Property Summary
INVESTMENT OPPORTUNITY | FIRST FLOOR APARTMENT | LONG LEASE | TENANTED PROPERTY ACHIEVING £775PCM
Shortland Horne are pleased to present this well-proportioned two bedroom first floor apartment, ideally located on the popular Pleydell Close, CV3. Offered with a tenant in situ currently paying £775 PCM (tenancy agreed until October 2026), this property represents an excellent turnkey investment with immediate and reliable rental income.
The property is situated within a well-maintained residential development and benefits from communal parking along with convenient access to local amenities.
Internally, the accommodation is spacious and well laid out throughout, briefly comprising a bright and airy lounge with large windows allowing for plenty of natural light, a modern fitted kitchen with a range of wall and base units, work surfaces and space for appliances, two well-proportioned bedrooms, and a contemporary shower room fitted with a white suite.
Further benefits include double glazing, electric heating, and well-kept communal surroundings.
Pleydell Close is ideally positioned within easy reach of Coventry City Centre, University Hospital Coventry & Warwickshire and a range of local shops and schools. The property also offers excellent access to major road networks including the A46, M6 and M69, making it a consistently popular location for tenants.
An ideal addition to any investment portfolio with strong rental demand and long lease security.
GOOD TO KNOW:
Tenure: Leasehold
Lease Length: Approx. 126 years remaining
Service Charge: £900 per annum
Ground Rent: £0 (No ground rent payable)
Rental Income: £775 PCM
Tenancy: Fixed until 18th October 2026
EPC Rating: D
Council Tax Band: A
PLEASE NOTE THAT LEASE DETAILS ARE FOR GUIDANCE PURPOSES ONLY AND WE WOULD RESPECTFULLY REQUEST THAT YOU SEEK CLARIFICATION OF THE EXACT TERMS VIA YOUR SOLICITOR.