Summary - RILEY HOUSE 16 MANOR HOUSE DRIVE COVENTRY CV1 2EB
2 bed 2 bath Apartment
Well-located flat with reliable tenants and strong rental appeal.
Bright 2-bed, 2-bath apartment — 808 sq ft
EPC B; double glazing; fast broadband and excellent mobile signal
Currently let on a shorthold tenancy — income-generating
Leasehold with ~100 years remaining
Service charge approx £2,832 per year; ground rent £150
Heating via electric storage heaters — potentially higher running costs
Located in student-focused area; higher tenant turnover likely
Local crime level: very high — consider security implications
This well-presented two-bedroom, two-bath apartment in Riley House offers 808 sq ft of ready-to-rent living in Coventry city centre. The flat is offered in good condition with a bright reception room, contemporary kitchen, double glazing and an EPC B rating that supports energy-efficient running costs. Fast broadband and excellent mobile signal suit student or professional tenants.
The property is currently let on a shorthold tenancy, making it immediately income-generating for a buy-to-let purchaser. Practical details for investors include a 100-year lease remaining, a typical service charge of £2,832 per year and a modest ground rent of £150.
Buyers should note material drawbacks: the local area records very high crime levels and heating is via electric storage heaters, which can be costly during colder months. The apartment sits in a student-focused neighbourhood, so tenant turnover and local noise levels may be higher than residential suburbs.
Overall this is a straightforward, low-management investment in a modern block close to transport and amenities. It will suit purchasers seeking immediate rental income and city-centre access, though buyers should factor service charges, heating costs and local crime into purchase calculations.
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