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 work1-bedroom house · CV9 1AS
No longer listedListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** one bedroom mews property ~ available under the affordable housing scheme ~ local buyers only ***.
For sale with mark webster estate agents is this modern one bedroom upside down style property having living accommodation on the first floor with a bedroom and shower room on the ground floor.
For sale with mark webster estate agents is this interesting and well-designed one bedroom mews property, conveniently situated within Atherstone and offering an excellent opportunity for an eligible purchaser to acquire their own home through an Affordable Housing Scheme.
The property features an unusual reverse-level arrangement, with the bedroom and shower room positioned on the ground floor and the main living accommodation on the first floor.
This clever layout creates good separation between the sleeping and living areas and makes excellent use of the available space.
Important – affordable housing: The property forms part of an Affordable Housing Scheme and is subject to a Section 106 Agreement/resale covenant.
Prospective purchasers will therefore need to satisfy the applicable eligibility requirements. Buyers should make themselves aware of these restrictions before incurring legal or mortgage costs.
Ground Floor Entering the property, the ground floor provides access to the bedroom, offering comfortable sleeping accommodation with space for the usual bedroom furniture.
Also located on this level is the shower room, making the ground floor a practical and self-contained sleeping area.
The first floor provides the main living and kitchen accommodation, creating an attractive open and versatile space for everyday living with the added benefit of a mezzanine providing useful storage space.
The property forms part of an established residential development within Atherstone, providing a convenient base for access to the town and surrounding North Warwickshire area.
Atherstone is a well-established North Warwickshire market town offering a good range of everyday amenities.
The traditional town centre provides shops, supermarkets, cafés, restaurants, pubs and other services, while there are further shopping and leisure facilities available in the surrounding area.
For commuters, Atherstone railway station provides direct rail services on the West Coast Main Line, including services towards Birmingham and London.
Road connections are also convenient, with the A5 providing access towards Tamworth, Nuneaton and links with the wider Midlands motorway network.
The combination of local amenities, transport connections and its North Warwickshire location makes Atherstone a popular and convenient place to live.
Important Section 106 / Affordable Housing Information Prospective purchasers should note that this is not an unrestricted open-market property.
The property is sold subject to a Section 106 Agreement/resale covenant associated with an Affordable Housing Scheme.
The agreement places restrictions upon the occupation and future resale of the property.
Prospective purchasers will be required to demonstrate that they satisfy the applicable eligibility criteria before a purchase can proceed.
The restrictions may include requirements relating to the purchaser's eligibility, occupation of the property, the price at which the property can be sold in the future and restrictions upon letting or sub-letting.
The precise terms of the Section 106 Agreement should be checked before proceeding.
Prospective purchasers should obtain confirmation of their eligibility and instruct their solicitor/conveyancer to review the Section 106 Agreement, title documentation and any associated resale covenant.
Any mortgage applicant should also make their lender or mortgage adviser aware that the property is subject to an Affordable Housing Section 106 restriction at the earliest opportunity.
The selling agents have not independently verified the complete legal terms of the Section 106 Agreement and buyers should not rely upon the sales particulars as a substitute for legal advice.
In Summary This is an excellent opportunity for an eligible purchaser seeking an affordable one bedroom home in Atherstone.
With its unusual reverse-level accommodation, separate ground-floor bedroom and shower room and first-floor living space, the property provides an interesting alternative to a conventional apartment.
Fixtures & fittings: Some items maybe available subject to separate negotiation. Services: We understand that all mains services are connected.
Tenure: We have been informed that the property is freehold, however we would advise any potential purchaser to verify this through their own Solicitor.
However there is an annual charge for the maintenance and upkeep of all communal areas. Council tax: We understand this property has been placed in Council Tax Band B.
(This information is provided from the Council Tax Valuation List Website).
Disclaimer: Details have not been verified by the owners of the property and therefore may be subject to change and any prospective purchaser should verify these facts before proceeding further.
Any images are for solely for illustrative purposes. Some images may have been digitally enhanced or altered for marketing purposes.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 2, Charlotte Way, Atherstone
Explore nearby