£129,950

2 bed flat for sale in Lowther Street, Coventry (ref: 34973378)

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Key features

  • Two double bedrooms, each with its own en-suite
  • Principal bedroom suite occupying the whole top floor
  • Lounge/diner 17'11 x 15'4
  • Own front door – no communal areas
  • Newly carpeted and redecorated throughout
  • Freehold of the building available
  • Vacant, no onward chain
  • Estimated rent £925 pcm
  • Coventry University 20–25 minutes' walk
  • Approx. 69 sq m (743 sq ft)
Your own front door, a bathroom to every bedroom, and nothing to do on day one – this two-bedroom duplex works equally well as a first home or a straightforward investment.

A private hallway and stairs lead to the first floor, where a generous lounge/diner with room for a dining table sits alongside a separate kitchen and the second double bedroom with its own en-suite. The whole of the top floor is given to the principal bedroom: a large double room with sloping ceilings and its own en-suite, set well away from the living space.

The flat has been newly carpeted and redecorated throughout in neutral tones, so there is nothing to spend before moving in or letting.

For owner-occupiers, it offers space and privacy that are hard to find at this price – no shared hallway, no communal areas, and the option to buy the freehold of the building as well.

For landlords, two double bedrooms with their own en-suites make an easy let to a couple or two sharers – working professionals, postgraduate students or hospital staff. Coventry University is a short walk away and University Hospital is about ten minutes by car. We estimate the rent at £925 per calendar month, a gross yield of about 8.5% at the asking price.

The ground floor of the building is a convenience store with an off-licence, let on a separate 400-year lease with its own entrance on Heath Road. The freehold of the whole building is available with the flat; the buyer's solicitor will advise on how best to hold it.

LocationStoke is an established residential area east of the city centre, with the Ball Hill shopping parade on Walsgrave Road close by, frequent buses into town, and the ring road a few minutes away for the M6, M69 and A46.

- Coventry University (Gosford Street): approx. 1.1 miles, 20–25 minutes' walk
- City centre (Broadgate): approx. 1.4 miles, about 30 minutes' walk
- Coventry railway station: approx. 1.8 miles
- University Hospital Coventry & Warwickshire: approx. 2.5 miles, about 10 minutes by car

AccommodationGround floor: entrance hallway

First floor: lounge/diner 17'11 x 15'4 (5.46 x 4.67 m);
kitchen 11'7 x 8'4 (3.53 x 2.54 m);
bedroom two 12'5 (max) x 9'11 (3.78 x 3.02 m) with en-suite

Second floor: bedroom one 15'7 x 15'1 (max) (4.75 x 4.60 m) with en-suite

Material InformationTenure: leasehold, approx. 104 years remaining, with the freehold of the building available

Ground rent / service charge (flat): to be confirmed

Council tax: Coventry City Council, Band A

EPC: E (46), valid to July 2028

Commercial premises below: convenience store with an off-licence

Occupancy: vacant

We understand mortgage finance may be available from a number of lenders; buyers should confirm suitability and availability with their own mortgage broker or lender.

Viewings strictly by appointment through Tutis Estates – 02476 016545.

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Stamp duty due

Based on a sale price of £129,950 the total amount of stamp duty payable will be:

  • £0 First time buyer
  • £99 Moving home
  • £6,596 Additional home

Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.

Further details

  • New listing: launched in the last 10 days
  • Status: Available
  • Size: 743 sqft
  • Council tax band: A
  • Tenure: Leasehold
  • Parking spaces: On Street
  • Reference: 34973378

What else you need to know?

Leasehold

  • Lease expiry date: 2130-10-02

Utility supply, rights and restrictions

  • Utility supply
    • Electricity supply: Mains supply
    • Heating supply: Gas mains
    • Sewerage: Mains
    • Water supply: Mains
  • Other information
    • Ground rent price: £25
    • Service charge period: Year

Location

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