Allocated parking and immediate rental income; strong central-location investment.
Allocated off-street parking space included
Open-plan lounge and kitchen with breakfast bar
Two double bedrooms, principal with en-suite shower
Tenants in situ until Feb 2026; £1,150 pcm rental income
Leasehold with c.128 years remaining
Service charge c.£2,520pa; ground rent £180pa
Electric room heaters (no gas central heating)
Area records very high crime levels
This modern second-floor flat in Priory Place offers straightforward buy-to-let appeal and city-centre convenience. The open-plan lounge and kitchen, two double bedrooms and allocated parking suit investors seeking a let-ready asset close to Coventry University and local amenities.
The property is sold with tenants in situ until February 2026, producing a current rental income of £1,150 pcm. Long lease (approximately 128 years remaining) provides tenure security, while double glazing and contemporary bathrooms reduce immediate maintenance needs.
Buyers should note material considerations: heating is electric via room heaters rather than a central gas system, and the development attracts a high recorded crime level in the area. Annual service charge and ground rent apply (£2,520 and £180 respectively), and the sale is leasehold and chain free.
Overall, this is a compact, well-located city unit that will suit investors seeking immediate income or owner-occupiers wanting central living — provided they accept the area’s urban characteristics and running costs.
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