2-bedroom terraced house · CV11 4QN
Sold STCReduced £10k (−5.4%) on 24 MarListed 332 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom end terrace house with parking at front and rear. Gas central heating and double glazed windows. hall, lounge, kitchen, landing, shower room and wc. Gardens to front and rear.
In need of general modernisation, having considerable scope for extending (subject to planning). NO CHAIN.
Entrance Hall Having a front entrance door with side glazed screening, radiator and stairs to first floor.
Lounge 16' 10'' x 9' 11'' (5.14m x 3.03m) Having double glazed windows to front and rear elevations, feature fireplace with fitted gas fire and radiator.
Kitchen 16' 8'' x 12' 2'' max (5.09m x 3.72m) Having a range of fitted base units, working surfaces and wall mounted storage cupboards, inset double drainer stainless steel sink unit with mixer tap, two radiators, double glazed windows to front and rear elevations and door to....
Sheltered Walkway / Utility Having doors to front and rear elevations and door to.... Wc First Floor Landing Having a built in cupboard and double glazed window to rear elevation.
Bedroom 1 16' 10'' x 9' 4'' (5.13m x 2.85m) Having two radiators and souble glazed windows to front and rear elevations.
Bedroom 2 11' 1'' x 10' 2'' max (3.37m x 3.10m) Having a radiator, built in cupboard, access to roof space and double glazed window to front elevation.
Shower Room Having a shower cubicle with electric shower, wash hand basin with cupboard beneath, radiator, pvc walls and double glazed window to rear elevation.
Separate Wc Having a wall mounted 'Baxi' gas central heating boiler and double glazed window to rear elevation.
Outside There is a front garden with off road parking and generous sized rear garden, having a lawn, brick store shed and hardstanding to the rear suitable for caravan/vehicle parking.
We have been advised that the vendors have a right of way but this should be verified by the buyers solicitor.
Value & comps
No previous sales on record.
Returns
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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 Franklin Road, Nuneaton
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