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Tenanted Second-Floor Studio Apartment

Tenanted Second-Floor Studio Apartment

Address

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Auction date

15 Dec 2026

Guide price

£35,000

Type

Flat

Tenure

Leasehold

EPC Rating

E

Status

Upcoming

Auction location placehbolder

Description

A tenanted, leasehold second-floor studio apartment close to Coventry city centre, offered as an investment with a stated rental yield of approximately 13%.

  • Studio accommodation comprising a lounge, bedroom and kitchen area, plus a bathroom
  • Lounge/bedroom/kitchen: approximately 13 ft 8 in x 10 ft 2 in
  • Leasehold with 79 years remaining; the lease term began on 1 June 2006 for 99 years
  • Current rent: £450 per month (£5,400 per year)
  • Ground rent: £100 per year; service charge: £224 per quarter
  • Electric heating; electricity, water and sewage are supplied, although connections have not been tested
  • EPC rating: E; council tax band: A

The apartment is subject to a tenancy that commenced on 9 May 2026, providing a stated rental income for investors. Buyers should account for the remaining lease term, ground rent and service charge, and review the tenancy and legal documentation. The property is offered leasehold rather than freehold.

Last update: 06 Nov 2026

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