Chain-free city-flat near university — affordable entry but lease requires attention..
- 521 sq ft one-bedroom apartment, open-plan lounge and kitchen
- Fourth floor with lift access and allocated off-street parking
- Vacant and chain-free, ready for immediate occupation or let
- EPC C, double glazing; electric room heaters (higher running costs)
- Service charge £1,725.97 pa and ground rent £300 pa
- Lease 81 years remaining — needs prompt extension, affects mortgages
- Located within walking distance to city centre and university
- Area has high recorded crime and wider local deprivation
A compact one-bedroom fourth-floor apartment offering an affordable route into Coventry city living. The 521 sq ft flat has an open-plan lounge and kitchen, a good-sized double bedroom and a bathroom with overhead shower. It benefits from double glazing, lift access, allocated off-street parking and an EPC rating of C. The property is vacant and offered chain-free, so it is ready for immediate occupation or letting.
Practical running costs include an annual service charge of £1,725.97 (2025/26) and ground rent of £300 pa. Heating is electric room heaters and the main fuel is electricity, which can mean higher ongoing energy bills than gas-heated homes. The apartment’s construction date (2003–2006) and double glazing improve insulation and reduce immediate maintenance needs.
Important to note: the lease has 81 years remaining. This is short enough that a prospective buyer should seek mortgage advice and factor the likely cost and timing of a lease extension. The building sits in a cosmopolitan, student-heavy neighbourhood with high recorded crime and wider area deprivation; these local factors may affect resale value, lettability and insurance costs.
This flat will suit a buyer after a central, low-entry-price property to occupy or rent to students/professionals. It represents a convenient, low-upfront-cost purchase but requires clear budgeting for service charges, energy costs and the near-term need to address the lease length.