: 12 ft 5 in x 7 ft 5 in Wet room/shower: OUTSIDE Front: Garden.
Rear: Yard and outside W.C. On street parking. SERVICES AND HEATING Mains gas, electricity, water and sewage are supplied to the property.
(No tests have been carried out and we are therefore unable to confirm connections.) Gas central heating. EPC RATING - D COUNCIL TAX BAND - D TENURE Freehold with vacant possession.
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT) Buyers Premium: £1,800 (£1,500 plus VAT) Please see the legal pack for any further costs.
Tenure: See Legal Pack Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 2 Washbrook Lane, Allesley, Coventry, West Midlands CV5 9FG
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