Binley Road, Coventry, CV3 1JE
An excellent opportunity for investors, this well-presented three-bedroom apartment in CV3 1JE is offered at £175,000 with a share of freehold and an existing tenancy already in place, generating £1,250 per calendar month - equating to a strong 8.6% gross yield.
The property comprises a bright and versatile reception room, ideal for relaxing or entertaining, alongside a well-appointed kitchen. Three good-sized bedrooms offer ample space for occupants, complemented by three bathrooms, ensuring practicality for shared or family living.
Outside, residents benefit from communal parking and a well-maintained communal garden, offering a pleasant outdoor space to enjoy. Being offered as a share of freehold gives owners a stake in the building itself, alongside the long-term security that brings.
Situated in a desirable and well-connected part of CV3, the property benefits from good access to local amenities and transport links, making it well-suited to tenant demand and rental continuity. With an established tenancy already generating income, this is a rare opportunity to acquire an investment property with immediate returns and minimal void risk.
Early viewing is strongly recommended given the strength of yield on offer
NN18171
Listed by
Exp UK
Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Exp UK directly to verify availability, arrange viewings, and obtain comprehensive property documentation.
Added 25 Aug 2026
East Midlands
9461
Properties
Get move ready. Fee-Free mortgage advice to help you secure your dream home
Fee-Free Mortgage AdviceCompare fibre, cable and 5G speeds from all major providers in CV3 1JE. Check before you move
Check Broadband SpeedsEnter your details to see if this property is within your budget.
Loans, cards, car finance
Estimated property budget
Borrowing + deposit
You could borrow between
Typical borrowing
Monthly repayment
Est. at 4.5%
Loan-to-value
This is an estimate only. Your actual budget may vary depending on interest rates, credit history, and personal circumstances. For an accurate affordability assessment, speak to one of our free mortgage advisors.
This calculator provides estimates for illustrative purposes only and does not constitute financial advice. Your home may be repossessed if you do not keep up repayments on your mortgage. Estimates based on 4.5% interest rate, repayment mortgage. Actual rates depend on your circumstances.





Homemove is a trading name of HM Haus Group Ltd (Company No. 13873779, registered in England & Wales). Homemove Mortgages Ltd (Company No. 15947693) is an Appointed Representative of TMG Direct Limited, trading as TMG Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FRN 786245). Homemove Mortgages Ltd is entered on the FCA Register as an Appointed Representative (FRN 1022429). You can check registrations at NewRegister or by calling 0800 111 6768.