3-bedroom flat · CV4 7BG
Listing removedListed 248 daysAuction 26 Mar · ended
Opportunity summary
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About
** IN THE ROOM AND LIVESTREAM AUCTION ** To be sold via Public Auction on Thursday 26th March 2026 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.
GUIDE PRICE: £90,000 - £110,000 3 bedroom ground floor flat, leasehold with 100 years remaining.
Located just of A45, within 0.75 miles of Warwick University and 1 mile from Canley train station Ideal investment opportunity or forever home. ACCOMMODATION GROUND FLOOR Utility cupboard.
Bedroom 1: 14 ft 8 in x 10 ft Kitchen/Lounge: 15 ft 8 in x 13 ft Bedroom 2: 11 ft 6 in x 9 ft 6 in Bedroom 3: 12 ft 1 in x 12 ft 1 in x 8 ft 4 in Bathroom: OUTSIDE Communal gardens.
Outside storage shed. On street parking. SERVICES AND HEATING Mains gas, electricity, water and sewage are supplied to the property.
(No tests have been carried out and we are therefore unable to confirm connections.) Gas central heating. EPC RATING - C COUNCIL TAX BAND - A TENURE Leasehold with vacant possession.
Term: 125 years from 04/06/2001 Ground rent: £10 p.a. Service charge: £810.12 p.a.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT) Buyers Premium: £900 (£1,500 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 85 Orlescote Road, Canley, Coventry, West Midlands CV4 7BG
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