Let-ready two-bed flat producing reliable rental returns in a student-focused area.
Long-term tenant in situ, steady rental income
A compact, well-maintained two-bedroom flat in central Coventry, offered with a long-term tenant in situ. The apartment has two bathrooms, a balcony and contemporary communal building facades, and is presented in good condition — ready to continue producing rental income with minimal immediate work required.
This is primarily an investor opportunity: the property currently produces a reported gross income of £15,000 per year against a guide price of £135,000. At 570 sq ft, the flat sits within a multicultural, student-focused neighbourhood close to universities and plentiful local amenities that support steady rental demand.
Important considerations: the property is leasehold, located in a city centre area with very high recorded crime rates and higher local deprivation. A buyer’s premium will apply on sale, and the current long-term tenants intend to remain, so purchase would be as a let investment rather than vacant possession.
Overall this is a straightforward let-ready purchase for a landlord or portfolio buyer seeking immediate income and tenant continuity in a well-connected student/city location. Developers and investors should review the Let Property Pack and tenancy details to confirm income, lease terms and any service charges before proceeding.
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