Affordable ground-floor one-bed with garden and strong rental potential..
118-year lease remaining, secure long leasehold term
Private rear garden; ground-floor access
EPC rating C; mains gas boiler and radiators
Annual service charge and ground rent £700 total
Compact 495 sq ft one-bedroom layout, efficient plan
Requires cosmetic modernisation and updating throughout
Local area: high crime and very deprived — affects rental/resale
Council tax very low; broadband and mobile signal excellent
A ground-floor one-bedroom maisonette offering clear value in Tile Hill. The flat sits in a semi-style building with a private rear garden and an efficient 495 sq ft layout: living room with bay window, one double bedroom, small kitchen and compact bathroom. The 118-year lease and an EPC rating of C make this a straightforward buy for investors or a first-time purchaser prepared to update interiors.
The property requires some modernisation — cosmetic works likely — which gives scope to add value. Annual service charge and ground rent together are £700, and council tax is very low, helping to keep running costs down. Broadband and mobile signal are strong, and local schools have Good Ofsted ratings, supporting longer-term rental demand.
Buyers should be aware of notable local drawbacks: the area records high crime levels and very high deprivation indices, which can affect rental yields and resale. The building dates from the late 1970s/early 1980s and while double glazing and external insulation are present, parts of the flat and communal exterior will benefit from updating.
Overall this is a competitively priced, entry-level leasehold flat suited to investors seeking an affordable buy-to-let near Coventry or first-time buyers wanting a modest home with renovation potential. Early viewing is recommended to assess condition and scope for improvement.
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