3-bedroom semi-detached house · CV7 9QE
Sold STCListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**40% SHARED OWNERSHIP**NO ONWARD CHAIN**PART BUY/PART RENT**THREE DOUBLE BEDROOMS**ENSUITE TO MASTER BEDROOM**GROUND FLOOR WC**100% SHARE AVAILABLE TO BUY** A great way to get on the property ladder!
This well presented shared ownership property is situated handy for local shops and transport links.
The accommodation comprises: Entrance hall, fully fitted kitchen, ground floor cloakroom and lounge which overlooks the rear garden.
To the first floor there are two double bedrooms and a family bathroom. To the second floor there is the master bedroom and ensuite. Externally there are gardens to the front and rear.
The front garden is laid to lawn and a driveway and the rear garden is fully enclosed. The property also has the benefits of double glazing and gas central heating (as specified).
£420.75 PER MONTH, RENT, MAINTENCE & BUILDING INSURANCE There is a charge of £10.84 per month for management/service charges and monthly insurance charge of £44.72.
There is potential to buy the 100% share or staircase if you require, ask for more details.
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
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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 Merestone Way, Exhall, Coventry, CV7
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