2-bedroom flat · CV6 6BS
Let agreedListed 32 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**FULLY FURNISHED**AVAILABLE NOVEMEBER 18TH** A well-presented two bedroom 1st floor apartment in a modern development located in a quiet cul-de-sac in Longford, close to many local amenities and transport links such as M6, A444, Ricoh/CBS arena, Foleshill Road and Bayton Road industrial estate.
12-minute/6 mile drive to Walsgrave Hospital. 13 minute/5 mile drive to Coventry City Centre.
Briefly comprising of entrance hallway, large storage cupboard, one double and one single bedroom, part tiled white suite bathroom with an electric shower over the bath, ‘L’ shape lounge/diner with Juliet balcony and a modern fitted kitchen with a oven, gas hob, washing machine/dryer, fridge/freezer.
Other features include carpets throughout, lino in the bathroom, oven with gas hob, modern electric shower, secure entry phone system, 1 allocated parking space, 9 visitor parking spaces, communal grounds, fully double glazed and gas central heated.
PLEASE SEE THE VIRTUAL 360 VIEWING and FLOOR PLAN, BEFORE ARRANGING A VIEWING. Available from November 18th onwards. Rent £1,000pcm.
Deposit £1,153.84 Can be offered fully furnished, part funished or empty (whitegoods will remain). If the tennat wanted items to be removed a few months later then this is also possiable as well.
Currently the sofa and the beds are the current tenants as they had there own, replacement sofa and beds can be provided upon request. Long term tenancy wanted.
EPC Rating – C Total Floor area - 58 Square Meters / 624 square foot.
(information from the official EPC) Council Tax Band – B = £1877 pa / £157 pcm (approx) Gas & Electric (smart meter) - Octopus energy- estimated monthly cost to be £55 to £100 together.
(vary on usage and time of the year) Water (metered) - estimated monthly cost £35. Public bus – 20B/ 48C takes 29 minutes to get to City Centre.
Public bus – 20A / 78A takes 35 min to get to Walsgrave Hospital. Flat located on the first floor accessed by stairs only, no lift.
The landlord of this property is an employee (or associate) of Suttons Estate Agents, and this declaration is made in accordance with the Estate Agents Act 1979 Roof type: Clay tiles.
Mobile signal/coverage: Good. Does the property have flood defences? No. Construction materials used: Brick and block. Water source: Direct mains water. Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (gas). Parking Availability: Yes.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Grindle Road, Longford, Coventry, CV6 6BS
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