Summary - ST MARYS HOUSE, 417 FLAT 16 BROAD LANE COVENTRY CV5 7AX
2 bed 2 bath Flat
Chain-free sale with allocated parking and communal gardens, suitable for investors.
First-floor two-bedroom maisonette with open-plan lounge/kitchen
Set on Broad Lane at the western edge of Coventry, this two-bedroom first-floor maisonette offers straightforward living or a hands-off rental purchase. The bright open-plan living room and fitted kitchen create a practical social space, while the master bedroom's en-suite and a separate family bathroom suit sharers or small families. EPC rating C and UPVC double glazing provide reasonable energy performance for a modern build.
Tenure and running costs are clear: 106 years remain on the lease, annual ground rent is £75 and the average service charge is £1,770.28. Heating is by electric panel heaters, and mains electricity is the primary fuel source — a simple system but one that can be more costly than gas in this area. The property is offered chain-free and can be sold with the existing tenant in place, currently achieving £900 per month, or with vacant possession on request.
Externally there is one allocated parking space and access to well-maintained communal gardens, useful for low-maintenance outdoor space. The immediate neighbourhood scores poorly on local deprivation indices and recorded crime is high, which is an important consideration for owner-occupiers; investors should factor this into rental assumptions and lettability. Overall, the flat is a compact, well-kept modern home with clear investment potential and straightforward running costs to review before purchase.
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