2-bedroom flat · CV21 1FR
Sold STCListed 317 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious two bedroom top floor apartment boasts modern and stylish living accommodation, combined with a superb location within easy walking distance of the train station and leisure and retail parks, as well as offering easy access to the region's central motorway networks (M1/M6 and M45) The apartment benefits from allocated off road parking, secure intercom entry system, double glazing, and gas central heating to radiators.
The spacious accommodation comprises in brief of a spacious entrance hallway, open plan lounge/diner/kitchen with modern fitted kitchen and ample cabinetry for storage, a modern bathroom, two well-proportioned bedrooms and en-suite facilities to the master bedroom.
The apartment is well-presented throughout and provides ready-to-move into accommodation, and further benefits from shared bike storage and loft storage accessible from within the apartment.
The property would make an excellent first time purchase or investment purchase, with early viewing considered essential to avoid disappointment.
Offered for sale on a leasehold basis with 114 years remaining, an annual service charge of £1609.58 and ground rent of £379.28 per year.
Room Dimensions: Lounge/Kitchen/Diner L:5.26m W:3.60m Bedroom One L:4.19m W:3.20m Bedroom Two L:2.39m W:2.89m
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
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FAQ
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