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Quinton Parade, Coventry

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

431 sq ft

40 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Vacant 1-bed over Quinton Parade shops – zero chain, instant project
  • Guide just £80,000 – entry price that screams upside
  • Rent sweet-spot £725-£750 pcm. 10-11% gross yield once let
  • Leasehold with ~100 years left – long runway, no extension panic
  • Service charge £747.61/yr & peppercorn ground rent £0.50 – costs you barely more than a coffee
  • Council Tax Band A – tenant-friendly bills boost demand
  • Direct park views of Quinton Park’s lake, gym & green space
  • Doorstep convenience – cafés, takeaway, mini-market right below
  • Buses 17/17A at the curb; Coventry station & ring road under a mile
  • Online auction adrenaline – download legal pack, view, set your max bid and go!

Description

Flat 13, Quinton Parade, Cheylesmore, CV3 5HW

Guide £80,000

Vacant 1-Bed Aiming for 10-11 % Gross Yield

Plug straight into park-side living and high-octane returns. Sitting above the buzz of Cheylesmore’s Quinton Parade shops and staring across the road at the lakeside green of Quinton Park, this vacant first-floor one-bed is primed for a rapid refurb and a rental payday. Comparable flats on the same parade are advertised at £725–£750 pcm pointing to £8,400-£9,000 pa and 10-11 % gross yield against the £80k guide price.

Vacant & chain-free – paint it, stage it, list it, collect rent.

Panoramic park views – Quinton Park’s spring-fed lake, jogging track and outdoor gym are literally across the road.

Shop-front convenience – Londis, cafés, take-aways and everyday retail on your doorstep.

Walk-ride-bus everywhere – buses 17/17A to the city centre & University Hospital stop metres away.

Coventry station and Ring Road <1mile.

Council Tax Band A – keeps tenant costs lean and demand fierce.

Solid lease terms – approx. 100 years remaining, peppercorn ground rent just £0.50 and a modest service charge £747.61 (01 Apr 25 – 30 Mar 26).

No big lift-shaft CapEx – modern double glazing and electric heating already in place; cosmetics will turbo-charge the rent.

Multiple exit lanes – long-let, furnished corporate let, or resale to first-time buyers once polished.

Online auction thrill-ride – transparent bidding, Reservation fee, 56 day completion: easy, fast, electrifying.

Eager to amp up your portfolio? Grab the legal pack, schedule a viewing, and lock in your auction limit—this CV3 live-wire won’t hang around.

Fine Print - Leasehold approx. 100 years remaining (125 years from 1 Jan 2001 – 1 Jan 2126). Figures, areas and projections are guides only; purchasers must rely on their own inspections and solicitor’s reports before bidding.

Online Auction Information - For Sale Via Tutis Auctions Online Auction powered by Bamboo Auctions.

Auction end date and time: 21.08.2025 at 4:30pm.

The auction will be exclusively available online via our website including the legal pack information. The registration process is extremely simple and free. Please visit the Tutis Estates website, and click on the 'online auctions' tab. A 'register' button can be found on this page or by clicking into the individual listing.

Stage 1) Register your email address, create a password and confirm your account.

Stage 2) View the legal pack and arrange any viewings.

Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details.

Stage 4) You are ready to bid - Good Luck! No deposit monies are required before you bid.

Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range. A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids. Some Vendors may consider offers prior to the auction.

These offers can only be submitted via Tutis Estates and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.

Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.

Brochures

Quinton Parade, CoventryBrochure
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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Private
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

Quinton Parade, Coventry

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About Tutis Estates, Coventry

62 Holbrook Lane, Coventry, CV6 4AB

Your mortgage

Per year
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Choose between 1 and 40 years
Years
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Monthly repayments
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Disclaimer - Property reference 34054771. 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 Tutis Estates, Coventry. 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 Tutis Estates, Coventry on 024 7601 3534.

*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.”

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