61 Firedrake Croft, Coventry, West Midlands, CV1 2DR
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
520 sq ft
48 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 61 FIREDRAKE CROFT - A WELL PRESENTED TWO BEDROOM RESIDENCE LOCATED IN A SOUGHT AFTER AREA IN THE HEART OF COVENTRY
- JUST MINUTES FROM THE CITY CENTRE AND COVENTRY UNIVERSITY
- HIGH ANNUAL RENTAL YIELD OF 12.75% (BASED ON GUIDE PRICE), IDEAL OPPORTUNITY FOR PROPERTY INVESTORS
Description
***Situated just minutes from the city centre and Coventry University, this modern property offers an ideal opportunity for property investors***
***DESCRIPTION***
The property is situated within a modern brick built apartment block on the first floor under a pitched tiled roof. The property benefits from UPVC double glazed windows throughout.
The property comprises a first floor apartment providing an open plan kitchen/lounge, two bedrooms and bathroom with WC. The apartment extends to approximately 48.30 sq m (520 sq ft) GIA.
The property benefits from one car parking space located to the rear.
***LOCATION***
The property is situated on Firedrake Croft, Coventry, approximately 1.5 miles east of Coventry city centre.
Access to the national motorway network, via Junction 2 of the M6 motorway, is approximately 4.3 miles northeast of the property at Ansty Interchange. Ansty Interchange also provides access to the M69, A46, A4600, and B4065. Coventry train station is located approximately 1.5 miles from the property.
The immediate locality is made up of residential estates with terraced accommodation surrounding Firedrake Croft.
***HIGH ANNUAL RENTAL YIELD*** - Residential Investment Producing £10,200 Per Annum, producing an annual yield of 12.75% (based on guide price).
***SIZE*** - Approximately 48.30 sq m (520 sq ft) GIA
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 97, London Road, Coventry, CV1 2JQ - 3 bedroom - SOLD Mar'25 - £172,500
- 26, Charterhouse Road, Coventry, CV1 2BJ - 3 bedroom - SOLD Mar'25 - £150,000
- 155, Harnall Lane East, Coventry, CV1 5AH - 3 bedroom - SOLD Mar'25 - £145,000
***Coventry is a cathedral city and metropolitan borough in the West Midlands county, in England, on the River Sherbourne. Coventry had been a large settlement for centuries. Founded in the early Middle Ages, its city status was formally recognised in a charter of 1345.***Coventry had a population of 345,324 at the 2021 census, making it the tenth largest city in England and the 13th largest in the United Kingdom***
***Coventry's transport system includes car travel, public transport (trains and buses), walking, cycling, and freight. The city has four railway stations with good connections to London and Birmingham. A large portion of residents use cars, but the city also has an extensive bus network. Coventry is also exploring new technologies like Coventry Very Light Rail (CVLR) and micromobility.
Trains - Coventry has four railway stations: Coventry, Tile Hill, Canley, and Coventry Arena. It is on the West Coast Main Line, connecting to London and Birmingham.
Buses - Bus services are coordinated by Transport for West Midlands and operate under the West Midlands Network brand. There are concerns about reliability and frequency, especially outside peak hours.
Motorways - Coventry is served by several major motorways, including the M6, M40, M69, M45, and M1. The M42 also plays a role in the surrounding road network, and the A46 is designated as an Expressway, according to Coventry City Council. The M6 passes through Coventry itself, while others like the M40 and M45 offer access to and from the city.
***Coventry offers a variety of educational opportunities, including primary and secondary schools, higher education institutions like Coventry University, and adult education services. The city also has a home education option, with local authority support available for those choosing this route. ***
***Coventry offers a mix of attractions, from museums and historical sites to leisure and sports facilities. The city centre is known for its shopping, dining, and nightlife. For those interested in culture, there's the Coventry Cathedral, Herbert Art Gallery & Museum, and the Coventry Transport Museum. Leisure and sports enthusiasts can enjoy facilities like Planet Ice Coventry and the Coventry Building Society Arena.***
GUIDE PRICE: £80,000
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Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
61 Firedrake Croft, Coventry, West Midlands, CV1 2DR
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Visit our security centre to find out moreDisclaimer - Property reference 294957. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auction Scotland, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auction Scotland, Glasgow on 0141 673 3844.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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