Modern second-floor flat with strong rental return and parking.
Two double bedrooms with built-in wardrobe in master
This modern two-bedroom second-floor apartment in Signet Square offers low-maintenance, turn-key living with immediate rental income potential. The open-plan lounge and modern fitted kitchen open onto a private balcony, while the master bedroom benefits from its own second balcony and built-in mirrored wardrobe. Double glazing, gas central heating and an EPC B rating help keep running costs down.
Currently let at £950 pcm, the property returns a strong gross yield (approx. 8.7%), making it attractive for buy-to-let investors seeking ready income. The long lease (130 years remaining), reasonable ground rent (£82 pa) and service charge (£1,200 pa) provide clarity on holding costs. Allocated off-street parking and communal landscaped areas add tenant appeal.
Set close to Coventry city centre with fast broadband and excellent mobile signal, this apartment suits working professionals or investors targeting the local young families and student rental market. Note the location has higher-than-average crime and the wider area is classified as deprived—factors that may affect tenant demand or insurance costs.
The building is modern (post-2007) and generally low-maintenance, but interior updates or cosmetic refreshes may be required over time depending on tenant turnover. Council Tax Band A keeps owner-occupier costs low if considering future owner-occupation.
Overall, this is a practical, income-producing flat with clear running costs and good transport links, best suited to buyers prioritising rental return and convenience over quiet, suburban seclusion.