3 bed flat for sale

Binley Road, Coventry CV3

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