2-bedroom terraced house · CV6 5NU
Listing removedListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***executive 2 bedroom end terrace with 2 parking spaces*** Popular paragon park Development in prime location CV6.
Excellent amenities; access to city centre, The cbs (ricoh) Arena, gallagher Retail Park, Road/Transport Links and plenty More...
***available 1st October*** ***executive Homes*** Modern executive 2 bedroom end terrace with 2 parking spaces at desirable paragon Park, a popular development in prime location CV6 boasting excellent amenities; access to city centre, The cbs (ricoh) Arena, gallagher Retail Park, Foleshill Road Shopping Parade, Road/Transport links (A444, M6, Bedworth, Keresley, Nuneaton etc), local schools and plenty More...
Beautifully presented, specification includes: - 2 double bedrooms (Master with storage) - Front facing lounge - Kitchen diner - Downstairs cloakroom - Family bathroom with shower - 2 W/c's - Rear garden - off street parking for 2 cars Ideally suited to a single occupant, a couple, small family or two sharers.(No students).
***view & reserve it for 1st October*** Contact MAISON Estates Application payments: If you wish to apply to rent a property through Maison Estates Ltd (the Agent), then you are required to pay a holding deposit which is equivalent to one weeks rent which is payable upon application.
It can be retained by the Agent to cover administration costs if the tenant withdraws, fails Right to Rent checks, imparts false or misleading statement or fails to take reasonable steps to enter into a tenancy.
The holding deposit forms part of the first month's rent should the tenancy proceed.
Should the Landlord or Agent withdraw from the application, then this sum will be refunded to the tenant within 7 days of withdrawal.
Security Deposit will be capped at 5 weeks rent for rents of up to £50,000 per annum.
The following payments are permitted during terms of tenancy: Substitution of tenant: £50.00 and/or reasonable administration costs as advised at time of request.
Changes to terms and conditions of a tenancy: £50.00 and/or reasonable administration costs as advised at time of request.
Early termination of tenancy: The tenant is liable to pay the landlord's agency set-up costs to remarket the property and facilitate a new tenancy.
This cost is payable to the agent in advance of remarketing. Lost keys or security devices: Tenants are liable for actual costs of replacing lost keys or other security devices.
If the loss results in changing of lock(s), the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord and any other parties requiring keys will be charged to the tenant.
Any associated extra costs will be chargeable at £15 per hour.
Rent arrears: Interest on rent arrears will be charged at 3% above the Bank of England base rate and levied once the rent is over 14 days late.
Tenancies created prior to 1/6/19 are still subject to a contract renewal fee of £50.00 until 31/5/2020. Providing a written reference to prospective landlord or agent: £65.
MAISON Estates operating hourly rate is £85 which may be used to ascertain costs for changing terms and conditions to a tenancy where requested by a tenant.
(All costs and fees are inclusive of VAT.) For information: MAISON Estates are members of the nla (National Landlords Association) and UKALA (UK Association of Letting Agents).
Our clients are protected by 'Client Money Protection' (membership No: 150839) cover with CM Protect which is an insurance cover that protects landlords and tenants against the theft of their money, whilst in the custody and control of an agent.
The limits of compensation that CM Protect provides to landlords and tenants of UKALA members are: A maximum of £500,000 any one incident of theft committed by a UKALA member.
A maximum of £25,000 to any one landlord or tenant.
This cover is for theft of clients money, which is the care, custody or control of the insured (a UKALA member) by a Principal, Partner, Director or Shareholder (acting on behalf of the member).
MAISON Estates are members of a redress scheme with The Property Ombudsman (TPO) Ltd (Membership No: D7316), Milford House, 43-45 Milford Street, Salisbury, Wiltshire, SP1 2BP. Tel: .
Disclaimer for virtual showings: If you rent a property based solely on a virtual showing then MAISON Estates Limited will not accept liability for any anomalies in the information supplied, including but not limited to, video and images.
Should you submit an application to rent a property then you accept that any representations made in relation to the property are based on virtual information only provided by the landlord to MAISON Estates Limited.
You are advised to undertake further enquiries and a physical showing if in any doubt prior to application to rent a property. Consult MAISON Estates Limited for any further information.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 33, Chelmsford Drive, Coventry
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