Firedrake Croft, Coventry CV1 2 bed flat for sale

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Firedrake Croft, Coventry CV1 2 bed flat for sale

Firedrake Croft, Coventry CV1
£70,000

Our Summary

  • FOR SALE BY ONLINE AUCTION WEDNESDAY 23RD OF JULY 2025 AT 9AM - *WELCOME TO 61 FIREDRAKE CROFT - A WELL PRESENTED VACANT TWO BEDROOM RESIDENCE LOCATED IN A SOUGHT AFTER AREA IN THE HEART OF COVENTRY*JUST MINUTES FROM THE CITY CENTRE AND COVENTRY UNIVERSITY*HIGH POTENTIAL ANNUAL RENTAL OF £14,400 YIELD OF 19
  • Long Leasehold Property Investment Opportunity*LOCATION*The property is situated on Firedrake Croft, Coventry, approximately 1
  • *HIGH ANNUAL RENTAL YIELD* - Residential Investment Potential of £14,400 Per Annum, producing an annual yield of 19

Description

This well-presented, vacant two-bedroom residence is located in a sought-after area in the heart of Coventry, just minutes from the city center and Coventry University. The property offers high potential annual rental of £14,400, yielding 19.2% (based on guide price), making it an ideal opportunity for first-time buyers and property investors alike. The property features an open-plan kitchen/lounge, two bedrooms, and a bathroom with WC, and benefits from UPVC double-glazed windows throughout. The property also comes with one car parking space located to the rear. With a long leasehold, this property investment opportunity is not to be missed. Coventry is a vibrant city with a rich history, excellent transport links, and a range of educational and leisure opportunities. The guide price for this property is £70,000, and purchases are subject to a buyer's premium.