Summary - 151 SWAN LANE COVENTRY CV2 4GE
1 bed 1 bath Apartment
Ready-to-rent furnished apartment with allocated parking and long lease.
- Expected rental income circa £800 pcm
- 132 years remaining on lease, long security
- Allocated off-street parking space
- EPC rating B (meets 2028 regs)
- Service charge approximately £1,000.29 p.a.
- Ground rent £82.16 p.a.
- Second-floor only; block has no lift
- Small overall size (~435 sq ft); compact layout
A compact, modern one-bedroom apartment positioned a short walk from Coventry city centre and Ball Hill’s shops. Offered chain-free and furnished, it is ready to let immediately with an expected rental income of around £800 pcm. The second-floor location and allocated off-street parking add practical appeal for tenants.
Running costs are straightforward: a B-rated EPC, a 132-year lease, low ground rent (£82.16 p.a.) and an annual service charge of approximately £1,000. Electric storage heating and double glazing keep maintenance simple, and the build dates from the early 2000s.
Buyers should note a few clear considerations. The block has no lift — access is via stairs only — and the apartment is small at about 435 sq ft, so it suits single occupants or couples. The surrounding area is relatively deprived with higher local crime levels, which may affect tenant demand and insurance costs.
For investors seeking a low-management, city-centre let, this property offers immediate income potential and long lease security. For a first-time buyer it presents an affordable, move-in-ready option close to transport and amenities, provided the compact layout and second-floor access meet your needs.
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