Ready-to-rent city flat with parking and long lease for first-time buyers.
Two double bedrooms and large living room ideal for occupants or tenants
Allocated off-street parking space for one vehicle
Modern bathroom and UPVC double glazing throughout
Electric heating only — potentially higher running costs
Leasehold with c.136 years remaining; annual service charge applies
No onward chain; currently let producing £850 pcm rental income
About 1 mile from city centre, train station, university and major employers
Area classified as deprived — consider long-term capital growth implications
Well-presented ground-floor apartment with two double bedrooms and a large living room, suited to a first-time buyer or investor seeking immediate rental income. The flat has modern UPVC double glazing, a contemporary bathroom, electric heating and an allocated off-street parking space — practical features for city living and easy letting.
The property is leasehold with approximately 136 years remaining and an annual service charge (reviewed yearly). There is no ground rent review period recorded; buyers should check all lease terms and service charge details before committing.
Located about a mile from Coventry city centre, train station, university and major employers, the flat is in an area popular with private renters. It currently produces a rental income of £850 pcm, making it a genuine investment opportunity or a straightforward first purchase for someone who wants a low-maintenance home close to transport and amenities.
Notable considerations: heating is electric which can mean higher running costs than gas; the surrounding area is described as deprived which may affect long-term capital growth; check service charge and tenancy details if purchasing as an investment.
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