Binley Road,Coventry,CV3 1JE
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
3
- SIZE
Ask agent
Key features
- NN18171
- Currently tenanted at £1,250 pcm
- 8.6% gross yield at £175,000 asking price
- Three-bedroom apartment, share of freehold
- Three bathrooms
- Immediate rental income from completion - no void period
- Bright, versatile reception room
- Well-appointed kitchen
- Communal parking and communal garden
- Well-connected CV3 location with good access to local amenities and transport links
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
- 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.
- Communal
- GARDENA property has access to an outdoor space, which could be private or shared.
- Communal garden
- 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
Binley Road,Coventry,CV3 1JE
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference S1834228. 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 eXp UK, West Midlands. 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.
*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.