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Firedrake Croft, Coventry CV1 2 bed flat for sale
Firedrake Croft, Coventry CV1
£98,000
Firedrake Croft, Coventry CV1
£98,000
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 two-bedroom residence is located in a sought-after area in the heart of Coventry, just minutes from the city centre and Coventry University. The property offers a high potential annual rental yield of £14,400, producing an annual yield of 19.2% based on the guide price. With one car parking space and a long leasehold, this property is an ideal opportunity for first-time buyers and property investors alike. The property is situated on the first floor of a modern brick-built apartment block, with UPVC double-glazed windows throughout and a total floor area of approximately 48.30 sq m (520 sq ft). The location is convenient for access to the national motorway network and Coventry train station, with a mix of local amenities, educational opportunities, and cultural attractions nearby. The guide price for this property is £70,000, and it is being sold by online auction on July 23rd, 2025, at 9am.