Compact turn-key flat with parking and guaranteed rental income.
Allocated underground parking space included
A compact two-bedroom first-floor apartment in Beauchamp House, offering immediate rental income and straightforward city-centre access. The open-plan living area and refreshed interiors make it easy to manage and re-let. Allocated underground parking and proximity to the train station add practical appeal for tenants.
This property is an investor-focused opportunity: currently let at £1,100 PCM on a fixed-term tenancy, presenting an immediate yield and hands-off ownership for the term. The flat was newly renovated in 2022 with new flooring and redecorating and benefits from double glazing and modern kitchen fittings.
Buyers should note clear cost and location considerations. Annual service charge is around £2,858 with a small ground rent of £200. Heating is electric room heaters, which can be more expensive than gas alternatives. The immediate area records very high crime levels, and the apartment is small in overall size, factors that may affect future rental or resale positioning.
Longer-term potential is supported by the adjacent Coventry City Centre South regeneration project, which is expected to deliver new homes, shopping and leisure facilities. For investors seeking a city-centre, low-management flat with parking and an existing tenancy, this offers immediate cashflow and future upside tied to local regeneration.
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