Summary - POPPLETON CLOSE, Coventry, CV1 CV1 3BF
2 bed 1 bath Apartment
Turn-key rental with parking and an AST in place until December 2025.
- Tenancy in place until December 2025; furnished and producing £995 pcm
- Compact top-floor layout: approx 517 sq ft, three main rooms
- Allocated off-street parking included
- Leasehold with c.142 years remaining; ground rent £250
- Service charge £990pa (below average)
- Electric room heaters — higher running costs than gas
- Located in a student/professional rental area with excellent transport links
- Local area: very high crime levels and classified as deprived
A ready-made buy-to-let in CV1, this top-floor two-bedroom flat is offered with a tenancy in place until December 2025 and comes furnished — ideal for an investor seeking immediate rental income. The building dates from 2011 and the apartment includes an open lounge with a Juliet balcony, fitted kitchen with appliances, allocated off-street parking and double glazing.
Practical running costs and ownership details are clear: a lease with about 142 years remaining, ground rent £250 and an annual service charge of £990. Heating is electric with room heaters, so factor higher energy costs compared with gas-heated homes. At about 517 sq ft the accommodation is compact and best suited to professional sharers or students.
Location is a major strength for lettings — city centre access, nearby train station, bus routes to Warwick University and local business parks, plus shops and leisure amenities close by. However be aware the immediate area records very high crime levels and is classified as deprived, which could affect tenant mix, long-term capital growth and insurance or management considerations.
Overall this is a straightforward, low-management income property for a landlord who values immediate cashflow and hands-off tenancy. Buyers should note the electric heating, compact living area and local crime statistics when assessing longer-term prospects.
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