Drapers Fields, Coventry

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.

Council Tax
Coventry borough council, Band C

Ground Rent
£100.00 Yearly

Service Charge
£650.41 Yearly

Lease Length
106 Years

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.