Summary -
Apartment 11,Monea Hall,Conisbrough Keep,COVENTRY,CV1 5PY
CV1 5PY
2 bed 2 bath Flat
Occupied rental with strong gross yield and secure off‑road parking.
Two bedrooms and two bathrooms, including an ensuite
An established two‑bedroom, two‑bath flat in Coventry’s CV1 offering immediate rental income and clear buy‑to‑let appeal. The property is presented with a long‑term tenant in situ, producing a current gross income of £14,400 per year — roughly a 9.1% gross yield at the listed price of £158,000. The apartment includes an open lounge, fitted kitchen, ensuite, shared rear garden and a secure off‑road parking space.
This is a practical purchase for investors seeking steady cashflow and minimal vacant periods: the existing tenancy has been longstanding and rent payments are reported as consistent. The building is modern brick construction with average room sizes (approximately 646 sqft) and standard ceiling heights, suitable for student or professional lets given the surrounding cosmopolitan, student‑oriented neighbourhood and close amenities.
Notable cautions are factual: the property is leasehold and a Buyers Premium will apply on sale. The local area records very high crime levels and is classed as deprived, which may affect management costs, insurance premiums and tenant mix. Prospective purchasers should review the Let Property Pack and lease documentation, confirm service charges and ground rent, and satisfy themselves on any required maintenance and compliance obligations before purchase.
Overall, the flat is positioned as a straightforward, income‑producing addition to a rental portfolio, particularly for investors who prioritise yield and an occupied asset. Those seeking capital‑growth or a low‑risk family home should weigh the neighbourhood profile and leasehold terms alongside the attractive current income stream.
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