2-bedroom flat · CV6 2PA
Listing removedListed 51 daysAuction 31 Jul · ended
Opportunity summary
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About
To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 13th October 2026 (Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 12th October 2026 AUCTION ENDS: 11:00 on Tuesday 13th October 2026 GUIDE PRICE: £45,000 + 2 bedroom first floor apartment requiring improvements.
Benefiting from having a single garage in a block with secured access. Located on Sadler Road and Radford Road. Leasehold with 43 years remaining. Ideal investment opportunity.
ACCOMMODATION FIRST FLOOR Hallway: Lounge: 13 ft 8 in x 9 ft 3 in Kitchen: 11 ft 3 in x 9 ft 3 in Bedroom 1: 11 ft 4 in x 9 ft 3 in Bedroom 2: 11 ft 3 in x 9 ft 3 in Bathroom: OUTSIDE Communal gardens.
On street parking and garage in a secured block. SERVICES AND HEATING Mains electricity, water and sewage are supplied to the property.
(No tests have been carried out and we are therefore unable to confirm connections.) Electric heating. EPC RATING - E COUNCIL TAX BAND - A TENURE Leasehold with vacant possession.
Term: 31/07/1972 to 21/012/2069 Service charge: Information requested. Service charge period: Information requested. Ground rent: Information requested.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT) Buyers Premium: £1,560 (£1,300 plus VAT) Please see the legal pack for any further costs.
Tenure: See Legal Pack Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 9 Greyfriars Court, Sadler Road, Keresley, Coventry, West Midlands CV6 2PA
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