Summary - 18, Thackhall Street, COVENTRY CV2 4NX
2 bed 1 bath Apartment
Ready rental income with long lease and low maintenance costs.
Tenant in situ generating £10,740 per annum
Allocated off-street parking and secure entry system
Long lease approx. 130 years remaining
Service charge approx. £1,005 pa; ground rent £81 pa
Compact footprint ~581 sq ft; small room sizes
Built 2007–2011, double glazing, gas central heating
Located in deprived area with higher local crime levels
Walking distance to city centre and local amenities
A practical, modern two-bedroom apartment presenting clear rental income from a tenant in situ paying £10,740 per year. The property is in a purpose-built block from 2007–2011 and offers an efficient open-plan living area with integrated kitchen appliances, Juliette balconies and allocated off-street parking — features that support steady tenant demand in this part of the city.
This is primarily an investment opportunity. The long lease (around 130 years remaining), mains gas central heating, double glazing and straightforward floorplan reduce immediate capital requirements. Service charge and ground rent are moderate at around £1,005 and £81 respectively; council tax is described as very cheap, which helps tenant affordability and lettability.
Buyers should note material local considerations. The wider area ranks as deprived with higher local crime levels and a demographic mix of young families and students; these factors influence rental yields, tenant turnover and long-term capital growth. Internally the apartment is compact (about 581 sq ft) and well-presented, but limited room sizes mean it suits tenants or small households rather than buyers seeking large family space.
Overall this is a straightforward, low-maintenance rental asset with immediate income and predictable ongoing costs. It will suit investors seeking an entry-level city buy-to-let with long lease security, while buyers wanting quieter, higher‑end neighbourhoods or larger accommodation may prefer to look elsewhere.
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