dealsourcr
  • Features
  • Pricing
  • Login
LoginTry for Free
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Market Research ⭐️Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
My Account

2 Bed Flat, Refurb/BRRR, Coventry, CV1 5LJ £89,950

Paynes Lane, Coventry, CV1 5LJ - 2 months ago
  1. Deal Search
  2. Coventry
  3. CV1
  4. CV1 5LJ
Sold STC
Leasehold
Refurb/BRRR
ROI: 2%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

Links

  • More Deals in Coventry
  • More Deals in CV1
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Coventry
  • More Refurb/BRRR Deals in CV1

Property History

Price changed to £89,950

October 18, 2025

Listed for £99,950

October 2, 2025

Floor Plans

Description

  • POTENTIAL YIELD OF 9% +
  • VACANT WITH NO CHAIN +
  • TWO DOUBLE BEDROOMS +
  • SPACIOUS LOUNGE +
  • TOP FLOOR +
  • CAR PARK TO REAR +
  • CLOSE TO COVENTRY UNIVERSITY +

This spacious top floor two bedroom flat is located close to Coventry University & City Centre and would make an excellent investment opportunity with potential to achieve around a rental of £8,700 per year with scope to achieve more with cosmetic modernisation. There is a large lounge area with laminate flooring, fitted kitchen with a range of wall and base units, a part tiled bathroom with white suite to include bath with electric shower over and both the bedrooms are double in size with built in storage. Other benefits include electric heating, double glazing, secure entry phone system and car park to rear.

Kitchen - 1.61m x 3.11m (5'3" x 10'2" ) - Fitted kitchen with a range of wall and base units and laminate flooring

Lounge - 4.59m x 4.09m (15'0" x 13'5") - Double glazed window to front, very spacious lounge with electric heating and laminate flooring

Bathroom - 1.84m x 1.66m (6'0" x 5'5") - Part tiled bathroom with white suite to include bath with electric shower over, W/C and hand wash basin. Also with built in storage.

Bedroom 1 - 2.95m x 3.45m (9'8" x 11'3" ) - Double glazed window to rear, large double room with built in storage cupboard.

Bedroom 2 - 2.94m x 2.17m (9'7" x 7'1" ) - Double glazed window to rear, double room with built in storage cupboard.

Tenure - Leasehold - The agent has been informed that the property is offered leasehold however any interested party should obtain confirmation of this, along with any ongoing associated costs such as ground rent and service charges, via their own solicitor or legal representative. Any costs stated in these particulars have been provided by the vendor and have not been verified by the agent.

Agent Notes - 1. Anti-Money Laundering (AML) Regulations – All named purchasers and anyone gifting funds will be asked to produce identification documentation before proceeding to instruction of solicitors and we would ask for your co-operation in order to proceed to agreeing the sale as soon as possible.
2. Source of Funds - All named purchasers and anyone gifting funds will be asked to produce evidence of the source of their funds before proceeding to instruction of solicitors.
3. These particulars do not constitute part or all of an offer or contract.
4. Any measurements indicated are intended for guidance only and as such must not be relied upon and any interested parties are advised to confirm any measurements before committing to any offer.
5. Archer Bassett has not tested any equipment, appliances, fixtures, fittings or services.

Agent Details

Archer Bassett, Coventry

024 7542 7756

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

Investment Opportunity

This may not be accurate, please check manually.

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌