Well-presented ground-floor flat — ideal first home or buy-to-let with strong rental yield.
Ground-floor two-bedroom flat, c.560 sq ft
A well-presented two-bedroom ground-floor flat offering straightforward living or a ready-made rental in Coundon. The bay-fronted lounge gives a bright, usable living/dining space and the fitted kitchen includes integrated appliances and space for laundry. The main bedroom has built-in wardrobes; both rooms are sensibly laid out within c.560 sq ft.
The property is offered either vacant or with tenants in situ, currently achieving £925 pcm (approx. 8.2% gross yield), so it suits both first-time buyers seeking a move-in-ready home and investors wanting immediate income. Practical features include gas central heating, double glazing, one allocated off-street parking space and an EPC rating of C.
Notable practicalities: this is a leasehold flat with 105 years remaining, an annual ground rent of £150 and a monthly service charge of £193 (the service charge has been known to fluctuate with building maintenance). There is no private garden and external communal space is limited.
Location is convenient for local schools, shops and transport links into Coventry city centre, but the wider area records very high crime levels — a material consideration for both residents and tenants. Overall this is a compact, low-maintenance apartment offering good value for buyers wanting a city-edge address or landlords targeting reliable rental returns.
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