Just added

£129,950

(£220/sq. ft)

2 bed flat for sale
Drapers Fields, Coventry CV1

    • 2 beds

    • 2 baths

    • 1 reception

    • 592 sq. ft

  • EPC Rating: C

  • Leasehold

Added on

Imperial Sales & Letting Agents

Logo of Imperial Sales & Letting Agents

About this property

  • Excellent opportunity for first time buyers

  • 2 Bedrooms

  • 2 Parking spaces

  • Master bedroom with en suite

  • Lease remaining 106 years approx

  • Service charges £650.41 pa

  • Ground rent £100 pa

  • Property achieving monthly rent of £1100

  • EPC Rating C

  • Very close proximity to Town Centre and Coventry University

Fantastic Opportunity for First-Time Buyers and Buy-to-Let Investors!

Imperial Sales & Letting Agency is delighted to present this spacious two-bedroom flat, ideally situated in Drapers Fields, Coventry, West Midlands. Offering comfortable accommodation, an en-suite to the second bedroom and parking for two vehicles, this property presents an excellent opportunity for first-time buyers, small families and property investors alike.

The property features a spacious reception room, a fitted kitchen, two bedrooms and a family bathroom. The second bedroom benefits from its own en-suite, providing additional convenience and privacy.

Property Features
Two-bedroom flat
Spacious reception room
Fitted kitchen with modern appliances
Second bedroom with en-suite facilities
Family bathroom
Parking for two vehicles
Current rental income of £1,100 per calendar month
Ideal for first-time buyers and buy-to-let investors
Convenient location close to local amenities and transport links
Property Description
Upon entering the property, you are welcomed by a spacious reception room, providing an ideal space for relaxing and entertaining. The adjoining kitchen is fitted with modern appliances and offers practical accommodation for everyday living.

The property comprises two well-proportioned bedrooms. The main bedroom benefits from ample storage space, while the second bedroom features its own en-suite bathroom, making it suitable for guests, family members or tenants seeking additional privacy.

A family bathroom completes the accommodation, offering further convenience for residents and visitors.

Externally, the property benefits from parking for two vehicles, an attractive feature for both owner-occupiers and investors.

Investment Opportunity
Currently achieving a rental income of £1,100 per calendar month, the property may appeal to investors seeking an established rental opportunity. This equates to an annual rental income of £13,200, before expenses and other applicable costs. Buyers should independently verify the current tenancy arrangements and rental figures.

Location
Situated in Drapers Fields, Coventry, the property benefits from access to a range of local shops, restaurants, leisure facilities and everyday amenities.

Coventry offers a variety of attractions, including Coventry Transport Museum and the Herbert Art Gallery & Museum. Residents can also enjoy nearby green spaces, including War Memorial Park, with further opportunities to explore the Warwickshire countryside.

The area offers access to local transport connections, making it convenient for commuting and travelling around Coventry and the surrounding areas.

Why Buy This Property?
Whether you are taking your first step onto the property ladder, searching for a home for a small family or looking to expand your investment portfolio, this two-bedroom flat offers versatile accommodation and an attractive location.

Contact Imperial Sales & Letting Agency today to arrange a viewing and discover the potential this property has to offer.

What3words /// ankle.slap.abode

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Zoopla tools

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Local area information

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

  • Tenure

    Leasehold (106 years)

  • Service charge

    £650 per year

  • Council tax band

    C

  • Ground rent

    £100

  • Ground rent date of next review

  • Report this listing
See all recent sales in CV1

Property descriptions and related information displayed on this page are marketing materials provided by - Imperial Sales & Letting Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Imperial Sales & Letting Agents for full details and further information.