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See how verdicts work2-bedroom flat · CV1 4JU
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ATTENTION INVESTORS & First time buyers! A fantastic opportunity to purchase an architecturally unique apartment, a short walk from Coventry city centre!
Set in the gated residence of the historic electric wharf 'Boiler house' building next to the Coventry Canal, this first floor apartment is a fantastic example of industrial style architecture, with exposed brick walls, floor to ceiling windows and exposed structural beams.
Set in the historic electric wharf 'Boiler house' building next to the Coventry canal, this first floor apartment is a fantastic example of industrial style architecture, with exposed brick walls, floor to ceiling windows and exposed structural beams.
The property is accessed via a communal secure intercom entrance and has a lift and stairs up to the first floor, where the apartment is situated.
Internally, there is a bathroom with walk-in shower, two bedrooms with feature beams and floor to ceiling double glazed windows and an impressive open plan modern kitchen / lounge / dining area with high ceilings and exposed structural features.
The apartment benefits from underfloor heating, allocated parking and an additional storage room (accessed via a loft style hatch in the ceiling) where the water tank and boiler is housed.
Lease details Length: 228 Years Service charges: £2302 P/A Ground rent: £200 P/A Management Company: Centrick Important Note To Purchasers.
Oughton Cook estate agents strive to provide accurate property details, however buyers should perform their own due diligence and confirm details via their acting conveyancer.
The information contained within this advert has been communicated by the current property owner at the time of marketing, and does not form a part of the legal work in relation to the sale.
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.
Area
Agent & docs

FAQ
About Boiler House, Electric Wharf, Coventry, CV1 4JU
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