Summary - BEAUCHAMP HOUSE FLAT 104 GREYFRIARS ROAD COVENTRY CV1 3RX
2 bed 2 bath Apartment
Income-ready apartment with parking near major city regeneration, ideal for investors.
- Two-bedroom ground-floor apartment, open-plan living and fitted kitchen
- Currently let at £1,200pcm until June 2025 (tenancy in place)
- Allocated basement parking space included
- Long lease remaining: approximately 133 years
- Built 2005, modern block with double glazing and furnished interior
- Electric room heating — higher running costs than gas
- Service charge ~£2,858pa and ground rent £200pa
- Located in student-heavy city-centre area; local crime rated very high
A two-bedroom ground-floor apartment in Coventry city centre, offered with an existing 12-month tenancy at £1,200pcm (tenancy runs June 2024–June 2025). The open-plan living area, fitted kitchen and en-suite bedroom sit within a modern 2005 development and include an allocated basement parking space — a useful city-centre asset.
The property is double glazed and comes fully furnished, making it easy to continue letting to the current tenant or re-market quickly. The lease has about 133 years remaining, and current running costs include an annualised service charge of around £2,858 and ground rent of £200. Heating is electric (room heaters), so running costs will be higher than gas-heated homes.
This flat sits in the heart of Coventry, adjacent to the major City Centre South regeneration project, which may boost local demand and capital value over time. Be aware the immediate area is a cosmopolitan, student-heavy neighbourhood and local crime statistics are very high; that influences tenant profiles and management requirements.
For an investor seeking immediate rental income and a strong gross yield (approx. 9% at current rent), this is a turnkey city-centre let with parking and long lease security. For an owner-occupier or family, the student-centred location, electric heating and higher local crime levels are material considerations.
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