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See how verdicts work2-bedroom flat · CV1 4JU
Listing removedListed 443 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish Top Floor Apartment with Vaulted Ceilings & Canal Facing Balcony – Electric Wharf, Coventry Offered with No Onwards Chain Set within the sought after Electric Wharf development, this stunning top floor apartment offers a unique blend of industrial charm and modern design.
Boasting vaulted ceilings and large feature windows, the property feels bright, airy, and full of character. Spanning approx.
827 sq ft, the apartment features a generous open plan living area, two well sized bedrooms, and two sleek, contemporary bathrooms.
The highlight is undoubtedly the private balcony, overlooking the canal, a perfect spot for morning coffee or evening relaxation.
Built in 2006, the property benefits from modern finishes throughout and an intelligently designed layout that maximises space and light.
Located just a short walk from Coventry city centre, residents have easy access to shops, restaurants, and transport links.
Further benefits include allocated parking, secure entry, and the unique lifestyle that comes with living in this vibrant, canal side community.
Perfect for first time buyers, professionals, or investors, this is a rare opportunity to own a standout apartment in one of Coventry’s most distinctive developments.
Entrance Hall (3.35m x 2.08m (11'0" x 6'10")) Entrance door into apartment, electric panel heater, doors to all rooms.
Lounge/Kitchen/Diner (5.98m x 4.77m (19'7" x 15'8")) Kitchen: Fitted with matching base and eyelevel units with worktop over, stainless steel sink with drainer and mixer tap, stainless steel splash back behind electric hob, integrated electric oven with extractor fan fitted above, integrated dishwasher, space for a fridge/freezer, spotlights above worktop.
Lounge/Diner: Window to front, skylight, sliding door to 2nd bedroom, door to balcony, exposed brick feature walls, feature iron bars and vaulted ceiling.
Bedroom 1 (3.31m x 2.80m (10'10" x 9'2")) Window to rear, wall mounted electric panel heater, integrated wardrobes, Door to: En-Suite (2.10m x 1.69m (6'11" x 5'7")) Fitted with a three-piece suite comprising of a fully tiled shower cubicle with mixer tap and showerhead, Miami style WC and floating hand wash basin, tiling to all walls, wall mounted mirror, extractor fan.
Bedroom 2 (3.35m x 3.66m (11'0" x 12'0")) Integrated wardrobes, sliding door to lounge/Kitchen/diner Bathroom (2.38m x 1.69m (7'10" x 5'7")) Fitted with a three piece suite with a deep panelled bath, mixer tap with shower hose, head, rail and glass shower screen, Miami style WC with floating hand wash basin, wall mounted mirror, tiling to all walls, extractor fan, chrome towel heater Utility (1.34m x 2.77m (4'5" x 9'1")) Shelving for storage, immersion heater with a compression tank, plumbing for washing machine Balcony (1.30m x 2.27m (4'3" x 7'5")) Stainless steel balcony Good To Know Selling Position: No Chain Age of the Property: 19yrs Approx.
Total Floor Area: 872.95SqFt Heating System: Electric Type of Windows: UPVC Fuse Box Location: Hallway Council Tax Band: C Energy Performance Certificate Rating: C Lease & Service Charge Leasehold flat with 128 years remaining on the lease Ground Rent: £150 per year Service Charge: Currently estimated at £1,528.26 every 6 months / Annually £3,056.52 Management company under new management: Centrick Investors Information The property, valued at £195,000, generates a monthly rental income of £1,400, equating to £16,800 per annum.
This results in a gross rental yield of approximately 8.6% This strong yield highlights the property’s potential to deliver robust returns, making it an attractive proposition for investors seeking stable rental income and solid capital appreciation prospects.
Disclaimer Please Note: All fixtures & Fittings are excluded unless detailed in these particulars.
None of the equipment mentioned in these particulars has been tested; purchasers should ensure the working order and general condition of any such items.
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.
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FAQ
About 48 Boiler House, Electric Wharf, Coventry
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