Summary - Apartment 8, City Green Block B, 2094, Coventry Road B26 3YU
2 bed 1 bath Apartment
Turnkey rental with long lease and immediate income in well‑connected Sheldon.
Tenanted on a rolling contract at £975 PCM (£11,700 PA) providing immediate income
245 years remaining on lease (expires 2270) — long lease security
Allocated off‑street parking and secure entry with lift access
Recently constructed (2023) — modern fittings, EPC C
Service charge £1,510.70 (period stated) and ground rent £188.26 annually
Electric room heaters (no gas central heating) — consider energy costs
Area records high crime and very high deprivation — resale/letting risk
Sale uses an exclusivity package with a non‑refundable buyer’s fee
A modern two-bedroom apartment in the Park Gate at Lyndon Place development, offered with a long lease and an existing tenant on a rolling contract. The property is newly built (2023), with an open-plan living area, integrated kitchen and allocated off-street parking — a straightforward rental investment near strong transport links to Birmingham city centre, airport and local amenities.
The current tenant pays £975 PCM (£11,700 PA), providing immediate income for an investor. Practical positives include an EPC C rating, 245 years remaining on the lease, fast broadband potential and low council tax (Band A). Communal areas are maintained and the block benefits from secure entry and lift access.
Important considerations are presented plainly: the area records high crime and significant deprivation, which can affect tenant demand and yield stability. Heating is electric (room heaters) and the service charge and ground rent are recurring costs to factor into returns. The sale is being offered under an exclusivity package requiring a non‑refundable buyer’s fee — prospective purchasers must read the pack and carry out due diligence.
Overall this is a low-maintenance, modern flat suited to buy-to-let investors seeking immediate rental income and long lease security. Buyers should assess local market conditions and total ownership costs (service charge, ground rent, buyer’s exclusivity fee) before committing.
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