Summary -
Apartment 10 Cavalier Court,193, Siddeley Avenue,COVENTRY,CV3 1BP
CV3 1BP
2 bed 1 bath Flat
Ready-made let with steady income and parking for investors.
- Currently tenanted long-term, stable rental income
- Current gross income £10,200; potential to £10,680
- Two bedrooms, one bathroom, compact 549 sq ft
- Off-street parking space included
- Leasehold tenure; buyer responsible for lease terms
- Buyers Premium payable to secure sale
- Located in an area with faster broadband and good transport
- Area classified as deprived; affects capital growth prospects
A compact two-bedroom flat in Cavalier Court, Coventry, offered with a long-term tenant and stable rental income. The property produces a current gross annual income of £10,200, with realistic scope to reach a market rate of £10,680. The apartment is well maintained and includes an off-street parking space.
This is a buy-to-let opportunity aimed at investors seeking an immediate income-producing addition. The tenant wishes to remain, so the purchase will be as a let property rather than for vacant possession. The building is modern red-brick and sits in an urban area with good transport links and fast broadband — practical features for lettings demand.
Important considerations: the tenure is leasehold and a Buyers Premium will apply to secure purchase. The property and wider area are recorded as relatively small in size and in a more deprived neighbourhood, which can affect future capital growth but supports rental demand. Full investment particulars and the Let Property Pack should be reviewed for tenancy documentation and costs before offer.
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