2-bedroom flat · WV9 5BX
Listing removedListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 BEDROOM, 1ST FLOOR APARTMENT. Located in the Parade at Coven, this 2 Bedroom apartment has been upgraded with new decor and carpets.
The apartment benefits from newly installed Solar Panels, enabling tenants to benefit from cheaper electricity. Accommodation in brief - Entrance Hallway, Breakfast Kitchen with Electric Cooker.
Space and Plumbing for washing machine. Spacious Master Bedroom and 2nd small double bedroom. House bathroom. Shower over bath. Upgraded energy efficient immersion system.
Upgraded Energy efficient electric heating. AVAILABLE NOW. UNFURNISHED. Parking at Rear of the Parade.
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
We're still gathering serviced-accommodation data for this area.
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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 Apartment 1, The Parade, Brewood Road, Coven, WV9 5BX
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