Coventry, England CV1 3EJ

Reference: UAJM-T2993. Excellent 1 Bed Apartment for Sale in Coventry UK Esales Property ID: es5554690 16 Queens Road Coventry West Midlands CV1 3EJ United Kingdom Modern Urban Living and Smart Investment: A 1-Bedroom Apartment in Coventry City Centre Nestled in the vibrant heart of Coventry's thriving city centre, a city increasingly celebrated for its dynamic culture and significant growth, this first-floor, one-bedroom apartment presents an exceptional opportunity for both astute investors and first-time buyers. Offering the perfect blend of urban convenience and contemporary living, this residence is ideally positioned to provide a peaceful retreat from the city's hustle and bustle while remaining incredibly well-connected to its most vital amenities and transport links. Unbeatable Central Location and Connectivity The apartment's prime location is undoubtedly one of its most compelling features. Situated just a short 3-minute walk from Coventry Train Station, residents benefit from direct and rapid rail connections to major UK cities, including London (approximately 1 hour), Birmingham, Manchester, and Liverpool. This makes it an ideal base for commuters, professionals, and those who frequently travel. The property also boasts exceptional accessibility to Coventry's renowned educational institutions. Coventry University Library is a mere 5-minute stroll away, while the prestigious University of Warwick-ranked 9th in the UK-is just a 20-minute direct bus ride from the doorstep. This proximity makes the apartment a superb choice for students seeking a safe, private, and distraction-free living space while remaining closely connected to campus life. For international students, particularly those from Hong Kong, the University of Warwick's dedicated administrative and social infrastructure further enhances its appeal. Beyond education, the central location caters perfectly to working professionals who desire quick access to the city's employment hubs and a wide array of amenities. Convenience for daily needs is unparalleled, with the popular Central 6 Retail Park located just behind the apartment. This retail hub offers a fantastic selection of shops covering clothing, food (including a large supermarket), hobbies, and household essentials, ensuring all your everyday needs are met with ease. For culinary enthusiasts, the surrounding area is a vibrant tapestry of takeaways and restaurants, offering diverse cuisines just steps from your doorstep, providing ample dining options for every taste and occasion. A Highly Attractive Investment Opportunity For investors seeking a reliable income stream with minimal overheads, this apartment stands out as an exceptional choice. The property is currently tenanted, generating a consistent rental income of 1,080 per calendar month, equating to an impressive annual rental income of 12,960. The annual expenses associated with the apartment are remarkably low, totaling just 1,625 (1,300 for service charge and 325 for ground rent). This results in a robust net rental income of 11,335 per annum. With an asking price of 120,000, the apartment delivers a highly attractive gross yield of 9.9% and, more importantly, a compelling net yield of approximately 8.7%. This strong return on investment underscores the property's potential for reliable income generation and long-term capital growth in a city undergoing significant regeneration and economic expansion. The low annual expenses contribute directly to maximizing the investor's net profit, making this a truly smart and low-maintenance addition to any property portfolio. Property is current vacant, however I can introduce a fully vetted and checked tenant through a well established UK rental agency Contemporary Design and Efficient Living Stepping inside this first-floor apartment, which spans a comfortable 458 sq.ft. (42.6 sq.m), one is immediately welcomed by a bright, airy atmosphere. The thoughtful layout flows effortlessly throughout the space