2-bedroom semi-detached house · CV6 1QG
Sold STCListed 230 days
Opportunity summary
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About
An ideal opportunity to acquire a very well presented two-bedroom semidetached retirement bungalow (suitable for the over 60's or 55's with a disability) in the sought-after location of Coundon.
The accommodation consists of an entrance hall, lounge, kitchen with modern units with an integrated electric oven, fridge/freezer and a washing machine, there is a walk-in shower wet room, a double bedroom and a single bedroom with a door leading out to the rear garden.
Outside there are well maintained communal gardens with a shed for storage, an area for hanging out the washing, storing bins and a driveway providing parking for one car to the front.
Offered with no upward chain.
Additional Information Length of Lease Left: 999 year lease from 1987 Monthly service charge approximately : £160.00 (Which includes Warden Control, gardening, building insurance, window cleaning, property is externally painted every 3 years, coffee lounge, full laundry facilities) PLEASE NOTE THAT LEASE DETAILS ARE FOR GUIDANCE PURPOSES ONLY AND WE WOULD RESPECTFULLY REQUEST THAT YOU SEEK CLARIFICATION OF THE EXACT TERMS OF THE LEASE VIA YOUR SOLICITOR Ground Floor - Entrance Hallway - 1.75m x 0.99m (5'9 x 3'3) - Living Room - 4.06m x 4.47m (13'4 x 14'8) - Kitchen - 2.79m x 1.88m (9'2 x 6'2) - Bedroom - 3.05m x 3.33m (10'0 x 10'11) - Bedroom/Dining Room - 2.82m x 2.06m (9'3 x 6'9) - Bathroom - 1.75m x 1.88m (5'9 x 6'2) -
Value & comps
No previous sales on record.
Returns
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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 Teachers Close, Coundon, Coventry
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