1 bed flat for sale

Quinton Parade, Coventry CV3

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 .

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

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.