Summary - Antelope House, Allesley Old Road, Coventry CV5 8EH
1 bed 1 bath Apartment
Ready income in a city‑fringe location with allocated parking.
Tenanted with £950pcm rental income from day one
A compact, modern one‑bed apartment offering immediate rental income in a city‑centre fringe location. The property is currently tenanted at £950pcm, making it suitable for an investor seeking rent from day one. The open-plan lounge/diner/kitchen has good natural light from UPVC double glazing and a practical fitted kitchen with appliances included as seen.
Practical running costs are straightforward: electric heaters throughout, a good EPC rating of 71 (C), council tax band A and an allocated off‑street parking space. Leasehold terms are long‑dated with 115 years remaining, a modest ground rent of £250pa and a service charge of £128pcm — factors that help set ownership costs.
Buyers should note this is an investment let to a professional couple with a tenancy in place until August 2026. The property is small (c.453 sq ft) and uses electric room heaters rather than gas central heating; this affects running costs and appeal to some owner-occupiers. Crime in the area is reported as above average, and the property sits in a busy urban neighbourhood popular with students and professionals.
Overall this is a low‑management, modern apartment aimed at investors wanting instant rental return in Coventry. It suits a purchaser prioritising yield and long lease security over a larger footprint or owner‑occupied features like gas central heating or private garden space.
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