THE PROPERTY: Cloud9 Estates proudly presents this generously sized one-bedroom apartment, located in the modern Swan Lane development just outside Coventry City Centre. This second-floor property offers a fantastic opportunity for first-time buyers or investors seeking a well-positioned, low-maintenance home with strong rental potential.
The apartment is offered chain-free and comes fully furnished, making it ready to move into or let immediately. Investors can expect an estimated rental income of £800 PCM, supported by a B-rated EPC, which is compliant with upcoming 2028 energy regulations. With a 132-year lease, low ground rent (£82.16 p.a), and a reasonable service charge (£1,000.29 p.a), this property is both cost-effective and future-proof.
Inside, the home features a welcoming entrance hall with built-in storage cupboards, a separate lounge and dining area filled with natural light, and a well-appointed kitchen with a built-in cooker and space for additional appliances. The double bedroom is spacious and neutrally decorated, while the modern bathroom includes a three-piece suite with shower-over-bath and tiled walls for easy upkeep.
Externally, residents benefit from an allocated parking space in a private rear courtyard, with direct access to the communal hall. Please note, access to the second floor is via staircase only, as the block does not include a lift.
Swan Lane is ideally situated just a 10-minute walk from Coventry City Centre and the popular Ball Hill shopping parade, offering a wide range of amenities. Families and professionals will appreciate the proximity to local schools, park grounds, and the A444, which is only a two-minute drive away for quick travel across the city.
This spacious, well-located apartment combines comfort, convenience, and investment appeal. Enquire today to secure your viewing.
Key Features:
- No Chain
- EPC Rating 'B'
- Lease Remaining: 132 Years
- Allocated Parking
- Council Tax Band 'A'
- Service Charge: £1000.29 p.a
- Ground Rent: £82.16 p.a
- Offered with Furnishings
Enquire today to secure this spacious, well-located apartment-ideal for living or letting.
ENTRNACE HALLWAY
LOUNGE/DINER 18' 0" x 9' 6" (5.5m x 2.9m)
KITCHEN 10' 9" x 5' 2" (3.3m x 1.6m)
BEDROOM 14' 1" x 8' 2" (4.3m x 2.5m)
BATHROOM 6' 10" x 6' 2" (2.1m x 1.9m)
*This mortgage calculator is provided for general information purposes only. It's intended to provide you with an estimate of your potential mortgage payments and does not constitute an offer of finance or advice. The calculations are based on the information you provide and do not take into account your individual needs and circumstances.
The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.
Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.
Remember, your home may be repossessed if you do not keep up repayments on your mortgage.
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