This well-presented two-bedroom ground floor apartment is offered for sale with the flexibility of being purchased either with or without tenants in situ. Currently achieving a rental income of £925 per calendar month, the property provides investors with an attractive gross yield of approximately 8.2%, making it a compelling buy-to-let opportunity.
Situated in the sought-after Coundon area, just off Barker Butts Lane, the property enjoys excellent access to local amenities, schools, and transport links, with Coventry City Centre only a short distance away.
The accommodation comprises an entrance hallway, a spacious lounge/dining room, and a modern fitted kitchen complete with integrated electric oven, gas hob, under-counter fridge, freezer, and washer/dryer. The bathroom is fitted with a shower, and there are two well-proportioned double bedrooms, with the main bedroom benefitting from built-in wardrobes.
Further features include gas central heating, double glazing, and an allocated parking space.
Whether you are an investor seeking strong returns or a first-time buyer looking for a ready-to-move-into home in a convenient and desirable location, this property offers excellent value and versatility.
Lease Term: 105 Years
Ground Rent: £150.00 per annum
Service Charge: £193.00 per month (this has been known to fluctuate depending on the level of maintenance work on the building).
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