Flat in Coventry

£175,000

Binley Road, Coventry, CV3 1JE, Coventry

Flat for sale in Coventry, Binley Road, Coventry, CV3 1JE

Binley Road, Coventry, CV3 1JE, Coventry

£175,000

Type: Flat

Description

An excellent opportunity for investors, this well-presented three-bedroom apartment in CV3 1JE is offered at £175,000 with a share of freehold and an existing tenancy already in place, generating £1,250 per calendar month - equating to a strong 8.6% gross yield.

The property comprises a bright and versatile reception room, ideal for relaxing or entertaining, alongside a well-appointed kitchen. Three good-sized bedrooms offer ample space for occupants, complemented by three bathrooms, ensuring practicality for shared or family living.

Outside, residents benefit from communal parking and a well-maintained communal garden, offering a pleasant outdoor space to enjoy. Being offered as a share of freehold gives owners a stake in the building itself, alongside the long-term security that brings.

Situated in a desirable and well-connected part of CV3, the property benefits from good access to local amenities and transport links, making it well-suited to tenant demand and rental continuity. With an established tenancy already generating income, this is a rare opportunity to acquire an investment property with immediate returns and minimal void risk.

Early viewing is strongly recommended given the strength of yield on offer

 

NN18171

 

Location

Binley Road, Coventry, CV3 1JE, Coventry

Data

Object TypeFlat
Purchase Price£175,000
Living Space0 m²
Plot SizeN/A
Bathrooms3
Construction YearN/A
ConditionNot specified
Rooms4

Contact Agent

Listing Agent