Up Estates says ..

Property Oracle says ..

This two-bedroom ground floor apartment in Bankside Close, Cheylesmore, Coventry, presents a potentially attractive option for first-time buyers, investors, or those looking to downsize. Located in the desirable Cheylesmore area, it benefits from proximity to well-regarded schools rated ‘Good’ by Ofsted, including Whitley Abbey Primary School and Tiverton School, both within a short distance. Transport links are also convenient, with Coventry train station easily accessible.

The interior of the apartment appears well-maintained and in reasonable condition, presented in a modern style. However, without a full property survey, it is impossible to comment on its structural condition. The apartment also has the benefit of access to communal outside space and there are also associated garages available.

The listing price of £140,000 is broadly consistent with other similar properties in the area. However, potential buyers must consider leasehold details (length of lease, ground rent, service charges), which can impact the overall cost of ownership. These costs aren’t provided, therefore, a thorough review of the leasehold agreement is recommended before proceeding with a purchase. Also the property’s plot size is not specified making an in-depth analysis of the price per sqft impossible. Overall, this property offers a decent package, but a comprehensive survey and review of all associated costs are essential before making an offer.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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