Following the tragic passing of the previous owner midway through a full back-to-brick refurbishment, this property was left in an incomplete and unmortgageable condition. The owner’s widow was faced with a property that had become extremely difficult to sell through conventional routes. Blue Pennant agreed a fair purchase price and worked closely with the family to provide a respectful and practical solution during a difficult period.
The property had been stripped back during refurbishment works but remained unfinished.
As a result, it was difficult to finance, difficult to market and unattractive to conventional buyers. Significant refurbishment work remained before the property could be returned to productive use.
Following acquisition, Blue Pennant commenced a comprehensive refurbishment programme and worked closely with planning consultants and the local authority to determine the most appropriate long-term use of the property.
Rather than undertake minor improvements, our objective was to completely reposition the asset to maximise both accommodation quality and long-term performance.
The property is being transformed into a high-quality professional HMO designed to provide modern accommodation for working professionals within Coventry.
