Strong rental yield near Coventry city centre and transport links.
Top-floor two-bedroom apartment with private balcony
This top-floor two-bedroom apartment in Coundon offers clear investor appeal and immediate rental potential. The lease has been recently extended to 175 years, removing a common obstacle for buy-to-let purchasers, and the property currently achieves an indicative rent of £995 pcm, delivering a strong yield against the asking price.
The flat is presented with contemporary fittings throughout: a bright reception room, modern kitchen and bathroom, and a small private balcony that overlooks communal lawned forecourt. Practical running costs are aided by a below-average service charge (£780) and a very low ground rent (£10). Council tax is in the lowest band, keeping outgoings modest.
Buyers should note material considerations: heating is by electric room heaters rather than a central system, and the Energy Performance Certificate is rated D. The property sits on a main road in a city suburb with very high local crime levels reported, which may affect tenant demand or insurance costs. Access is via internal communal stairs to the top floor, so it may not suit those needing step-free access.
Overall, this compact 686 sq ft apartment suits investors or first-time buyers seeking a turn-key rental or starter home close to Coventry city centre and public transport. It is habitable as presented but offers scope for targeted updates (heating and EPC improvements) to boost long-term value and letting appeal.
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