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Nicholls Street, Coventry

PROPERTY TYPE

Detached

BEDROOMS

1

BATHROOMS

1

SIZE

355 sq ft

33 sq m

TENURE
Describes 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

  • Rent: £820 pcm (£9,840 pa), periodic assured tenancy, tenant in situ
  • Gross yield: 8.6% at the asking price
  • Tenure: Freehold, so no ground rent or service charge
  • Council Tax: Band A
  • EPC: D (61), potential C (76) (assessed July 2026)
  • Floor area: approx. 33 sq m (355 sq ft)
  • No onward chain

Description

Detached freehold in Hillfields: 8.6% gross yield, tenant in place, income from day one.

A rare chance to buy a detached one-bedroom freehold house close to Coventry city centre at an entry-level price. One-bedroom houses are scarce in this part of the city, and this one is a short walk from the centre and Coventry University, an area with steady rental demand from working tenants and postgraduates.

The property is let and producing income, so a buyer takes over the rent from completion with no void, no refurbishment and no letting fees to recover first. Being freehold and detached, there are no service charges, no ground rent and no shared walls, which keeps running costs low and the numbers simple.

Cafés, restaurants and world-food stores are close by, with Gosford Park and direct bus routes into the centre within a few minutes' walk.

Accommodation - Ground floor: open-plan living/dining room, kitchen and shower room.

First floor: double bedroom.

Outside: low-maintenance courtyard garden.

Please note: the property has a right of way over the road at the rear, and the owner contributes a fair share towards its upkeep. Copies of the tenancy agreement are available on request.

Current Let - The property is let and managed by Tutis Estates, so a buyer takes over the rent from completion with no void period and no letting fees to recover. A full set of records is ready for the buyer: the tenancy agreement, deposit protection, safety certificates and rent history. We'll handle the handover so the tenancy and deposit transfer smoothly on completion, and the buyer can continue with our management if they wish. Being freehold and detached, there are no service charges, no ground rent and no shared walls, which keeps running costs low and the numbers simple.

Brochures

Nicholls Street, 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.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Nicholls Street, Coventry

Approximate location

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Affordability

Monthly repayments£579
Property: £ 114,950
Deposit: £ 11,495
Interest rate: 5.37%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Tutis Estates, Coventry

62 Holbrook Lane, Coventry, CV6 4AB

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Disclaimer - Property reference 34973422. 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.

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