2-bedroom flat · CM1 1TG
Sold STCListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Large two double bedroom first floor maisonette with a City centre location, allocated garden and no onward chain. The property is in need of renovation which is reflected in the asking price.
Ideal for a first time buyer or buy to let opportunity. ENTRANCE HALL Stairs that rise to the first floor. SPACIOUS LANDING Access to loft space, doors to LOUNGE Window to rear, radiator, fireplace.
KITCHEN Window to rear, range of base and wall level kitchen units complimented by roll top work surface, tiled splash backs, single drainer sink unit with mixer tap, radiator, we understand from the seller that the cooker, washing machine and fridge freezer are to remain which the seller understands are in working order.
BEDROOM ONE Window to front, radiator. BEDROOM TWO Window to front, radiator, fitted wardrobe, cupboard housing combination boiler.
BATHROOM Window to rear and door to rear, panelled bath with part tiled walls, pedestal wash hand basin. SEPARATE W.C Window to rear, low level w.c.
EXTERIOR The property has an allocated part of the garden which is at the rear and is accessed via the ground floors garden, brick storage shed, pedestrian rear access.
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 Coval Lane, CM1
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