Buy-to-let with long-term tenants and immediate income potential.
Two bedrooms and two bathrooms, approximately 657 sq ft
A two-bedroom, two-bathroom apartment in a modern purpose-built block on New Coventry Road, offered with long-term tenants in situ. The flat totals approximately 657 sq ft and currently generates a gross annual rent of £10,800, providing immediate income for a buy-to-let purchaser or portfolio investor. Communal private off-street parking and good natural light from large windows add practical appeal for tenants.
This property sits in a predominantly urban, mixed-tenure area which attracts steady rental demand from families and professionals. Broadband speeds and mobile signal are strong, and local amenities and schools (several rated Good) are within easy reach, supporting tenant sustainability. The building appears contemporary and low-rise, and the unit’s traditional internal layout offers straightforward management for landlords.
Material considerations: the flat is leasehold and occupied by tenants who wish to remain, so investors should expect an immediate income stream but limited vacant-possession options. The surrounding area is classified as deprived and local crime levels are high, which can affect resale pricing and certain tenant profiles. A Buyer’s Premium applies to the purchase, so factor this into total acquisition costs.
This listing suits investors seeking an income-producing asset with a known tenancy and modest hands-on management. It may also appeal to developers or portfolio buyers looking for predictable yields and easy integration into an existing rental portfolio. Prospective purchasers should review the Let Property Pack and tenancy documentation before offer to confirm lease terms, service charges, and the tenant agreement.