Long lease and tenant in place for immediate rental income.
Ninth-floor apartment with wide elevated city views
A ninth-floor, two-bedroom apartment offering wide city views and immediate rental income potential. The property is let on a 12-month tenancy at £900 pcm starting mid-July 2025, providing an investor with a secure income stream until July 2026. The long 999-year lease and included ground rent within the service charge simplify ownership.
Internally the flat has an open-plan lounge/kitchen with an electric oven and hob, two double bedrooms, and a modern tiled bathroom. Lift access, a Juliet balcony and allocated off-street parking (underground and zoned external spaces) add tenant appeal and practical ease for management.
Notable costs and maintenance considerations are clear: the service charge is £2,800 per year (ground rent included) and the building dates from the 1950–66 era with assumed non-insulated system-built walls. Heating is warm-air on mains gas; double glazing is installed but installation date is unknown. The area records very high crime levels, which may affect tenant turnover and insurance costs.
This is a straightforward income property for a buyer targeting Coventry’s central rental market—students and professionals—who values long lease security and immediate cashflow. A sale can be agreed, but completion has been requested to be deferred until 2026.
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