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Yields up to 8.14% | Tenanted and Furnished Apartments | Two & Three Bedrooms | Secure Gated Parking

Coventry

  • Secure gated Development / Car Parking included
  • Tenanted and furnished
  • Close to the university and teaching hospital
  • 1.7 miles to Coventry train station
  • Quick access to city centre

£120,000

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Call us now on

0800 011 2277

Tenanted and Furnished Apartments | Two & Three Bedrooms | Secure Gated Parking

This is a rare opportunity to invest in small selection of tenanted and furnished apartments each with a secure car parking space. Offering high gross yields up to 8.14% and ROI over 21% when buying with a mortgage these properties will look attractive in anyones portfolio. Located in the popular commuter city of Coventry, this development benefits from being just 1.5 miles from the city centre, University and Hospital. Tenant demand will always be high given the location.

In the 2016 Good Growth for Cities Index Coventry was declared the eighth best city in the UK to live, work and do business. Coventry is the second largest city in the West Midlands (after Birmingham). It’s also the twelfth largest city in England with a current population around 345,000. It’s also one of the best connected places in the UK, being on or near the UK motorway network and well served by rail and air services. As a result it is particularly attractive for businesses who are looking to relocate.

As one of the fastest growing UK cities outside of London, there is a huge tenant demand. This development is also perfectly located for students as it is situated just 1 mile from Coventry University and 3 miles away from Coventry University Hospital. With Birmingham just 20 miles away and London an hour away by train, this development is also perfect for working professionals and those wishing to commute. This is further helped by the recent plans to renovate Coventry train station, which is fast becoming the busiest train station in the country outside of London. A £31 million masterplan is underway which will transform the station completely. These plans include a brand new station building, a multi-storey car park and new platform.

Financial Example - Three Bedroom Apartment

Purchase price

£140,000

Deposit required at 25%

£35,000

Mortgage required at 75%

£105,000

Annual rental income

£11,400

Interest payments on mortgage (based on 2.29% interest)

£2,404

Estimated annual running costs (service charge, ground rent etc)

£1,587

Estimated Net Profit

£7,409

Return On Cash Invested

21.16%

Why invest with Sequre?

Bulk Deal Discount

We are specialists in the provision of high-income producing, buy-to-let property investments in a number of major UK cities. We have many years of experience in assembling bulk deals that has provided both small and large investors with access to heavily discounted investment opportunities.

Off Market Opportunities

We maintain strong relationships with the UK’s leading housebuilders, developers, banks and receivers to ensure we provide our investors with unrivalled opportunities. Almost all of our deals are completely exclusive and not available anywhere else.

Achieve Financial Freedom

Our experienced team has successfully guided many novice investors to financial freedom through our bespoke property investment services whilst also catering for those investors with up to several million pounds to invest in completely off market investments.

Find out more

Call us now on

0800 011 2277