Summary - 52 TRIUMPH CLOSE COVENTRY CV2 5AR
2 bed 1 bath Flat
Affordable, high-yield city flat close to hospital and transport links.
Ground-floor two-bedroom maisonette, larger than average layout
Currently let at £900 pcm; can be bought vacant
Long lease (99 years) and low ground rent (£10)
Approx 693 sq ft internal space; EPC rating C
Mains gas central heating; double glazing installed
1970s system-built construction; external insulation present
Area is very deprived with above-average crime levels
Communal parking and garage en-bloc; some maintenance likely
This ground-floor, two-bedroom maisonette in Wyken offers a straightforward, high-yield investment or an affordable first home near Coventry University Hospital and local amenities. The property is practical: two double bedrooms, an open-plan kitchen/dining area, shower room, double glazing and gas central heating. The long lease (99 years) and low ground rent (£10) reduce ownership friction.
Currently tenanted at £900 pcm, the flat produces £10,800 a year gross — a circa 10.9% gross yield at the asking price of £99,000. It can also be purchased vacant for letting or owner-occupation, so buyers can choose immediate income or move-in flexibility. EPC rated C and mains gas central heating are positives for running costs.
Buyers should note this is a 1970s system-built property with external insulation; communal maintenance and future building works are possible. The location is in a very deprived area with above-average crime statistics, which may affect long-term capital growth and tenant demand. Council tax band A and reasonable running costs are mitigating factors.
Overall, this is a clear-value proposition for investors seeking high income return or for first-time buyers wanting an affordable, well-located ground-floor home that will benefit from modest updating.
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